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Method and apparatus for temporary ownership of digital items in a network data processing system

  • US 7,958,055 B2
  • Filed: 08/29/2003
  • Issued: 06/07/2011
  • Est. Priority Date: 08/29/2003
  • Status: Expired due to Fees
First Claim
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1. A method in a network data processing system for temporarily transferring a unique digital item, the method comprising:

  • receiving a request for a temporary transfer of a unique digital item in an account of a first party;

    responsive to receiving the request, transferring the unique digital item to a storage in association with a retrieval tag;

    receiving a deposit from a second party;

    transferring the unique digital item from the storage to an account of the second party after the deposit has been received from the second party;

    responsive to receiving the retrieval tag from a trusted third-party server after transferring the unique digital item to the second party, performing an authentication process on the retrieval tag;

    responsive to authenticating the retrieval tag, determining whether the unique digital item has been returned to an account of the first party; and

    returning the deposit to the second party if the unique digital item has been returned to the first party.

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