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A Transaction System and Method for Advance a Committed Time in the Future

IP Title
A Transaction System and Method for Advance a Committed Time in the Future
Summary

The technology described in this document provides an E-commerce transaction system and a transaction method for advancing a committed time in the future. Unlike conventional E-commerce transaction technologies, this novel technology allows the validation of the signature before the committed time. The time capsule signature scheme of this invention is conducted according to an identity-based trapdoor relation. By using the identity-based trapdoor primitive, the present transaction systems and methods can distinguish whether the time capsule signature is validated before or after the committed time.
Technology Application

•E-commerce

Application Date
22/04/2009
ID No.
12/428,386
Country/Region
Hong Kong

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