Patents by Inventor Richard F. Carrott

Richard F. Carrott has filed for patents to protect the following inventions. This listing includes patent applications that are pending as well as patents that have already been granted by the United States Patent and Trademark Office (USPTO).

  • Publication number: 20120296831
    Abstract: A system and method facilitating purchase transactions over a computer network, including the purchase of electronically storable items. The embodiments herein encrypt “customer identifier string” in an encryption stream and cause the encryption stream to be transferred from the customer to a merchant in the purchase transaction. A verification entity receives the encryption stream which is sent by the merchant for identity verification and payment authorization. Then, the verification entity verifies the identifiers contained in the encryption stream and transfers an identity verification and payment authorization from the verification entity to the merchant.
    Type: Application
    Filed: August 2, 2012
    Publication date: November 22, 2012
    Inventor: RICHARD F. CARROTT
  • Publication number: 20120296773
    Abstract: A system and method facilitates purchase transactions over a computer network, including the purchase of electronically storable items. The embodiments herein encrypt “customer information” in an encryption stream and cause the encryption stream to be transferred from the customer to a merchant in the purchase transaction. A verification entity receives the encryption stream which is sent by the merchant for identity verification and payment authorization. Then, the verification entity verifies the identifiers contained in the encryption stream and transfers an identity verification and payment authorization from the verification entity to the merchant. The encryption stream or unique transaction identifier can be added, by the merchant, to a purchased electronic item to create a personalized electronic item.
    Type: Application
    Filed: August 3, 2012
    Publication date: November 22, 2012
    Inventor: Richard F. Carrott
  • Patent number: 8260719
    Abstract: A system and method facilitates purchase transactions over a computer network, including the purchase of electronically storable items. The embodiments herein encrypt “customer information” in an encryption stream and cause the encryption stream to be transferred from the customer to a merchant in the purchase transaction. A verification entity receives the encryption stream which is sent by the merchant for identity verification and payment authorization. Then, the verification entity verifies the identifiers contained in the encryption stream and transfers an identity verification and payment authorization from the verification entity to the merchant. The encryption stream or unique transaction identifier can be added, by the merchant, to a purchased electronic item to create a personalized electronic item.
    Type: Grant
    Filed: October 26, 2010
    Date of Patent: September 4, 2012
    Inventor: Richard F. Carrott
  • Patent number: 8260723
    Abstract: A system and method facilitating purchase transactions over a computer network, including the purchase of electronically storable items. The embodiments herein encrypt “customer identifier string” in an encryption stream and cause the encryption stream to be transferred from the customer to a merchant in the purchase transaction. A verification entity receives the encryption stream which is sent by the merchant for identity verification and payment authorization. Then, the verification entity verifies the identifiers contained in the encryption stream and transfers an identity verification and payment authorization from the verification entity to the merchant.
    Type: Grant
    Filed: September 2, 2008
    Date of Patent: September 4, 2012
    Inventor: Richard F. Carrott
  • Publication number: 20110040685
    Abstract: A system and method facilitates purchase transactions over a computer network, including the purchase of electronically storable items. The embodiments herein encrypt “customer information” in an encryption stream and cause the encryption stream to be transferred from the customer to a merchant in the purchase transaction. A verification entity receives the encryption stream which is sent by the merchant for identity verification and payment authorization. Then, the verification entity verifies the identifiers contained in the encryption stream and transfers an identity verification and payment authorization from the verification entity to the merchant. The encryption stream or unique transaction identifier can be added, by the merchant, to a purchased electronic item to create a personalized electronic item.
    Type: Application
    Filed: October 26, 2010
    Publication date: February 17, 2011
    Applicant: BENEDOR CORPORATION
    Inventor: Richard F. Carrott
  • Publication number: 20080319914
    Abstract: A system and method facilitating purchase transactions over a computer network, including the purchase of electronically storable items. The embodiments herein encrypt “customer identifier string” in an encryption stream and cause the encryption stream to be transferred from the customer to a merchant in the purchase transaction. A verification entity receives the encryption stream which is sent by the merchant for identity verification and payment authorization. Then, the verification entity verifies the identifiers contained in the encryption stream and transfers an identity verification and payment authorization from the verification entity to the merchant.
    Type: Application
    Filed: September 2, 2008
    Publication date: December 25, 2008
    Inventor: Richard F. Carrott
  • Patent number: 6839692
    Abstract: A method and structure for providing secure credit facility transactions for purchasing goods and services over a computer network such as the Internet that stores user's privileged information and other transactional data on the user's own computer. The method includes encryption of all information before or during its storage to the user's hard drive. The method and system includes the ability for the user to complete electronic commerce (e-commerce) transactions without revealing certain of the encrypted information, such as credit card numbers, to the merchant. The method and system creates and controls sub-accounts on a single credit facility, such as a credit card, with unique user reporting and corresponding password identifiers. The method and system sets and control sub-accounts spending amounts and replenishment periods. The method enables the user to create and control recurring debit accounts on a single credit facility, such as a credit card, over varying transactional periods.
    Type: Grant
    Filed: December 1, 2000
    Date of Patent: January 4, 2005
    Assignee: Benedor Corporation
    Inventors: Richard F. Carrott, Hirshol H. Pheir
  • Patent number: 6782369
    Abstract: A computer system and method of allocating commissions for sales made over the Internet and for dividing an otherwise indivisible Internet into defined geographic areas includes processes for: defining exclusive geographic distribution/representation areas with respect to the World Wide Web, the Internet, and e-commerce; selling exclusive geographic distribution/representation areas; recording sales of goods delivered to the exclusive geographic distribution/representation areas placed through an Internet web site; determining a value of the goods delivered to each of the geographic distribution/representation areas, and allocating the commissions based solely on the value of the goods delivered to each of the geographic distribution/representation areas.
    Type: Grant
    Filed: December 30, 1999
    Date of Patent: August 24, 2004
    Assignee: Careau & Co.
    Inventor: Richard F. Carrott
  • Publication number: 20020069177
    Abstract: A method and structure for providing secure credit facility transactions for purchasing goods and services over a computer network such as the Internet that stores user's privileged information and other transactional data on the user's own computer. The method includes encryption of all information before or during its storage to the user's hard drive. The method and system includes the ability for the user to complete electronic commerce (e-commerce) transactions without revealing certain of the encrypted information, such as credit card numbers, to the merchant. The method and system creates and controls sub-accounts on a single credit facility, such as a credit card, with unique user reporting and corresponding password identifiers. The method and system sets and control sub-accounts spending amounts and replenishment periods. The method enables the user to create and control recurring debit accounts on a single credit facility, such as a credit card, over varying transactional periods.
    Type: Application
    Filed: December 1, 2000
    Publication date: June 6, 2002
    Inventors: Richard F. Carrott, Hirshol H. Pheir
  • Patent number: 6334111
    Abstract: A method and structure for allocating commissions for sales made over the Internet including providing a link to a merchant site, attaching a tag to potential customers who select the link (where the tag identifies an association between the potential customers and a salesperson who provided the link), and allocating the commissions for purchases made by the potential customers based upon the tag.
    Type: Grant
    Filed: October 6, 2000
    Date of Patent: December 25, 2001
    Assignee: Careau & Co.
    Inventor: Richard F. Carrott
  • Patent number: 4882193
    Abstract: A process for producing a low fat content egg product is disclosed which relies upon the production of eggs having a yolk with a dark color, such as a dark yellow or a dark orange-yellow color content and which eggs also have a strong egg taste. The desired taste and color of the yoke of the egg is achieved by adjusting the feed to the chickens which produce the eggs. The contents of the egg which is removed from the shell, that is the yolk and egg white (albumen) are separated and the yolk is mixed with a substantial quantity of albumen to, in effect, dilute the yolk of the egg. The ratio of albumen to yolk is based upon that required to dilute the yolk to render an egg product having a normal yellow egg color and a normal egg taste. However, in view of the fact that there is substantially less yolk content there is also substantially less fat content including, but not limited to cholesterol content.
    Type: Grant
    Filed: July 25, 1988
    Date of Patent: November 21, 1989
    Assignee: The Careau Group
    Inventor: Richard F. Carrott