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METHOD AND SYSTEM PROVIDING PEER EFFORT-BASED VALIDATION

[Category : - SOFTWARES]
[Viewed 265 times]

A method of performing a transaction between a first user of a first input device, and a second user of a second input device, the method includes generating, via the first input device, a transaction request with a with a first effort-based identity token associated with first user, receiving a response with the token and a validation key obtained from a validation server via the second input device based on a second effort-based identity token associated with the second user and a second user effort, providing the second user effort and second effort-based identity token to the validation server, receiving a second effort validation key from the validation server, and sending the transaction with the first user and second user identity-based tokens and first and second effort validation keys to the second person to complete the transaction while ensuring both the first and second users are consistent throughout the transaction.

This allows for a trusted provider (SaaS, etc.) to offer validation between two parties without exchanging personal information. With more anonymous, freelance transactions in the “1099 economy”, this provides both assurance and privacy.

Patent publications:

US 11176553

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