Patent ID: 8332318
Filing Date: 2012-12-11
Classification: G06Q

Abstract:
1. A method for exchange and verification of one or more electronic files via an escrow transaction comprising: uploading of an original first electronic file by a first user to a centralized server via a first user interface to a computer network; altering of the original first electronic file located on the centralized server via a verification program that scrambles data in the original first electronic file, wherein a second user is only permitted to access parts of an altered first electronic file via a second user interface to the computer network to verify the authenticity of the original first electronic file, the verification program being associated with the centralized server; notifying the second user via the second user interface to the computer network of the uploading of the original first electronic file to the centralized server; reviewing selected information about the altered first electronic file by the second user via the second user interface to the computer network; approving the altered first electronic file by the second user via the second user interface to the computer network; uploading of an original second electronic file by the second user to the centralized server via the second user interface to the computer network; altering the second electronic file via the verification program on the centralized server, wherein the first user is only permitted to access parts of an altered second electronic file via the first user interface to the computer network to verify the authenticity of the original second electronic file; notifying the first user via the first user interface to the computer network of the uploading of the original second electronic file to the centralized server by the second user; reviewing selected information about the altered second electronic file by the first user via the first user interface to the computer network; approving of the altered second electronic file by the first user via the first user interface to the computer network; confirming of the escrow transaction by the first user via the first user interface to the computer network in order to permit access to the original first electronic file located on the centralized server by the second user and the original second electronic file located on the centralized server between the first user and the second user; notifying the second user via the second user interface to the computer network of the confirmation of the escrow transaction by the first user; accessing the original first electronic file on the centralized server by the second user via the second user interface to the computer network; accessing the original second electronic file on the centralized server by the first user via the first user interface to the computer network; and viewing of the second electronic file by the first user via the first user interface to the computer network and the first electronic file by the second user via the second user interface to the computer network.