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US 10,373,277 B2Granted
System and method for electronically providing legal instrument
AssigneeGoldman, Sachs & Co.
InventorsRaymond John Kaminski, Anthony Edward Bunnell, William Walter Hurley, David Campos Cardona
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Abstract
Disclosed subject matter includes systems and methods for providing a witnessed an electronically executed legal instrument, such as a limited power of attorney. The technology disclosed herein allows for the immediate transfer of a witnessed electronic document meeting today's current standards for witnessing of a document, including proximity of parties, and multiple forms of party identity authentication.
Claims18
A method for electronically providing an authorized and witnessed legal instrument, the method comprising:
- establishing a user login event by a user login module, the user login module authenticating user login information, the user login module providing a user login authorization;
- populating a draft legal instrument by a first instrument populating module;
- authenticating principal identity information by a principal authentication module, the principal authentication module providing a principal authentication permission;
- acquiring witness contact information by a witness information acquisition module;
- confirming witness participation information by a witness confirmation module;
- authenticating witness identity information by a witness authentication module, the witness authentication module providing a witness authentication permission;
- populating a final legal instrument by a second instrument populating module, the final legal instrument comprising principal name information of the principal identity information, the final legal instrument comprising witness name information of the witness identity information;
- confirming co-location information by a proximity confirmation module, the proximity confirmation module providing a proximity permission,
- wherein confirming co-location comprises generating and transmitting a barcode to at least one electronic device associated with the principal, and generating and transmitting a barcode to an electronic device associated with the witness, and requesting that the principal and witness use their electronic devices to take respective photographs containing faces of the principal and the witness and the barcodes, the respective barcodes defining a time limit during which the photographs are required to be captured and/or transmitted to a server, the co-location of the principal and witness being confirmed based on a time of receipt of the photograph and the barcode;
- and
- executing the final legal instrument by an execution module where the principal authentication permission, witness authentication permission, and proximity permission are provided.
8 more elements
A computer program product for electronically providing an authorized and witnessed legal instrument, the computer program product stored on a non-transitory computer readable medium and including instructions for causing a processor to execute steps comprising:
- establishing a user login event by a user login module, the user login module authenticating user login information, the user login module providing a user login authorization;
- populating a draft legal instrument by a first instrument populating module;
- authenticating principal identity information by a principal authentication module, the principal authentication module providing a principal authentication permission;
- acquiring witness contact information by a witness information acquisition module;
- confirming witness participation information by a witness confirmation module;
- authenticating witness identity information by a witness authentication module, the witness authentication module providing a witness authentication permission;
- populating a final legal instrument by a second instrument populating module, the final legal instrument comprising principal name information of the principal identity information, the final legal instrument comprising witness name information of the witness identity information;
- confirming co-location information by a proximity confirmation module, the proximity confirmation module providing a proximity permission,
- wherein confirming co-location comprises generating and transmitting a barcode to at least one electronic device associated with the principal, and generating and transmitting a barcode to an electronic device associated with the witness, and requesting that the principal and witness use their electronic devices to take respective photographs containing faces of the principal and the witness and the barcodes, the respective barcodes defining a time limit during which the photographs are required to be captured and/or transmitted to a server, the co-location of the principal and witness being confirmed based on a time of receipt of the photograph and the barcode;
- and
- executing the final legal instrument by an execution module where the principal authentication permission, witness authentication permission, and proximity permission are provided.
8 more elements
Dependencies are inferred from the claim text.