Technology verifies the authenticity, integrity and security of electronic documents associated with the settlement of a B2B transaction
Pleasanton, CA — November 18, 2004 — e-Payments solution provider Xign has received a patent for digital signature technology that verifies the authenticity, integrity and security of electronic documents associated with the settlement of a business-to-business (B2B) transaction.
The United States Patent and Trademark Office issued U.S. patent number 6,807,633 for Xign's digital signature system on October 19.
Xign said that the issuance of the patent is a significant first step in the protection of the provider's technology portfolio. The company also owns patents jointly with the Financial Services Technology Consortium and has several additional patents in process covering other unique features of Xign technology.
Legacy digital signature systems have allowed document recipients to verify the authenticity of electronic documents; however, these systems are often difficult to use, do not support a variety of computing platforms and require add-in cards or peripheral devices for interconnecting with other systems.
Xign said its newly patented technology overcomes the restrictions of legacy systems by supporting all popular computing platforms and requiring only a PC and Web browser to operate, making the Internet as secure as any private network for B2B commerce.
"Xign's digital signature technology has passed all the stringent security requirements of our Fortune 1000 customers," said Sunny McRae, vice president of engineering and chief technology officer for Xign. "We're proud of this patent, which recognizes and protects a valuable Xign asset and an essential component of our order-to-pay network for the next generation of business commerce."
Pleasanton, CA — November 18, 2004 — e-Payments solution provider Xign has received a patent for digital signature technology that verifies the authenticity, integrity and security of electronic documents associated with the settlement of a business-to-business (B2B) transaction.
The United States Patent and Trademark Office issued U.S. patent number 6,807,633 for Xign's digital signature system on October 19.
Xign said that the issuance of the patent is a significant first step in the protection of the provider's technology portfolio. The company also owns patents jointly with the Financial Services Technology Consortium and has several additional patents in process covering other unique features of Xign technology.
Legacy digital signature systems have allowed document recipients to verify the authenticity of electronic documents; however, these systems are often difficult to use, do not support a variety of computing platforms and require add-in cards or peripheral devices for interconnecting with other systems.
Xign said its newly patented technology overcomes the restrictions of legacy systems by supporting all popular computing platforms and requiring only a PC and Web browser to operate, making the Internet as secure as any private network for B2B commerce.
"Xign's digital signature technology has passed all the stringent security requirements of our Fortune 1000 customers," said Sunny McRae, vice president of engineering and chief technology officer for Xign. "We're proud of this patent, which recognizes and protects a valuable Xign asset and an essential component of our order-to-pay network for the next generation of business commerce."
