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Method and apparatus for trading digital items in a network data processing system

  • US 20050049929A1
  • Filed: 08/29/2003
  • Published: 03/03/2005
  • Est. Priority Date: 08/29/2003
  • Status: Active Grant
First Claim
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1. A method in a network data processing system for transferring a unique digital item between a source party and a destination party, the method comprising:

  • receiving a request from the source party to list a unique digital item in an account of the source party;

    responsive to receiving the request, generating a retrieval tag for the unique digital item, wherein the retrieval tag is used to identify the unique digital item;

    sending the retrieval tag to a trusted third-party;

    transferring the unique digital item from the source account to a storage in association with the retrieval tag; and

    responsive to receiving a redemption request from the trusted third-party to transfer the unique digital item from the storage to a destination account for the destination party, transferring the unique digital item from the storage to the destination account.

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