MOBILE COMMERCE SYSTEM FOR CREATION OF ENFORCEABLE ORAL AGREEMENTS

The specification and drawing figures describe and show a mobile commerce system for creation of enforceable oral agreements. The system includes at least one mobile wireless communications instrument and a data processor operatively connected to the mobile wireless communications instrument. A reco...

Ausführliche Beschreibung

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Bibliographische Detailangaben
Hauptverfasser: PAWAR SHARAD NARAYANA RAO, SKOMRA STEWART A, VOSBURG JEFFREY WILLIAM
Format: Patent
Sprache:eng
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Beschreibung
Zusammenfassung:The specification and drawing figures describe and show a mobile commerce system for creation of enforceable oral agreements. The system includes at least one mobile wireless communications instrument and a data processor operatively connected to the mobile wireless communications instrument. A recording subsystem is provided to record and archive information including identification, authorization, and authentication information. The system also includes means for disbursing and receiving digital currency. The system includes a dispute resolution protocol.