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22 November 2013 Category: Announcement

Hong Kong Patent Granted | number HK1177070

On 27 April 2012 the Arctran Group  applied to the Hong Kong Patent Office for a patent on their “A Computerized Authorization System and Method”.

We are happy to announce that our patent application has now been granted. Patent number HK1177070

In one embodiment of the present invention, a centralized alarm method is provided for temporarily blocking electronic activities and collecting further authorization before deciding whether to conduct or abort the original activities, the method comprising: receiving, from a reliable source, a description of an activity which is currently paused, waiting for the authorization of one or more users enrolled in the program; receiving, in addition, the minimum number of endorsements required from the intended recipients, a period of time delimiting the valid interval to cast a vote on the action, and the proper channels to communicate the final resolution back to the source; dispatching a notification of the alarm to each of the intended recipients and accepting their votes upon proper authentication of their identities; offering to the recipients the possibility to veto the action, as a technique to report and immediately abort a fraudulent activity; computing the votes supplied and determining the resolution of the poll, whether by reaching a verdict or by means of time exhaustion; informing the source about the authoritative decision on whether to proceed or to abort the current activity;

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