Secure network system for mutual aid loan association and data processing method of the same

• US 20030018568A1
• Filed: 06/06/2002
• Published: 01/23/2003
• Est. Priority Date: 06/06/2001
• Status: Abandoned Application

• Current Assignee: Jay Chieh Chen
• Original Assignee: Jay Chieh Chen
• Inventors: Chen, Jay Chieh
• Application Number:
  US10/162,707
• Publication Number:
  US 20030018568A1
• Time in Patent Office: Days
• US Class Current: 705/37
• CPC Class Codes: G06Q 40/03 Credit; Loans; Processing thereof
• CPC Class Codes: G06Q 40/04 Trading; Exchange, e.g. stocks, commodities, derivatives or currency exchange
• CPC Class Codes: G06Q 40/06 Asset management; Financial planning or analysis

Abstract

A secure network system of association of mutual aid loan and the data processing method of the same are disclosed. In the system of the present invention, the association web site controls and manages the anonymous bidding of each of the association feet to the web site, anonymous opening of the bid, and each of the association feet paying the association fund to the association web site and the web site paying the collected total fund to the winner foot, or each of the feet paying individually the association fund to the winner foot. The messages and electronic contracts being communicated between the association web site and each of the feet are encrypted and decrypted by using keys and digital signatures so as to protect from fraudulent bid by real (false) association feet. Each of the feet may change his/her amount of bidding money with unlimited times before the closing date and opening of the bid of each term of the association. The association foot downloads the association list set by other feet and negotiates the contents and conditions of the association list via the network using peer to peer mode.

Claims

1. A data processing method for a secure network system of an association of mutual aid loan;

comprising the steps of;

controlling and managing a plurality of terminals by an association web site, the association web site accepting the users of the terminals as members of the association, and receiving association lists input by each of the terminals;

publishing a message indicating the initiation of an association to each of the terminals of the association feet listed on the association list if the web site acknowledging the establishment of the association list, and receiving messages of agreement on the initiation of the association from the terminals;

receiving bidding message input from the terminals of the association feet by the wed site;

outputting message of opening a bid to each of the association feet after confirmation of opening a bid by the web site; and

outputting a message indicating the stopping of the association from the web site to each of the terminals of the association feet if it is discovered that the association cannot be continued.

2. The method according to claim 1, wherein each of the association feet makes anonymous bids on the web site via his/her terminal under the control and management of the web site of the association, the web site makes anonymous opening of the bids, then each of the feet pays the association fund to the web site, then the web site collects all of the association funds and forwards them to the foot who wins the bid, or each of the association feet pays his/her association fund to the winner foot individually.

3. The method according to claim 1 or 2, wherein the messages and electronic contracts trausmitled between the association web site and each of the feet are encrypted by using keys and digital signatures to protect from fraudulent bidding by real (false) association feet.

11. The method according to claim 1 or 4 or 10, wherein, the association list is an electronic document set with mutual negotiation, mutual confidence and agreement of at least three or more feet listed on the association list, after their combining by themselves or through the association web site.

12. The method according to claim 1 or 4 or 10, wherein the association web site is of the qualification of legal financial service and authorized to use one or more mechanisms of flowing funds over the network.

13. The method according to claim 1 or 4 or 10, wherein the association list is created by mutually downloading the lists of other feet via the network by one or more feet using peer to peer mode, and is negotiated and agreed with mutual confidence and understanding of each of the feet, and the association list is named.

14. The method according to claim 1 or 4 or 10, wherein digital certificate mechanism and keys are further used, the method further comprises the following steps:

before a message is input to the association web site by each of the feet, the message is encrypted using the public key of the association web site by each of the feet, respectively, and then digitally signed with the secret key of that foot, and concatenated with the plain text desired to be sent to the association web site by a foot, and then the message is sent to the association web site, respectively; and

before a message is output to each of the feet by the association web site, the message is encrypted with the public key of the foot at the receiving end by the association web site, then digitally signed with the secret key of the association web site, and then concatenated with the plain text intended to send to the foot at the receiving end by the association web site, and then output to the foot at the receiving end.

16. The method according to claim 1 or 4 or 10, wherein the mode of the association on the association list is determined by the following inside bid formula of the total fund of each term of the association or the outside bid formula of the total fund of each term of the association:

the inside bid formula of the total fund of each term of the association;

$ inside=($D−

$X)(p−

n)+$D(n−

1);

the outside bid formula of the total fund of each term of the association;

$outside 32 $D(p−

n)+Σ

n−

1,n−

2,n−

3 . . . (p−

1)($D+$X), where;

the association foot who bids the highest amount of money is the winner foot of the nth term of the association, and any foot who has already won a bid on the previous association dates is not allowed to bid again,

n;

the nth term of the association, n=1,2,3 . . . p, the association of mutual aid loan is divided into p terms,

p;

the total number of association feet joining the association (number of terms),

$inside;

the total association fund collected by a winner foot in the nth term of the inside bid association (total amount of association fund),

$X;

the amount of money bidden by the winner foot in the nth term of the association,

($D−

$X);

the amount of money that each of the feet except the winner foot of the nth term of the association should lend to the winner of the nth term of the association of inside bid mode,

$ outside;

the total association fund collected by the winner foot of the nth term of the outside bid association (total amount of association fund),

$D(p−

n);

the amount of money that each of the feet having not get won any bid should lend to the winner foot of the nth term of the association of outside bid mode,

Σ

n−

1, n−

2, n−

3, . . . , (p−

1)($D+$X);

the amount of money that each of the feet who has already won a bid should lend to the winner of the nth term of the association of outside bid mode according to the amount of association fund obtained by him/her in the previous term of the association.

18. The system according to claim 17, wherein the terminals of the association feet further utilize a cryptography software stored in the association foot'"'"'s IC smart card to encrypt and decrypt the message being communicated between the terminals and the web site, utilize the IC smart card to store digital certificates, and utilize secret keys of the association feet in the IC smart card to perform digital signatures.

4. A data processing method for a secure network system of an association of mutual aid loan, comprising the steps of:

(a) an association list including at least three or more association feet, wherein one of the feet inputs an association list after imputting his/her user'"'"'s ID and member'"'"'s password, the items recorded on the association list include;

the name, address, telephone number and email address of each of the association feet, the type and basic amount of the association fund, date of initiation of the association, date of each term of the association, mode of the association, agreement on the amount of money of bidding, agreement on the dates for opening bids, agreement on the path of flowing of the association funds, agreement on the mechanism of flowing of the funds selected by the association feet, time limit for the association feet to pay their association funds, the method for handling unable continuation of the association due to the association feet'"'"'s failure to pay the association fund to the association web site within the time limit or other events, and the user'"'"'s ID code of each of the association feet used for web site of the association;

(b) checking the user'"'"'s ID code, if an association foot on the association list is not a qualified member of the web site of the association according to the result of the checking, a message indicating that the association list can not be established is created and output to the association foot who has input the association list;

(c) assigning an association number m for the association list, determining that there are p feet (p=3,4,5,6 . . . ) in the association no. m, assigning a different association foot number k (k is a random number) to each of the p feet in the association no. m, determining that one association foot no. can only be collected into one association no., and assigning an association password w used by the association foot no. k for the association no. m;

(d) combining the association number m, foot number k, association password w, and a plain text of the association web site to form a message for initiating an association for the association no. m and foot no. k, then outputting it to the foot of the foot no. k, and publishing the relevant materials on the initiation of the association no. m on the web page of the association web site;

(e) before the date of initation, each of the association feet of the association no. m inputs his/her user'"'"'s ID code and user'"'"'s password for the association web site to access the web page of the association web site, inputs the association number m, the foot number k, and the association password w, then selects a displayed button displaying agreement on the initiation of the association no, m and for the association foot to input his/her selections;

(f) if the results of the checking indicate that one foot of the association no. m does not agree with the initiation of the association no. m, a message indicating that the initiation of the association by the association list is not established, is created by the association web site and output to the association foot who has input the list, otherwise, a message indicating the successful initiation of the association is output to each of the feet of the association no. m;

(g) at least one association foot no. k of the association no. m inputs his/her user'"'"'s ID code and user'"'"'s password for the association web site to assess the web page of the association web site, inputs the association number m, foot number k and association password, and then selects at least one displayed button displaying the date of a bid having not been opened yet, and inputs the amount of money of bidding;

(h) checking if there is any bid that has passed the date for opening but not been opened yet, according to the agreement on the dates for opening of the bids, if so, determining the winner'"'"'s foot number of this term of the association, updating and publishing the results of the process of the association and the materials on the flowing of the association funds on the web site, and paying the association fund of this term of the association to the winner foot according to the agreement on the path of flowing of the association funds and the agreement on the mechanism of flowing of the funds selected by the association feet; and

(i) according to the results of checking, if the association can not be continued due to one or more feet of the association no. m have not paid their association funds within the time limit, or other events, a message indicating that the association can not be further continued is published on the association web site, and each of the association feet is notified of doing according to the method for handling unable continuation of the association of mutual aid loan.

5. The method according claim 4, wherein the items recorded on the association list further include:

the web address, email address of the association web site, and the items that should be recorded by the web site required by the law;

the initiation date of the association will be the automatic invalidation time limit of the association list, if it fails to initiate the association after the input of the association list to the association web site;

an electronic contract of the association;

the name, address, telephone number, and email address of an joint liability guarantor of each of the feet;

a method for determining the winner foot of bid by the web site of the association, if no foot makes any bidding in any term of the association;

the agreement on the flowing path of the funds of each term of the association comprises;

after each of the association feet has paid the association fund to the web site of the association before the time limit of payment, the web site of the association pays the total association fund to the winner foot, or

each of the association feet pays the association fund to the winner foot by oneself individually according to the result of the opening of the bid, and inputs the materials on the flowing of the fund to the web site of the association, where the materials are published, and the winner foot inputs the acknowledgement of the materials on each of the flowing of the fund to the web site of the association;

if the association of mutual aid loan can not be continued due to the failure of the association feet to pay the association fund to the web site of the association within a time limit or other events, the method for handling this comprises;

notifying the feet having already won a bid of paying the association fund of each term that should be paid by him/her to the web site of the association on the date of each term, and the web site pays the average fund to each of the feet who have not won any bid, or notifying the feet having already won a bid of returning the total fund of the association won by him/her to the feet having not won any bid within the time limit agreed on the association list, using a reverse path for the flowing of the association fund, then the materials on the flowing of the fund are input into the web site of the association and published, and then each of the feet inputs acknowledgement of the materials on each flowing of the fund;

after the date of expiration of each term of the association, the association web site informs each of the feet of the time limit for the results of the process of the association; and

each of the association feet having dual digital key pairs, one being an encription certificate for encrypting and decrypting the messages being communicated between the association foot and the association web site, and the another being a signing certificate for performing digital signature on the messages being communicated between the foot and the association web site.

6. The method according to claim 4 or 5, wherein if the listed items on the association list have not been recorded in detail all the articles of the association, all association feet must conform to articles stipulated by laws.

7. The method according to claim 4 or 5, wherein the association list is one of a plurality of web page forms, the plurality of web page forms are set by the association web site and published on that web site for selection and use by the association feet.

8. The method according to claim 4, wherein when an association foot inputs the association number m, association foot number k, and association password w, selects at least one of the displayed buttons displaying an association date of unopened bid on the web page of the association web site, and inputs the bidding amount of money, the bidding amount of money input this time is used to replace the bidding amount of money input last time.

9. The method according to claim 4, wherein, if none of the foot nos. having not won any bid of the association no. m inputs any bidding amount of money before the expiration of any term of the association, the winner foot no. is determined from the foot nos. having not won any bid of the association no. m using electronic lots drawing published by the association web site.

10. A method for a secure network system of association of mutual aid loan, comprises the following steps:

inputting a message including an association list for requesting the initiation of an association by an association foot;

creating a message for initiating an association, after determining that each of the association feet listed on the association list is a member of the web site and the items recorded in the association list conform with stipulations by laws, this message including an association number assigned to that association list, foot number assigned to each of the association feet, and the method of lots drawing to be used when no association foot makes any bidding before the expiration of each term of the association, and delivering the message for initiating an association to each of the association feet listed on the association list, respectively;

outputting a message indicating the successful initiation of the association to each of the feet listed on the association list, after determining that a message indicating agreement with the message for the initiation of an association individually input by each of the feet listed on the association list has been received before the date of initiating the association listed on the list;

inputting bidding information by at least one of the feet listed on the association list, before the date of any term of the association listed on the list and the bid of which having not been opened yet;

after the opening of a bid that having not been opened yet after the expiration of the date of bidding of this association number, outputting a message of bid opening individually to each of the feet, and updating and publishing the results of the association process and materials on the flowing of the association funds; and

if the association of mutual aid loan can not be continued due to certain reasons, sending a message of the stopping of the association to each of the feet of the association no., respectively, this message for stopping the association is the method for handling the unable continuation of the association recorded in the association list.

15. The method according to claim 10, wherein the updating and publishing of the results of the association process and materials on flowing of the association funds further comprises the agreement on the path of flowing of the association funds of each term:

before the time limit for paying the association fund, each of the association feet pays the association fund to the association web site, then the association web site pays the total association fund to the winner foot, or

each of the feet individually pays the association fund to the winner foot according to the result of opening of the bid, and then inputs the materials on the flowing of the fund to the association web site, which then publishes those materials, and then the winner foot inputs acknowledgement of the materials on the flowing of each received fund.

17. A secure network system of association of mutual aid loan, comprises:

an association web site;

a plurality of terminals connected to the web site via a network, the terminals have already registered on the web site as association foot members of the association and been controlled and managed by the web site, each of the terminals is configured with association software for implementing the association and a browser software; and

means for connecting said terminals to the server of the web site via the Internet;

wherein, an association list set by three or more feet terminals with the feet'"'"'s mutual confidence and agreement is input to the server of the association web site by one of the terminals of the association feet whose name is listed on the association list;

the server of the association web site determines that the association list conforms with the provisions of relevant laws of association and that all the terminals of the association feet members agree on the initiation of the association, the association web site accepts the bidding of each of the terminals of the association feet having not won any bid on the association list, determines the winner foot of each term of the association of the list, and updates and publishes the result of the process of the association and the materials on the flowing procedure of the association funds.