Patent ID: 6954740
Filing Date: 2005-10-11
Classification: G06Q

Abstract:
1. A method, via an Ethernet/Telephone/wireless/Internet network, for action verification using central verification authority comprising: storing for a timed period in a verification authority computer system data base a plurality of personal identification numbers selected and generated by entities, and a referenced account, said plurality personal identification numbers including, (a) secret key sets, (b) public/private key sets, (c) one time key sets, said entities includes an individual, company or organization which authorizes, via a computer network, by giving a personal identification number, the execution, processing or delivering of an action, and said action includes a financial transaction, message, command, non-financial transaction, approval, identification request arid data transmittal; said timed period including, (a) time limit for expiration of personal identification numbers, (b) time for initial effect of the personal identification numbers, submitting a verification request, via the computer network, requesting a verification of said action to said verification authority from an action initiating party, said verification request including a said personal identification number identifying said action and a text stream identifying a referenced account; receiving by said verification authority, via the computer network, said verification request; verifying said verification request by said verification authority computer system wherein said verification authority uses said communicated account and said personal identification number to access and retrieve said stored referenced personal identification numbers by using comparing means for comparing said verification request personal identification number to a collection of said personal identification numbers belonging to the referenced communicated account contained in said verification request, thereby verifying an action when personal identification number and referenced account match; sending a verification response, via the computer network, indicating either a verified action or an invalid action from said verification authority to the said action initiating Party.