Asymmetrical escrow system for use in non-cooperative bargaining relationships
OwnerJames Ringinventor
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OwnerJames Ringinventor
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An escrow system that comprises correlating confidential data defining a fixed condition or set of conditions for a release of escrow with data presented in an indefinite series of confidential presentations seeking to satisfy that condition or set of conditions. The system involves a process whereby the conditions for a release of the escrow are fixed (i.e. reduced to writing and not subject to change for a specified period of time) but are not fully disclosed to a party seeking a release of the escrow. Instead, a party seeking a release of the escrow is permitted to submit an indefinite number of confidential presentations seeking to satisfy all of those fixed conditions, both disclosed and undisclosed. The fact and contents of each such presentation are treated as confidential unless the presentation results in a determination by the System that all of the fixed conditions have been satisfied.
1) A system or method that utilizes the conventional steps of receiving and holding data from a first party defining a fixed condition or set of fixed conditions for a release of escrow, providing a second party with an opportunity to make a presentation of data during a period of time specified by said first party seeking to satisfy all of said fixed conditions or establish that all of said fixed conditions have been satisfied, comparing said data presented by said second party with the data received from said first party, making a determination based upon said comparison as to whether all of said fixed conditions have been satisfied and, upon a determination that all of said fixed conditions have been satisfied, disclosing said determination to said first party and said second party, but which method or system does not combine said steps with certain additional steps utilized in a conventional combination, and instead combines those steps with a combination of steps that is not utilized in a conventional combination, resulting in a new combination, wherein the elements, steps or relationships which constitute the portion of the resulting combination that is new comprise:
Dependencies are inferred from the claim text.