Patents by Inventor Walter Baker, III

Walter Baker, III 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).

  • System and method for providing payment services in electronic commerce
    Patent number: 7765161
    Abstract: A system and method are disclosed for providing a plurality of payment services to facilitate electronic commerce. In one embodiment, services are provided within the context of a four-corner trust model comprising a buyer and a seller that engage in an on-line transaction. The buyer is a customer of a first financial institution. The first financial institution acts as a certificate authority for the buyer and issues the seller a hardware token including a private key and a digital certificate signed by the first financial institution. The seller is a customer of a second financial institution. The buyer uses its private key to sign payment instructions that are forwarded to the first or second financial institution for execution. The message may be forwarded to the first financial institution indirectly via the seller and the second financial institution.
    Type: Grant
    Filed: May 4, 2004
    Date of Patent: July 27, 2010
    Assignee: Identrust, Inc.
    Inventors: Mary Keenan McKenney, Markus Walch, Walter Baker, III, Oliver Storch, Peter Josef Eduard Landsmann, William John Jetter, Margaret Miu-Ling Wong, William Isaac Cameron