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1. (WO2000004515) A METHOD AND APPARATUS FOR FACILITATING BUSINESS TRANSACTIONS BETWEEN BUYERS NODES AND VENDORS NODES OVER A NETWORK BY PROVIDING A VERIFICATION NODE
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CLAIMS
What is claimed is:
1. A method for conducting a transaction between a buyer node and a vendor node over a network, comprising the steps of:
(a) at the buyer node, sending a transaction request, via the network to the vendor node, for initiating a transaction between the buyer node and the vendor node;
(b) at the vendor node, upon receiving the transaction request, sending a responding message via the network to the buyer node, the responding message including identification information for identifying a verification node;
(c) at the buyer node, upon receiving the identification information, sending a verification request via the network to the verification node;
(d) at the verification node, upon receiving the verification request, sending a verification message via the network to the buyer node, to verify and/or guaranty it; and
(e) at the buyer node, upon receiving the verification message, completing the transaction between the buyer node and the vendor node.

2. The method of claim 1 , further comprising the step of:
(f) sending a completion message to the verification node, the completion message including information for indicating completion of the transaction between the buyer node and the vendor node.

3. The method of claim 2, further comprising the step of:
(g) at the verification node, sending a confirmation message to the buyer node, the confirmation message containing the information for confirming the completion of the transaction between the buyer node and the vendor node.

4. The method of claim 1 ,
wherein the verification request contains an identification of the vendor node; and
wherein the verification request is encrypted before being sent to the verification node.

5. The method of claim 1 , wherein the verification message includes steps of:
guaranteeing the transaction; and
reimbursing a payment made to the transaction, if the vendor node does not provide a satisfactory transaction.

6. A method for facilitating a transaction over a network between a buyer node and a vendor node, the method comprising the steps of, at a verification node:
(a) creating a database for storing verification information for a plurality of vendor nodes to be verified by the verification node;
(b) from the buyer node via the network, receiving a verification request for verifying the transaction between the buyer node and the vendor node, the transaction message including identification information for identifying the vendor node;
(c) comparing the received identification information against the verification information stored in the database; and
(d) sending a verification message, via the network to the buyer node, to verify and/or guarantee the transaction.

7. The method of claim 6, further comprising the step of: at the verification node, receiving a completion message via the network for indicating completion of the transaction between the buyer node and the vendor node.

8. The method of claim 7, further comprising the step of:
at the verification node, sending a confirmation message to the buyer node to confirm the transaction between the buyer node and the vendor node.

9. The method of claim 7, further comprising the step of:
at the verification node, recording the completion message.

10. The method of claim 7, the verification message including terms of:
guaranteeing the transaction; and
reimbursing a payment made to the transaction, if the transaction is not satisfied.

11. A method for conducting transactions over a network between a buyer node and a vendor node with a verification from a verification node, comprising the steps of:
at the vendor node:
(a) receiving from the buyer node a transaction request for initiating a transaction between the buyer node and the vendor node;
(b) upon receiving the transaction request, sending a responding message via the network to the buyer node, wherein the responding message contains information about a verification node that can verify and/or guarantee the transaction for the vendor node, and wherein the responding message further contains a network identification so that the buyer node can communicate with the verification node via the network to obtain verification and/or guarantee for the transaction from the verification node; and
(c) after completion of the verification by the verification node, completing the transaction initiated by the buyer node.

12. The method of claim 11 , further comprising the step of:
at the vendor node, sending a completion message to the verification node, the completion message including information for indicating completion of the transaction between the buyer node and the vendor node.

13. The method of claim 12, further comprising the step of:
at the vendor node, receiving from the verification node a confirmation message for confirming the completion of the transaction between the buyer node and the vendor node; and
at the vendor node, recording the confirming message .

14. A system for conducting a transaction between a buyer node and a vendor node over a network, comprising:
(a) means for sending a transaction request from the buyer node to the vendor node via the network to initiate a transaction between the buyer node and the vendor node;
(b) means, in response to the transaction request from the buyer node, for sending a responding message from the vendor node to the buyer node via the network to the buyer node, the responding message including identification information for identifying a verification node;
(c) means, in response to the identification information, for sending a verification request from the buyer node to the verification node via the network;

(d) means, in response to the verification request for sending a verification message from the verification node to the buyer node via the network to verify and/or guarantee the transaction; and
(e) means, in response to the verification message for completing the transaction between the buyer node and the vendor node.

15. The system of claim 14, further comprising:
(f) means for sending a completion message from the buyer node to the verification node, the completion message including information for indicating completion of the transaction between the buyer node and the vendor node.

16. The method of claim 15, further comprising:
(g) means for sending a confirmation message from the verification node to the buyer node, the confirmation message containing the information for confirming the completion of the transaction between the buyer node and the vendor node.

17. The system of claim 14,
wherein the verification request contains an identification of the vendor node; and
wherein the verification request is encrypted before being sent to the verification node.

18. The system of claim 14, wherein the verification message includes:
means for sending information for guaranteeing the transaction; and
means for sending information for reimbursing a payment made to the transaction, if the vendor node does not provide a satisfactory transaction.

19. A verification node for facilitating a transaction over a network between a buyer node and a vendor node, comprising:
(a) means for creating a database for storing verification information for a plurality of vendor nodes to be verified by the verification node;
(b) means for receiving from the buyer node via the network a verification request for verifying the transaction between the buyer node and the vendor node, the transaction message including identification information for identifying the vendor node;
(c) means for comparing the received identification information against the verification information stored in the database; and
(d) means for sending a verification message, via the network to the buyer node, the verification message including information about the vendor node.

20. The verification node of claim 19, further comprising:
means for receiving a completion message via the network for indicating completion of the transaction between the buyer node and the vendor node.

21. The verification node claim 19, further comprising:
means for sending a confirmation message to the buyer node to confirm the transaction between the buyer node and the vendor node.

22. The verification node of claim 19, further comprising:
means for recording the completion message.

23. The verification node of claim 19, the verification message including terms:
guaranteeing the transaction; and reimbursing a payment made to the transaction, if the transaction is not satisfied.

24. A vendor node for conducting a transaction over a network with a buyer node, the transaction being facilitated by a verification node, comprising:
(a) means for receiving from the buyer node via the network a transaction request for initiating a transaction between the buyer node and the vendor node;

(b) means, in response to the transaction request, for sending a responding message via the network to the buyer node, wherein the responding message contains information about the verification node that can verify and/or guarantee the transaction for the vendor node, and wherein the responding message further contains a network identification so that the buyer node can communicate with the verification node via the network to obtain verification and/or guarantee for the transaction from the verification node; and
(c) means, upon completion of the verification by the verification node, for completing the transaction initiated by the buyer node.

25. The vendor node of claim 24, further comprising:
means for sending a completion message to the verification node, the completion message including information for indicating completion of the transaction between the buyer node and the vendor node.

26. The vendor node of claim 25, further comprising:
means for receiving from the verification node a confirmation message for confirming the completion of the transaction between the buyer node and the vendor node; and
means for recording the confirming message.