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.
Patent No.:
Date of Patent:
Apr. 12, 2016
Filed:
Feb. 23, 2015
Microsoft Technology Licensing, Llc, Redmond, WA (US);
Michael A. Aday, Bellevue, WA (US);
Bryan M. Willman, Kirkland, WA (US);
Microsoft Technology Licensing, LLC, Redmond, WA (US);
Abstract
A method of assessing risk in an electronic transaction involves assignment of quality attributes to cryptographic identities presented in a digital transaction. The quality assignment supports assessment of risk in the transaction. The evaluation of risk in the transaction is made by assessing machine readable attributes of the digital identities along with transaction details. The digital identity attributes may be constructed using extensions of existing standards. A guarantee against risk of loss may be obtained by procuring insurance on the transaction before execution. Third party insurers may analyze the risk of loss in a transaction by assessing the attributes of digital identities along with transaction details and may provide a requestor with an insurance premium quote. Based on the value of the quote, the transaction participants may decide whether or not to execute the transaction.