Patent ID: 11563585

Abstract:
Systems and methods for establishing an arbitration agreement for an agreement. A method includes creating, by a first computing system associated with a first party, an ArbitrationInformation attribute comprising the arbitration agreement. The method includes signing, by the first computing system, the ArbitrationInformation attribute with the first computing system's digital signature; creating, by the first computing system, a first SignedData message comprising the ArbitrationInformation attribute and information indicative of the agreement; and transmitting, by the first computing system, the first SignedData message to a second computing system associated with a second party different than the first party and on a different network node than the first party. The method includes signing, by the second computing system, a portion of the SignedData message or the ArbitrationInformation attribute with the second computing system's digital signature; and generating, by the second computing system, a second SignedData message around the first SignedData message.