Secure database for E-commerce
First Claim
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1. A method for enabling E-commerce transactions between a vendor and a consumer, the method comprising the steps of:
- providing a secured network that stores consumer data and approved vendor information;
receiving transaction information at the secured network;
processing the transaction information to determine whether the transaction information conforms with the stored consumer data and approved vendor information; and
delivering the stored consumer data to the vendor if the transaction information is determined to conform with the stored consumer data and approved vendor information.
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Abstract
According to the present invention, a technique for providing a system and method that enables vendors and consumers to conduct E-commerce transaction while reducing the above described risks associated with each party. In some embodiments, the technique is realized by providing a secured network that stores consumer data in protected environment. In addition, some embodiments of the secured network may include an approved list of vendors that satisfy predetermined criteria.
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Citations
8 Claims
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1. A method for enabling E-commerce transactions between a vendor and a consumer, the method comprising the steps of:
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providing a secured network that stores consumer data and approved vendor information;
receiving transaction information at the secured network;
processing the transaction information to determine whether the transaction information conforms with the stored consumer data and approved vendor information; and
delivering the stored consumer data to the vendor if the transaction information is determined to conform with the stored consumer data and approved vendor information. - View Dependent Claims (2, 3, 4)
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5. An apparatus for enabling E-commerce transactions between a vendor and a consumer, the apparatus comprising:
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a secured network that stores consumer data and approved vendor information;
a transaction receiver that receives transaction information at the secured network;
a processor that processes the transaction information to determine whether the transaction information conforms with the stored consumer data and approved vendor information; and
a delivery module that delivers the stored consumer data to the vendor if the transaction information is determined to conform with the stored consumer data and approved vendor information. - View Dependent Claims (6, 7, 8)
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Specification