Patent ID: RE43440

Claim:
A method for performing a secure transaction between a legal entity A who has an approval to perform such transaction, and a legal entity B over a network, the transaction being initiated by the legal entity A, wherein the method is implemented in a computing system, the method comprising the steps of: the legal entity A, associating the transaction with a digital verification insignia to verify the approval to the legal entity B, the verification insignia being a unique transitory insignia valid for a single transaction and valid only for a prespecified time to complete a transaction provided to the legal entity A by a legal entity C who thereby guarantees that the legal entity A has the approval, providing the unique transitory insignia to the legal entity A by the legal entity C for said single transaction before said transaction being conditioned by the legal entity A providing to the legal entity C a secret identification code confirming the identity of the legal entity A to the legal entity C, the legal entity B validating through legal entity C the unique transitory insignia, and upon positive validation, and only then, accepts the transactions, and the legal entity C invalidating the transitory unique insignia upon completion of the transaction.