Method and apparatus for fulfilling and updating an electronic contract

The invention concerns a method and apparatus arranged for fulfilling and updating an electronic contract. In one aspect of the invention, there is provided a method of fulfilling and updating an electronic contract. The method comprises a first step of storing details of electronic contracts in a c...

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Bibliographische Detailangaben
1. Verfasser: SALLE MATHIAS JEAN RENE
Format: Patent
Sprache:eng
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Beschreibung
Zusammenfassung:The invention concerns a method and apparatus arranged for fulfilling and updating an electronic contract. In one aspect of the invention, there is provided a method of fulfilling and updating an electronic contract. The method comprises a first step of storing details of electronic contracts in a contract repository in a format in which individual contract terms are susceptible of automatic inspection. In a further step, the repository is inspected to inspect the state of fulfilment of individual contract terms of contracts stored therein. If it is detected that at least one contract in the repository has one or more unfulfilled contract terms outstanding which require a physical transaction to complete, then details of said at least one contract are loaded in electronic form into a portable device. The portable device is then interacted with to document physical transactions relating to the one or more unfulfilled contract terms and information relating to the documented transactions is uploaded to the contract repository.