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Apparatus and method for monitoring a chain of electronic transactions

  • US 6,631,411 B1
  • Filed: 07/13/2001
  • Issued: 10/07/2003
  • Est. Priority Date: 10/12/1998
  • Status: Expired due to Term
First Claim
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1. A method for monitoring a chain of electronic transactions, the method comprising the computer-implemented steps of:

  • creating at least one monitor for monitoring said chain of electronic transactions;

    using said at least one monitor for receiving information corresponding to one or more electronic transactions that are associated with said at least one monitor and wherein said one or more electronic transactions are from said chain of electronic transactions;

    processing said information corresponding to one or more electronic transactions that are associated with said at least one monitor to form a result;

    if a composite of N monitors are created for monitoring said chain of transactions wherein N is a positive integer that is greater than 1, then in said composite;

    with respect to a first monitor, executing said first monitor;

    with respect to each monitor that is to be executed after said first monitor is executed, performing the steps of;

    if a previous result that is produced by executing a previous monitor and that satisfies a set of predetermined criteria, wherein said previous monitor is from said composite, then;

    using said previous result as an input to said each monitor that is to be executed after said first monitor is executed; and

    executing said each monitor.

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