METHODS AND SYSTEMS FOR ELECTRONICALLY REPRESENTING RECORDS OF OBLIGATIONS

摘要

Methods and systems for electronically representing records of obligations are provided. The records are stored such that content describing an obligation from an obligor to an obligee is unalterable, identifiable as current and authentic, and non-repudiable. Transfers of ownership of the obligation may also be controlled and recorded using the electronic records (362). An obligation may not be recorded as being transferred without the consent of the current owner of the obligation (356). Security interests in obligations may also be recorded. The secured party may be able to control transfer of ownership of the obligation and modification of the electronic records. In preferred embodiments, these features may be achieved by using various digital signature and encryption techniques.