MOBILE COMMERCE SYSTEM FOR CREATION OF ENFORCEABLE ORAL AGREEMENTS

摘要

The specification and drawing figures describe and show a mobile commerce system for creation of enforceable oral agreements. The system includes at least one mobile wireless communications instrument and a data processor operatively connected to the mobile wireless communications instrument. A recording subsystem is provided to record and archive information including identification, authorization, and authentication information. The system also includes means for disbursing and receiving digital currency. The system includes a dispute resolution protocol.