Method and device for confirming a legal transaction
OwnerMichael Schaefer, Alexander Poddey +1inventors
InventorsMichael Schaefer, Alexander Poddey, Christian Carl Bormann
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Abstract
A method for confirming a legal transaction. The method includes: instructions for the legal transaction are stipulated in a smart contract between a principal and an authorized agent, and the legal transaction is confirmed by the authorized agent on the basis of the contract in accordance with the principal's instructions.
Claims10
A method for confirming a legal transaction, the method comprising the following steps:
- stipulating instructions for the legal transaction in a smart contract between a principal and an authorized agent;
- and
- confirming the legal transaction by the authorized agent based on the smart contract in accordance with the instructions.
A non-transitory machine-readable memory medium on which is stored a computer program for confirming a legal transaction, the computer program, when executed by a computer, causing the computer to perform the following steps:
- stipulating instructions for the legal transaction in a smart contract between a principal and an authorized agent;
- and
- confirming the legal transaction by the authorized agent based on the smart contract in accordance with the instructions.
A device configured for confirming a legal transaction, the device configured to:
- stipulate instructions for the legal transaction in a smart contract between a principal and an authorized agent;
- and
- confirm the legal transaction by the authorized agent based on the smart contract in accordance with the instructions.
Dependencies are inferred from the claim text.