Invention Grant
- Patent Title: Authenticating an exchange item in an exchange item marketplace network
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Application No.: US16577807Application Date: 2019-09-20
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Publication No.: US10943275B2Publication Date: 2021-03-09
- Inventor: Josh K. Metnick
- Applicant: Raise Marketplace, LLC
- Applicant Address: US IL Chicago
- Assignee: Raise Marketplace, LLC
- Current Assignee: Raise Marketplace, LLC
- Current Assignee Address: US IL Chicago
- Agency: Garlick & Markison
- Agent Timothy W. Markison
- Main IPC: G06Q30/00
- IPC: G06Q30/00 ; G06Q30/06 ; G06Q20/40 ; G06Q20/02 ; G06Q20/20 ; G06Q20/32 ; G06Q20/34 ; G06Q20/36 ; G06Q20/38 ; G06Q20/42

Abstract:
A method begins with obtaining, by a retailing computing device of an exchange item marketplace network from a buyer device of the exchange item marketplace network in accordance with a securely passing process, control over a secure exchange item package for use of an exchange item, where only a device possessing control over the secure exchange item package may modify the secure exchange item package. The method continues by executing, by the retailing computing device, the use of the exchange item by updating the value of the exchange item to produce an updated value, generating an updated secure exchange item package to include identity of the exchange item, identity of the retailing computing device, identity of the buyer device, and the updated value of the exchange item, and securely passing, by the retailing computing device to the buyer device, control over the updated secure exchange item package.
Public/Granted literature
- US20200020004A1 AUTHENTICATING AN EXCHANGE ITEM IN AN EXCHANGE ITEM MARKETPLACE NETWORK Public/Granted day:2020-01-16
Information query