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Methods and apparatus for a title transaction network

  • US 20050273805A1
  • Filed: 06/16/2005
  • Published: 12/08/2005
  • Est. Priority Date: 05/15/2002
  • Status: Abandoned Application
First Claim
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1. A computer program product comprising a digital bearer instrument stored in a computer-readable medium, the digital bearer instrument including title data representing at least one right which may be redeemed by presentation of the digital bearer instrument to a title-enabled process in a network, the title data also identifying a resource to which each right pertains, the digital bearer instrument further including at least one stub object having a stub state associated therewith which corresponds to an externally stored state, validity of the digital bearer instrument being determined by comparison of the stub state and the externally stored state, the stub state of the stub object being operable to change to reflect each transaction in the network involving the digital bearer instrument.

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