Patent ID: 8060410

Claim:
A transaction-processing system for facilitating transactions involving merchant offerings among parties, the system comprising: a transaction databank having a plurality of anchor locations, each anchor location for storing a plurality of transaction-profile attributes that correspond to a transaction, wherein aspects of each transaction are characterized by transaction-based documents that are respectively provided by different parties to the transaction; and a computer arrangement, including a processor, configured and programmed to: identify, for a common transaction, at least the parties to the transaction and also attributes being carried by the respective transaction-based documents as respectively provided from the different parties to the common transaction, use the identified attributes to construct a plurality of transaction-profile attributes in a particular one of the anchor locations, and in response to another transaction-based document for the common transaction carrying the identified attributes, use the constructed transaction-profile attributes in the particular anchor location to authenticate the common transaction and to advance progress toward completion of the transaction.