The patent badge is an abbreviated version of the USPTO patent document. The patent badge does contain a link to the full patent document.

The patent badge is an abbreviated version of the USPTO patent document. The patent badge covers the following: Patent number, Date patent was issued, Date patent was filed, Title of the patent, Applicant, Inventor, Assignee, Attorney firm, Primary examiner, Assistant examiner, CPCs, and Abstract. The patent badge does contain a link to the full patent document (in Adobe Acrobat format, aka pdf). To download or print any patent click here.

Date of Patent:
Oct. 17, 2000

Filed:

Apr. 02, 1997
Applicant:
Inventor:

Silvio Micali, Brookline, MA (US);

Assignee:

Bankers Trust Corporation, New York, NY (US);

Attorney:
Primary Examiner:
Int. Cl.
CPC ...
H04L / ;
U.S. Cl.
CPC ...
380 30 ;
Abstract

A communication method between a first and second party, in the presence of a trusted party, that enables a transaction in which the second party receives a first value produced by the first party and unpredictable to the second party if and only if the first party receives a second value produced by the second party and unpredictable to the first party. The method includes two basic steps: exchanging a first set of communications between the first and second parties without participation of the trusted party to attempt completion of the transaction, and if the transaction is not completed using the first set of communications between the first and second parties, having the trusted party take action to complete the transaction.


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