WO2022069930A1 - Method and system for facilitating generation and submission of a digital document - Google Patents

Method and system for facilitating generation and submission of a digital document Download PDF

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Publication number
WO2022069930A1
WO2022069930A1 PCT/IB2020/061063 IB2020061063W WO2022069930A1 WO 2022069930 A1 WO2022069930 A1 WO 2022069930A1 IB 2020061063 W IB2020061063 W IB 2020061063W WO 2022069930 A1 WO2022069930 A1 WO 2022069930A1
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WO
WIPO (PCT)
Prior art keywords
entity
digital document
executed
instructions
generated
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Application number
PCT/IB2020/061063
Other languages
French (fr)
Inventor
Ramesh Somsolay
Original Assignee
Ramesh Somsolay
Priority date (The priority date is an assumption and is not a legal conclusion. Google has not performed a legal analysis and makes no representation as to the accuracy of the date listed.)
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Publication date
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Publication of WO2022069930A1 publication Critical patent/WO2022069930A1/en

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    • GPHYSICS
    • G06COMPUTING; CALCULATING OR COUNTING
    • G06QINFORMATION AND COMMUNICATION TECHNOLOGY [ICT] SPECIALLY ADAPTED FOR ADMINISTRATIVE, COMMERCIAL, FINANCIAL, MANAGERIAL OR SUPERVISORY PURPOSES; SYSTEMS OR METHODS SPECIALLY ADAPTED FOR ADMINISTRATIVE, COMMERCIAL, FINANCIAL, MANAGERIAL OR SUPERVISORY PURPOSES, NOT OTHERWISE PROVIDED FOR
    • G06Q10/00Administration; Management
    • G06Q10/10Office automation; Time management
    • GPHYSICS
    • G06COMPUTING; CALCULATING OR COUNTING
    • G06QINFORMATION AND COMMUNICATION TECHNOLOGY [ICT] SPECIALLY ADAPTED FOR ADMINISTRATIVE, COMMERCIAL, FINANCIAL, MANAGERIAL OR SUPERVISORY PURPOSES; SYSTEMS OR METHODS SPECIALLY ADAPTED FOR ADMINISTRATIVE, COMMERCIAL, FINANCIAL, MANAGERIAL OR SUPERVISORY PURPOSES, NOT OTHERWISE PROVIDED FOR
    • G06Q30/00Commerce
    • G06Q30/06Buying, selling or leasing transactions
    • GPHYSICS
    • G06COMPUTING; CALCULATING OR COUNTING
    • G06QINFORMATION AND COMMUNICATION TECHNOLOGY [ICT] SPECIALLY ADAPTED FOR ADMINISTRATIVE, COMMERCIAL, FINANCIAL, MANAGERIAL OR SUPERVISORY PURPOSES; SYSTEMS OR METHODS SPECIALLY ADAPTED FOR ADMINISTRATIVE, COMMERCIAL, FINANCIAL, MANAGERIAL OR SUPERVISORY PURPOSES, NOT OTHERWISE PROVIDED FOR
    • G06Q50/00Information and communication technology [ICT] specially adapted for implementation of business processes of specific business sectors, e.g. utilities or tourism
    • G06Q50/10Services
    • G06Q50/18Legal services

Definitions

  • the present invention relates generally to an online data processing service, and, more particularly, relates to a system and method for providing an online service for generation and submission of legal digital documents.
  • stamp duty is an essential part of almost any transaction that ranges from buying or selling a house to setting up a business agreement or even registering insurance policies.
  • the process of paying the stamp duty involves too many people and requires a tiring attention to detail.
  • stamp duty may seem simple enough, but it begins to get complicated when figuring out jurisdiction, meaning who decides how much duty is to be paid. Depending upon nature of the transaction, the central or state government will set stamp duty. Also, procuring stamp papers for paying the stamp duty is a tedious task and an entity may get cheated in the process.
  • An object of the present disclosure is to provide a system and method that facilitates providing legal digital documents to an entity.
  • Another object of the present disclosure is to provide a system and method that facilitates submission of legal digital documents at a central repository maintained by a concerned authority.
  • Another object of the present disclosure is to provide a system and method that facilitates maintaining a record of the digital documents issued to an entity and the documents submitted by the entity.
  • Another object of the present disclosure is to provide a system and method that facilitates to issue the digital documents to the entity on identification and verification of unique identification details of the entity.
  • the present invention relates generally to an online data processing service, and, more particularly, relates to a system and method for providing an online service for generation and submission of legal digital documents.
  • a method for generating a digital document comprising: receiving, at a processor of a remote computing device, a first set of instructions from an entity, the first set of instructions being based on one or more attributes associated with the entity; generating, at the processor, the digital document based on the received first set of instructions, the generated digital document being issued to the entity; receiving, at the processor, the issued digital document from the entity, the issued digital document being executed by the entity; and in response to receiving the executed digital document, generating, at the processor, a signal to be executed by the entity.
  • the execution of the generated signal is indicative receiving the generated digital document by the entity.
  • the one or more attributes are any of a name, age, gender and unique identification information of the entity.
  • the digital document is an authorized stamp paper.
  • the digital document is executed by the entity in any of an online mode and an offline mode.
  • the generation of the digital document comprises one of: providing a copy of the digital document via email to the entity, providing a copy of the digital document as a graphical representation via a web -based interface on a computing device associated with the entity and providing a printed hard-copy of the digital document.
  • the execution of the digital document by the entity comprises inserting of an electronically captured representation of signature of the entity in the digital document and submitting the digital document at the remote computing device.
  • the generated digital document is issued to the entity upon a successful authentication of the electronically captured representation of the signature of the entity in the digital document.
  • a system for generating a digital document comprising: a processor operatively coupled to a memory, the memory storing a set of instructions being executed by the processor to: receive a first set of instructions from an entity, the first set of instructions being based on one or more attributes associated with the entity; generate the digital document based on the received first set of instructions, the generated digital document being issued to the entity; receive the issued digital document from the entity, the issued digital document being executed by the entity; and in response to receiving the executed digital document, generate a signal for the entity, where the generated signal is to be executed by the entity.
  • FIG. 1 illustrates a network implementation of a digital documents management system for requesting, receiving and submission of the digital documents in accordance with an embodiment of the present disclosure.
  • FIG. 2 illustrates exemplary functional components of the system in accordance with an embodiment of the present disclosure.
  • FIG. 3 is a block diagram illustrating working of the system in accordance with an embodiment of the present disclosure.
  • FIG. 4 is a high-level flow diagram illustrating working of the system in accordance with an embodiment of the present disclosure.
  • FIG. 5 illustrates an exemplary computer system to implement the proposed system in accordance with embodiments of the present disclosure.
  • Embodiments of the present invention include various steps, which will be described below.
  • the steps may be performed by hardware components or may be embodied in machine-executable instructions, which may be used to cause a general-purpose or specialpurpose processor programmed with the instructions to perform the steps.
  • steps may be performed by a combination of hardware, software, firmware and/or by human operators.
  • Embodiments of the present invention may be provided as a computer program product, which may include a machine-readable storage medium tangibly embodying thereon instructions, which may be used to program a computer (or other electronic devices) to perform a process.
  • the machine -readable medium may include, but is not limited to, fixed (hard) drives, magnetic tape, floppy diskettes, optical disks, compact disc read-only memories (CD-ROMs), and magneto-optical disks, semiconductor memories, such as ROMs, PROMs, random access memories (RAMs), programmable read-only memories (PROMs), erasable PROMs (EPROMs), electrically erasable PROMs (EEPROMs), flash memory, magnetic or optical cards, or other type of media/machine-readable medium suitable for storing electronic instructions (e.g., computer programming code, such as software or firmware).
  • the present invention relates generally to an online data processing service, and, more particularly, relates to a system and method for providing an online service for generation and submission of legal digital documents.
  • FIG. 1 illustrates a network implementation 100 of a digital documents management system 102 for requesting, receiving and submission of the digital documents in accordance with an embodiment of the present disclosure.
  • the digital documents management system 102 may facilitate providing a centralized management of transaction/legal digital documents in accordance with the present invention.
  • the transaction/legal digital documents may include any documents whether related to business, personal, financial, or otherwise.
  • the system 102 may be connected to a remote computing device 104.
  • the remote computing device 104 may be a central server 104 or a remote server 104 that facilitate to generate and provide the digital documents to the entity. Examples of such documents include, but are not limited to, stamp paper, title documents, buyer/seller contracts, mortgage documents, and any other document associated with a real estate transaction.
  • the system 102 can be accessed by entities 106-1, 106- 2... 106-N (which are collectively referred to as entities 106 and individually referred to as the entity 106, hereinafter) , and can communicate with the system 102 through one or more computing devices 108-1, 108-2. .. 108-N (which are collectively referred to as computing devices 108 and individually referred to as the computing device 108, hereinafter) that can be communicatively coupled to the system 102 through a network 110.
  • the entity 106 may be a single party or multiple parties, and may be such as document executors, executing parties, signatories, a buyer or a seller, and the like.
  • the computing devices 108 may include a variety of computing systems, including but not limited to, a laptop computer, a desktop computer, a notebook, a workstation, a portable computer, a personal digital assistant, a handheld device, a smartphone and a mobile device.
  • a real estate or other transaction may require multiple parties to prepare documents.
  • a real estate agent may prepare a buyer/sellers contract, a deed of sale, and other transaction related documents.
  • a mortgagor may prepare mortgage documents.
  • the proposed system 102 facilitates to forego the need of agents or parties to prepare the documents, and facilitates to prepare the documents online and provide to the entity.
  • the system 102 may receive at a processor of a remote computing device 104 the first set of instructions.
  • the remote computing device 104 may be a remote server and may include respective computers having multiple word processing applications that enable to generate digital documents as requested by the entity 106.
  • the digital documents as provided may be such as a digital buyer/seller's contract, mortgage documents, and deed of title.
  • the first set of instructions may be based on one or more attributes of the entity 106.
  • the attributes may include name, age, gender, address or unique identification information associated with the entity 106.
  • the generated legal digital document based on the received first set of instructions is issued to the entity 106.
  • the issued digital document may be executed by the entity.
  • a signal to be executed by the entity is generated.
  • the execution of the generated signal may be indicative of receiving the generated digital document by the entity.
  • the execution of the digital document by the entity includes inserting of an electronically captured representation of signature of the entity in the digital document and submitting the digital document at the remote computing device 104.
  • the generated digital document may be issued to the entity 106 upon a successful authentication of the electronically captured representation of the signature of the entity 106 in the digital document.
  • the signature may be an offline signature or an online signature.
  • the electronically captured representation of signature is a form of the online signature. Viability of the online signature is massive, and the documents may be e- signed from any part of the world with an Internet-enabled device and thus use of the online signature is considerably cheaper as the entity (e.g., e-signer) only needs a device that is connected to the Internet.
  • the signature may be the offline signature and needs a physical presence of the entity (e.g., e-signer). Further, use of offline signatures has lead to incidents of forgery and fraud over the documents.
  • the system 102 may facilitate to provide a centralized aggregation of prepared digital documents, and may also include applications suitable for allowing export or uploading of the digital documents. Further, the system 102 may facilitate to save, download or view legal digital documents.
  • the digital document may be executed by the entity 106 in any of an online mode and an offline mode.
  • the generation of the digital document includes one of: providing a copy of the digital document via email to the entity, providing a copy of the digital document as a graphical representation via a web-based interface on a computing device associated with the entity and providing a printed hard-copy of the digital document.
  • the network 106 can be a wireless network, a wired network or a combination thereof.
  • the network 106 can be implemented as one of the different types of networks, such as intranet, local area network (LAN), wide area network (WAN), the internet, Wi-Fi, LTE network, CDMA network, and the like.
  • the network 106 can either be a dedicated network or a shared network.
  • the shared network represents an association of the different types of networks that use a variety of protocols, for example, Hypertext Transfer Protocol (HTTP), Transmission Control Protocol/Intemet Protocol (TCP/IP), Wireless Application Protocol (WAP), and the like, to communicate with one another.
  • the network 106 can include a variety of network devices, including routers, bridges, servers, computing devices, storage devices, and the like.
  • FIG. 2 illustrates exemplary functional components 200 of the system 102 in accordance with an embodiment of the present disclosure.
  • the system 102 may comprise one or more processor(s) 202.
  • the one or more processor(s) 202 may be implemented as one or more microprocessors, microcomputers, microcontrollers, digital signal processors, central processing units, logic circuitries, and/or any devices that manipulate data based on operational instructions.
  • the one or more processor(s) 202 are configured to fetch and execute computer-readable instructions stored in a memory 204 of the system 102.
  • the memory 204 may store one or more computer-readable instructions or routines, which may be fetched and executed to create or share the data units over a network service.
  • the memory 204 may comprise any non-transitory storage device including, for example, volatile memory such as RAM, or non-volatile memory such as EPROM, flash memory, and the like.
  • the system 102 may also comprise an interface(s) 206.
  • the interface(s) 206 may comprise a variety of interfaces, for example, interfaces for data input and output devices, referred to as VO devices, storage devices, and the like.
  • the interface(s) 206 may facilitate communication of system 102.
  • the interface(s) 206 may also provide a communication pathway for one or more components of the processing engine 208. Examples of such components include, but are not limited to, processing engine(s) 208 and database 210.
  • the processing engine(s) 208 may be implemented as a combination of hardware and programming (for example, programmable instructions) to implement one or more functionalities of the processing engine(s) 208.
  • the processing engine(s) 208 is stored on the memory 204 and runs on the processor(s) 202.
  • such combinations of hardware and programming may be implemented in several different ways.
  • the programming for the processing engine(s) 208 may be processor executable instructions stored on a non-transitory machine-readable storage medium and the hardware for the processing engine(s) 208 may comprise a processing resource (for example, one or more processors), to execute such instructions.
  • the machine -readable storage medium may store instructions that, when executed by the processing resource, implement the processing engine(s) 208.
  • the system 102 may comprise the machine-readable storage medium storing the instructions and the processing resource to execute the instructions, or the machine -readable storage medium may be separate but accessible to system 102 and the processing resource.
  • the processing engine(s) 208 may be implemented by electronic circuitry.
  • the database 210 may comprise data that is either stored or generated as a result of functionalities implemented by any of the components of the processing engine(s) 208 or the system 102.
  • the processing engine(s) 208 may include a first set of instructions receiving engine 212, a digital document generating engine 214, a signal generating engine 216, and other engine(s) 218.
  • Other engine(s) 220 can supplement the functionalities of the processing engine 208 or the system 102.
  • the first set of instructions receiving engine 212 may facilitate to receive a first set of instructions from an entity.
  • the first set of instructions may be based on one or more attributes associated with the entity.
  • the digital document generating engine 214 may generate the digital document based on the received first set of instructions.
  • the received first set of instructions is based on one or more attributes associated with the entity.
  • the one or more attributes are any of a name, age, gender and unique identification information of the entity.
  • the generated digital document is then issued to the entity.
  • the generated digital document may be issued to the entity upon a successful authentication of the electronically captured representation of the signature of the entity in the digital document.
  • the issued digital document is executed by the entity and is received at a remote computing device.
  • the digital document may be executed by the entity in any of an online mode and an offline mode.
  • the execution of the digital document by the entity includes inserting of an electronically captured representation of signature of the entity in the digital document and submitting the digital document at the remote computing device.
  • the signal generating engine 216 may generate a signal to be executed by the entity. The execution of the generated signal may be indicative of receiving the generated digital document by the entity.
  • the generation of the digital document includes one of: providing a copy of the digital document via email to the entity, providing a copy of the digital document as a graphical representation via a web-based interface on a computing device associated with the entity and providing a printed hard-copy of the digital document.
  • the first party may using the disclosed system login in to the system 102 using his credentials.
  • the first entity may request the remote computing device to issue a rent agreement with names of both the first entity and the second entity mentioned in the agreement.
  • the remote computing shall check the database and determine if a similar requested rent agreement is already available, and if yes, the same available rent agreement is issued to the first entity, else a new rent agreement is generated and sent to the first entity.
  • the first entity may execute the agreement and submit the completed agreement to the system.
  • the rent agreement may be provided to the first entity and executed by them either in an online mode or an offline mode. If the agreement is executed in the online mode, the first entity fills in all the details and saves the form, otherwise the first entity downloads the agreement and fills in the form physically and submits the form to the system for further execution.
  • FIG. 3 is a block diagram 300 illustrating working of the system 102 in accordance with an embodiment of the present disclosure.
  • an entity registers for requesting and obtaining digital documents. If the entity is already a registered entity, he may login in to the system, search and generate a request for issue of the legal digital documents (e.g., stamp papers).
  • the system determines and checks history of the legal digital documents that the entity has requested for in the past. In case the documents had been generated earlier, the same set of digital documents may be provided to the entity; else a new set of legal digital documents may be generated and shared with the entity.
  • a payment option is generated. This is generated based on the legal document selected by the entity.
  • the payment may include the charge for generation of the legal document and any additional miscellaneous charges if any.
  • the legal digital document may be provided to the entity.
  • the entity may have an option of either filling the digital document online or may have an option of filling the digital document offline. This is done by taking a print of the generated legal document and filling the content physically in the legal digital document.
  • the offline physical form may be uploaded and submitted at the system.
  • the contents as provided by the entity may be saved and the filled form may be executed by the system.
  • the system may generate an acknowledgement receipt for the entity, on completion of purchase of the legal digital document.
  • the entity may use the generated acknowledgment receipt for future use and reference.
  • FIG. 4 is a high-level flow diagram 400 illustrating working of the system in accordance with an embodiment of the present disclosure.
  • the process described with reference to FIG. 4 may be implemented in the form of executable instructions stored on a machine readable medium and executed by a processing resource (e.g., a microcontroller, a microprocessor, central processing unit core(s), an application- specific integrated circuit (ASIC), a field programmable gate array (FPGA), and the like) and/or in the form of other types of electronic circuitry.
  • a processing resource e.g., a microcontroller, a microprocessor, central processing unit core(s), an application- specific integrated circuit (ASIC), a field programmable gate array (FPGA), and the like
  • this processing may be performed by one or more computer systems of various forms, such as the computer system 500 described with reference to FIG. 5 below.
  • a first set of instructions are received from an entity at a processor of a remote computing device.
  • the first set of instructions is based on one or more attributes associated with the entity.
  • the digital document based on the received first set of instructions is generated.
  • the generated digital document is issued to the entity.
  • the issued digital document is executed and is received from the entity.
  • the generated signal is to be executed by the entity.
  • the present disclosure facilitates to provide the following advantages that are over and above the existing similar mechanisms.
  • the disclosure facilitates for efficient generation, submission and management of legal digital documents and hence the transactions that take place using the legal digital documents.
  • revenue collection from an entity would also be streamlined.
  • the disclosed method facilitates to generate and issue the legal documents and hence facilitate to streamline the process of receiving and submission of the legal digital documents at a central regulatory body.
  • FIG. 5 illustrates an exemplary computer system 500 to implement the proposed system in accordance with embodiments of the present disclosure.
  • computer system can include an external storage device 510, a bus 520, a main memory 530, a read only memory 540, a mass storage device 550, communication port 560, and a processor 570.
  • computer system 500 may include more than one processor 570 and communication ports 560.
  • processor 570 include, but are not limited to, an Intel® Itanium® or Itanium 2 processor(s), or AMD® Opteron® or Athlon MP® processor(s), Motorola® lines of processors, FortiSOCTM system on a chip processors or other future processors.
  • Processor 570 may include various modules associated with embodiments of the present invention.
  • Communication port 560 can be any of an RS-232 port for use with a modem based dialup connection, a 10/100 Ethernet port, a Gigabit or 10 Gigabit port using copper or fiber, a serial port, a parallel port, or other existing or future ports.
  • Communication port 560 may be chosen depending on a network, such a Local Area Network (LAN), Wide Area Network (WAN), or any network to which computer system connects.
  • LAN Local Area Network
  • WAN Wide Area Network
  • Memory 530 can be Random Access Memory (RAM), or any other dynamic storage device commonly known in the art.
  • Read only memory 540 can be any static storage device(s) e.g., but not limited to, a Programmable Read Only Memory (PROM) chips for storing static information e.g., start-up or BIOS instructions for processor 570.
  • PROM Programmable Read Only Memory
  • Mass storage 550 may be any current or future mass storage solution, which can be used to store information and/or instructions.
  • Exemplary mass storage solutions include, but are not limited to, Parallel Advanced Technology Attachment (PATA) or Serial Advanced Technology Attachment (SATA) hard disk drives or solid-state drives (internal or external, e.g., having Universal Serial Bus (USB) and/or Firewire interfaces), e.g. those available from Seagate (e.g., the Seagate Barracuda 7102 family) or Hitachi (e.g., the Hitachi Deskstar 7K1000), one or more optical discs, Redundant Array of Independent Disks (RAID) storage, e.g. an array of disks (e.g., SATA arrays), available from various vendors including Dot Hill Systems Corp., LaCie, Nexsan Technologies, Inc. and Enhance Technology, Inc.
  • PATA Parallel Advanced Technology Attachment
  • SATA Serial Advanced Technology Attachment
  • SSD Universal Serial Bus
  • Firewire interfaces e.g.,
  • Bus 520 communicatively couples processor(s) 570 with the other memory, storage and communication blocks.
  • Bus 520 can be, e.g. a Peripheral Component Interconnect (PCI) / PCI Extended (PCI-X) bus, Small Computer System Interface (SCSI), USB or the like, for connecting expansion cards, drives and other subsystems as well as other buses, such a front side bus (FSB), which connects processor 570 to software system.
  • PCI Peripheral Component Interconnect
  • PCI-X PCI Extended
  • SCSI Small Computer System Interface
  • FFB front side bus
  • operator and administrative interfaces e.g. a display, keyboard, and a cursor control device
  • bus 520 may also be coupled to bus 520 to support direct operator interaction with computer system.
  • Other operator and administrative interfaces can be provided through network connections connected through communication port 560.
  • External storage device 510 can be any kind of external hard-drives, floppy drives, IOMEGA® Zip Drives, Compact Disc - Read Only Memory (CD-ROM), Compact Disc - Re-Writable (CD- RW), Digital Video Disk - Read Only Memory (DVD-ROM).
  • CD-ROM Compact Disc - Read Only Memory
  • CD- RW Compact Disc - Re-Writable
  • DVD-ROM Digital Video Disk - Read Only Memory
  • the present disclosure provides a system and method that facilitates providing legal digital documents to an entity.
  • the present disclosure provides a system and method that facilitates submission of legal digital documents at a central repository maintained by a concerned authority.
  • the present disclosure provides a system and method that facilitates maintaining a record of the digital documents issued to an entity and the documents submitted by the entity. [00067] The present disclosure provides a system and method that facilitates to issue the digital documents to the entity on identification and verification of unique identification details of the entity.

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Abstract

An embodiment of the present disclosure provides a method for facilitating generation and submission of a digital document to a remote computing device. The method facilitates to receive at a processor of a remote computing device a first set of instructions from an entity. The first set of instructions is based on one or more attributes associated with the entity. The digital document is generated based on the received first set of instructions. The generated digital document is issued to the entity. Further, the issued digital document is executed by the entity and the executed digital document is received at the remote computing device from the entity. In response to receiving the executed digital document, a signal for the entity is generated where the generated signal is to be executed by the entity.

Description

METHOD AND SYSTEM FOR FACILITATING GENERATION AND SUBMISSION OF A DIGITAL DOCUMENT
TECHNICAL FIELD
[0001] The present invention relates generally to an online data processing service, and, more particularly, relates to a system and method for providing an online service for generation and submission of legal digital documents.
BACKGROUND
[0002] In prevalent scenarios, paying stamp duty is an essential part of almost any transaction that ranges from buying or selling a house to setting up a business agreement or even registering insurance policies. However, the process of paying the stamp duty involves too many people and requires a tiring attention to detail.
[0003] The process of paying the stamp duty may seem simple enough, but it begins to get complicated when figuring out jurisdiction, meaning who decides how much duty is to be paid. Depending upon nature of the transaction, the central or state government will set stamp duty. Also, procuring stamp papers for paying the stamp duty is a tedious task and an entity may get cheated in the process.
[0004] There is therefore a need in the art, for using digital documents e.g., digital stamp papers for paying the stamp duty as the digital documents can be generated within minutes and is a tamper-proof method. Further, the digital stamp papers being generated are issued from a central server that is governed by a government authority.
OBJECTS OF THE PRESENT DISCLOSURE
[0005] Some of the objects of the present disclosure aimed to ameliorate one or more problems of the prior art or to at least provide a useful alternative are listed herein below.
[0006] An object of the present disclosure is to provide a system and method that facilitates providing legal digital documents to an entity.
[0007] Another object of the present disclosure is to provide a system and method that facilitates submission of legal digital documents at a central repository maintained by a concerned authority.
[0008] Another object of the present disclosure is to provide a system and method that facilitates maintaining a record of the digital documents issued to an entity and the documents submitted by the entity. [0009] Another object of the present disclosure is to provide a system and method that facilitates to issue the digital documents to the entity on identification and verification of unique identification details of the entity.
SUMMARY OF THE INVENTION
[00010] The present invention relates generally to an online data processing service, and, more particularly, relates to a system and method for providing an online service for generation and submission of legal digital documents.
[00011] According to an aspect of the present disclosure is provided, a method for generating a digital document, said method comprising: receiving, at a processor of a remote computing device, a first set of instructions from an entity, the first set of instructions being based on one or more attributes associated with the entity; generating, at the processor, the digital document based on the received first set of instructions, the generated digital document being issued to the entity; receiving, at the processor, the issued digital document from the entity, the issued digital document being executed by the entity; and in response to receiving the executed digital document, generating, at the processor, a signal to be executed by the entity.
[00012] According to an embodiment, the execution of the generated signal is indicative receiving the generated digital document by the entity.
[00013] According to an embodiment, the one or more attributes are any of a name, age, gender and unique identification information of the entity.
[00014] According to an embodiment, the digital document is an authorized stamp paper.
[00015] According to an embodiment, the digital document is executed by the entity in any of an online mode and an offline mode.
[00016] According to an embodiment, the generation of the digital document comprises one of: providing a copy of the digital document via email to the entity, providing a copy of the digital document as a graphical representation via a web -based interface on a computing device associated with the entity and providing a printed hard-copy of the digital document.
[00017] According to an embodiment, the execution of the digital document by the entity comprises inserting of an electronically captured representation of signature of the entity in the digital document and submitting the digital document at the remote computing device. [00018] According to an embodiment, the generated digital document is issued to the entity upon a successful authentication of the electronically captured representation of the signature of the entity in the digital document.
[00019] According to another aspect is provided a system for generating a digital document, said system comprising: a processor operatively coupled to a memory, the memory storing a set of instructions being executed by the processor to: receive a first set of instructions from an entity, the first set of instructions being based on one or more attributes associated with the entity; generate the digital document based on the received first set of instructions, the generated digital document being issued to the entity; receive the issued digital document from the entity, the issued digital document being executed by the entity; and in response to receiving the executed digital document, generate a signal for the entity, where the generated signal is to be executed by the entity.
[00020] Various objects, features, aspects and advantages of the present disclosure will become more apparent from the following detailed description of preferred embodiments, along with the accompanying drawing figures in which like numerals represent like features.
BRIEF DESCRIPTION OF THE ACCOMPANYING DRAWINGS
[00021] In the figures, similar components and/or features may have the same reference label. Further, various components of the same type may be distinguished by following the reference label with a second label that distinguishes among the similar components. If only the first reference label is used in the specification, the description is applicable to any one of the similar components having the same first reference label irrespective of the second reference label.
[00022] FIG. 1 illustrates a network implementation of a digital documents management system for requesting, receiving and submission of the digital documents in accordance with an embodiment of the present disclosure.
[00023] FIG. 2 illustrates exemplary functional components of the system in accordance with an embodiment of the present disclosure.
[00024] FIG. 3 is a block diagram illustrating working of the system in accordance with an embodiment of the present disclosure.
[00025] FIG. 4 is a high-level flow diagram illustrating working of the system in accordance with an embodiment of the present disclosure.
[00026] FIG. 5 illustrates an exemplary computer system to implement the proposed system in accordance with embodiments of the present disclosure. DETAILED DESCRIPTION
[00027] In the following description, numerous specific details are set forth in order to provide a thorough understanding of embodiments of the present invention. It will be apparent to one skilled in the art that embodiments of the present invention may be practiced without some of these specific details.
[00028] Embodiments of the present invention include various steps, which will be described below. The steps may be performed by hardware components or may be embodied in machine-executable instructions, which may be used to cause a general-purpose or specialpurpose processor programmed with the instructions to perform the steps. Alternatively, steps may be performed by a combination of hardware, software, firmware and/or by human operators.
[00029] Embodiments of the present invention may be provided as a computer program product, which may include a machine-readable storage medium tangibly embodying thereon instructions, which may be used to program a computer (or other electronic devices) to perform a process. The machine -readable medium may include, but is not limited to, fixed (hard) drives, magnetic tape, floppy diskettes, optical disks, compact disc read-only memories (CD-ROMs), and magneto-optical disks, semiconductor memories, such as ROMs, PROMs, random access memories (RAMs), programmable read-only memories (PROMs), erasable PROMs (EPROMs), electrically erasable PROMs (EEPROMs), flash memory, magnetic or optical cards, or other type of media/machine-readable medium suitable for storing electronic instructions (e.g., computer programming code, such as software or firmware).
[00030] The present invention relates generally to an online data processing service, and, more particularly, relates to a system and method for providing an online service for generation and submission of legal digital documents.
[00031] Referring to the drawings, the invention will now be described in more detail.
[00032] FIG. 1 illustrates a network implementation 100 of a digital documents management system 102 for requesting, receiving and submission of the digital documents in accordance with an embodiment of the present disclosure.
[00033] In an embodiment, the digital documents management system 102 (also referred to herein as system 102) may facilitate providing a centralized management of transaction/legal digital documents in accordance with the present invention. The transaction/legal digital documents may include any documents whether related to business, personal, financial, or otherwise. The system 102 may be connected to a remote computing device 104. The remote computing device 104 may be a central server 104 or a remote server 104 that facilitate to generate and provide the digital documents to the entity. Examples of such documents include, but are not limited to, stamp paper, title documents, buyer/seller contracts, mortgage documents, and any other document associated with a real estate transaction.
[00034] In an implementation, the system 102 can be accessed by entities 106-1, 106- 2... 106-N (which are collectively referred to as entities 106 and individually referred to as the entity 106, hereinafter) , and can communicate with the system 102 through one or more computing devices 108-1, 108-2. .. 108-N (which are collectively referred to as computing devices 108 and individually referred to as the computing device 108, hereinafter) that can be communicatively coupled to the system 102 through a network 110. The entity 106 may be a single party or multiple parties, and may be such as document executors, executing parties, signatories, a buyer or a seller, and the like. Further, the computing devices 108 may include a variety of computing systems, including but not limited to, a laptop computer, a desktop computer, a notebook, a workstation, a portable computer, a personal digital assistant, a handheld device, a smartphone and a mobile device.
[00035] In general, a real estate or other transaction may require multiple parties to prepare documents. For example, in a real estate context/rental context, a real estate agent may prepare a buyer/sellers contract, a deed of sale, and other transaction related documents. A mortgagor may prepare mortgage documents. The proposed system 102 facilitates to forego the need of agents or parties to prepare the documents, and facilitates to prepare the documents online and provide to the entity.
[00036] In an embodiment, the system 102 may receive at a processor of a remote computing device 104 the first set of instructions. For example, the remote computing device 104 may be a remote server and may include respective computers having multiple word processing applications that enable to generate digital documents as requested by the entity 106. The digital documents as provided may be such as a digital buyer/seller's contract, mortgage documents, and deed of title. The first set of instructions may be based on one or more attributes of the entity 106. The attributes may include name, age, gender, address or unique identification information associated with the entity 106. The generated legal digital document based on the received first set of instructions is issued to the entity 106. The issued digital document may be executed by the entity. In response to receiving the executed digital document a signal to be executed by the entity is generated. The execution of the generated signal may be indicative of receiving the generated digital document by the entity. In an embodiment, the execution of the digital document by the entity includes inserting of an electronically captured representation of signature of the entity in the digital document and submitting the digital document at the remote computing device 104. In an embodiment, the generated digital document may be issued to the entity 106 upon a successful authentication of the electronically captured representation of the signature of the entity 106 in the digital document.
[00037] In an exemplary embodiment, the signature may be an offline signature or an online signature. The electronically captured representation of signature is a form of the online signature. Viability of the online signature is massive, and the documents may be e- signed from any part of the world with an Internet-enabled device and thus use of the online signature is considerably cheaper as the entity (e.g., e-signer) only needs a device that is connected to the Internet. In yet another embodiment, the signature may be the offline signature and needs a physical presence of the entity (e.g., e-signer). Further, use of offline signatures has lead to incidents of forgery and fraud over the documents.
[00038] In an embodiment, the system 102 may facilitate to provide a centralized aggregation of prepared digital documents, and may also include applications suitable for allowing export or uploading of the digital documents. Further, the system 102 may facilitate to save, download or view legal digital documents. In an embodiment, the digital document may be executed by the entity 106 in any of an online mode and an offline mode. In yet another embodiment, the generation of the digital document includes one of: providing a copy of the digital document via email to the entity, providing a copy of the digital document as a graphical representation via a web-based interface on a computing device associated with the entity and providing a printed hard-copy of the digital document.
[00039] In an implementation, the network 106 can be a wireless network, a wired network or a combination thereof. The network 106 can be implemented as one of the different types of networks, such as intranet, local area network (LAN), wide area network (WAN), the internet, Wi-Fi, LTE network, CDMA network, and the like. Further, the network 106 can either be a dedicated network or a shared network. The shared network represents an association of the different types of networks that use a variety of protocols, for example, Hypertext Transfer Protocol (HTTP), Transmission Control Protocol/Intemet Protocol (TCP/IP), Wireless Application Protocol (WAP), and the like, to communicate with one another. Further the network 106 can include a variety of network devices, including routers, bridges, servers, computing devices, storage devices, and the like. [00040] FIG. 2 illustrates exemplary functional components 200 of the system 102 in accordance with an embodiment of the present disclosure.
[00041] In an aspect, the system 102 may comprise one or more processor(s) 202. The one or more processor(s) 202 may be implemented as one or more microprocessors, microcomputers, microcontrollers, digital signal processors, central processing units, logic circuitries, and/or any devices that manipulate data based on operational instructions. Among other capabilities, the one or more processor(s) 202 are configured to fetch and execute computer-readable instructions stored in a memory 204 of the system 102. The memory 204 may store one or more computer-readable instructions or routines, which may be fetched and executed to create or share the data units over a network service. The memory 204 may comprise any non-transitory storage device including, for example, volatile memory such as RAM, or non-volatile memory such as EPROM, flash memory, and the like.
[00042] The system 102 may also comprise an interface(s) 206. The interface(s) 206 may comprise a variety of interfaces, for example, interfaces for data input and output devices, referred to as VO devices, storage devices, and the like. The interface(s) 206 may facilitate communication of system 102. The interface(s) 206 may also provide a communication pathway for one or more components of the processing engine 208. Examples of such components include, but are not limited to, processing engine(s) 208 and database 210.
[00043] The processing engine(s) 208 may be implemented as a combination of hardware and programming (for example, programmable instructions) to implement one or more functionalities of the processing engine(s) 208. The processing engine(s) 208 is stored on the memory 204 and runs on the processor(s) 202. In examples described herein, such combinations of hardware and programming may be implemented in several different ways. For example, the programming for the processing engine(s) 208 may be processor executable instructions stored on a non-transitory machine-readable storage medium and the hardware for the processing engine(s) 208 may comprise a processing resource (for example, one or more processors), to execute such instructions. In the present examples, the machine -readable storage medium may store instructions that, when executed by the processing resource, implement the processing engine(s) 208. In such examples, the system 102 may comprise the machine-readable storage medium storing the instructions and the processing resource to execute the instructions, or the machine -readable storage medium may be separate but accessible to system 102 and the processing resource. In other examples, the processing engine(s) 208 may be implemented by electronic circuitry. [00044] The database 210 may comprise data that is either stored or generated as a result of functionalities implemented by any of the components of the processing engine(s) 208 or the system 102. In an embodiment, the processing engine(s) 208 may include a first set of instructions receiving engine 212, a digital document generating engine 214, a signal generating engine 216, and other engine(s) 218. Other engine(s) 220 can supplement the functionalities of the processing engine 208 or the system 102.
[00045] The first set of instructions receiving engine 212 may facilitate to receive a first set of instructions from an entity. The first set of instructions may be based on one or more attributes associated with the entity. The digital document generating engine 214 may generate the digital document based on the received first set of instructions. The received first set of instructions is based on one or more attributes associated with the entity. The one or more attributes are any of a name, age, gender and unique identification information of the entity. The generated digital document is then issued to the entity. In an embodiment, the generated digital document may be issued to the entity upon a successful authentication of the electronically captured representation of the signature of the entity in the digital document. The issued digital document is executed by the entity and is received at a remote computing device. The digital document may be executed by the entity in any of an online mode and an offline mode. In an embodiment, the execution of the digital document by the entity includes inserting of an electronically captured representation of signature of the entity in the digital document and submitting the digital document at the remote computing device. In response to receiving the executed digital document, the signal generating engine 216 may generate a signal to be executed by the entity. The execution of the generated signal may be indicative of receiving the generated digital document by the entity.
[00046] In an embodiment, the generation of the digital document includes one of: providing a copy of the digital document via email to the entity, providing a copy of the digital document as a graphical representation via a web-based interface on a computing device associated with the entity and providing a printed hard-copy of the digital document.
[00047] In an exemplary embodiment, when a first entity plans to enter into an e.g., rent agreement with a second entity, the first party may using the disclosed system login in to the system 102 using his credentials. Upon successful login, the first entity may request the remote computing device to issue a rent agreement with names of both the first entity and the second entity mentioned in the agreement. The remote computing shall check the database and determine if a similar requested rent agreement is already available, and if yes, the same available rent agreement is issued to the first entity, else a new rent agreement is generated and sent to the first entity. When the rent agreement is received, the first entity may execute the agreement and submit the completed agreement to the system. The rent agreement may be provided to the first entity and executed by them either in an online mode or an offline mode. If the agreement is executed in the online mode, the first entity fills in all the details and saves the form, otherwise the first entity downloads the agreement and fills in the form physically and submits the form to the system for further execution.
[00048] When the system accepts the filled agreement, a charge for the rent agreement is generated and is sent to the first entity. The entity pays in a required stamp duty as applied for generation of the rent agreement and any additional costs to finally receive the finalized agreement on a government approved stamp paper for a determined price.
[00049] FIG. 3 is a block diagram 300 illustrating working of the system 102 in accordance with an embodiment of the present disclosure.
[00050] With reference to FIG. 3, at block 302, an entity registers for requesting and obtaining digital documents. If the entity is already a registered entity, he may login in to the system, search and generate a request for issue of the legal digital documents (e.g., stamp papers). At block 304, the system determines and checks history of the legal digital documents that the entity has requested for in the past. In case the documents had been generated earlier, the same set of digital documents may be provided to the entity; else a new set of legal digital documents may be generated and shared with the entity.
[00051] In an embodiment, at block 306, a payment option is generated. This is generated based on the legal document selected by the entity. The payment may include the charge for generation of the legal document and any additional miscellaneous charges if any. Upon clearing the payment, the legal digital document may be provided to the entity. At block 308, the entity may have an option of either filling the digital document online or may have an option of filling the digital document offline. This is done by taking a print of the generated legal document and filling the content physically in the legal digital document.
[00052] At block 310, the offline physical form may be uploaded and submitted at the system. In case the legal digital document is filled online, the contents as provided by the entity may be saved and the filled form may be executed by the system. Further, at block 312, the system may generate an acknowledgement receipt for the entity, on completion of purchase of the legal digital document. The entity may use the generated acknowledgment receipt for future use and reference.
[00053] FIG. 4 is a high-level flow diagram 400 illustrating working of the system in accordance with an embodiment of the present disclosure. The process described with reference to FIG. 4 may be implemented in the form of executable instructions stored on a machine readable medium and executed by a processing resource (e.g., a microcontroller, a microprocessor, central processing unit core(s), an application- specific integrated circuit (ASIC), a field programmable gate array (FPGA), and the like) and/or in the form of other types of electronic circuitry. For example, this processing may be performed by one or more computer systems of various forms, such as the computer system 500 described with reference to FIG. 5 below.
[00054] In context of the present example, at block 402, a first set of instructions are received from an entity at a processor of a remote computing device. The first set of instructions is based on one or more attributes associated with the entity. At block 404, the digital document based on the received first set of instructions is generated. The generated digital document is issued to the entity. Further, at block 406, the issued digital document is executed and is received from the entity. In response to receiving the executed digital document, at block 408, generating a signal for the entity. The generated signal is to be executed by the entity.
[00055] The present disclosure facilitates to provide the following advantages that are over and above the existing similar mechanisms. The disclosure facilitates for efficient generation, submission and management of legal digital documents and hence the transactions that take place using the legal digital documents. Using the disclosed method revenue collection from an entity would also be streamlined. The disclosed method facilitates to generate and issue the legal documents and hence facilitate to streamline the process of receiving and submission of the legal digital documents at a central regulatory body.
[00056] FIG. 5 illustrates an exemplary computer system 500 to implement the proposed system in accordance with embodiments of the present disclosure. As shown in FIG. 5, computer system can include an external storage device 510, a bus 520, a main memory 530, a read only memory 540, a mass storage device 550, communication port 560, and a processor 570.
[00057] Those skilled in the art will appreciate that computer system 500 may include more than one processor 570 and communication ports 560. Examples of processor 570 include, but are not limited to, an Intel® Itanium® or Itanium 2 processor(s), or AMD® Opteron® or Athlon MP® processor(s), Motorola® lines of processors, FortiSOC™ system on a chip processors or other future processors. Processor 570 may include various modules associated with embodiments of the present invention.
[00058] Communication port 560 can be any of an RS-232 port for use with a modem based dialup connection, a 10/100 Ethernet port, a Gigabit or 10 Gigabit port using copper or fiber, a serial port, a parallel port, or other existing or future ports. Communication port 560 may be chosen depending on a network, such a Local Area Network (LAN), Wide Area Network (WAN), or any network to which computer system connects.
[00059] Memory 530 can be Random Access Memory (RAM), or any other dynamic storage device commonly known in the art. Read only memory 540 can be any static storage device(s) e.g., but not limited to, a Programmable Read Only Memory (PROM) chips for storing static information e.g., start-up or BIOS instructions for processor 570.
[00060] Mass storage 550 may be any current or future mass storage solution, which can be used to store information and/or instructions. Exemplary mass storage solutions include, but are not limited to, Parallel Advanced Technology Attachment (PATA) or Serial Advanced Technology Attachment (SATA) hard disk drives or solid-state drives (internal or external, e.g., having Universal Serial Bus (USB) and/or Firewire interfaces), e.g. those available from Seagate (e.g., the Seagate Barracuda 7102 family) or Hitachi (e.g., the Hitachi Deskstar 7K1000), one or more optical discs, Redundant Array of Independent Disks (RAID) storage, e.g. an array of disks (e.g., SATA arrays), available from various vendors including Dot Hill Systems Corp., LaCie, Nexsan Technologies, Inc. and Enhance Technology, Inc.
[00061] Bus 520 communicatively couples processor(s) 570 with the other memory, storage and communication blocks. Bus 520 can be, e.g. a Peripheral Component Interconnect (PCI) / PCI Extended (PCI-X) bus, Small Computer System Interface (SCSI), USB or the like, for connecting expansion cards, drives and other subsystems as well as other buses, such a front side bus (FSB), which connects processor 570 to software system.
[00062] Optionally, operator and administrative interfaces, e.g. a display, keyboard, and a cursor control device, may also be coupled to bus 520 to support direct operator interaction with computer system. Other operator and administrative interfaces can be provided through network connections connected through communication port 560. External storage device 510 can be any kind of external hard-drives, floppy drives, IOMEGA® Zip Drives, Compact Disc - Read Only Memory (CD-ROM), Compact Disc - Re-Writable (CD- RW), Digital Video Disk - Read Only Memory (DVD-ROM). Components described above are meant only to exemplify various possibilities. In no way should the aforementioned exemplary computer system limit the scope of the present disclosure.
[00063] While the foregoing describes various embodiments of the invention, other and further embodiments of the invention may be devised without departing from the basic scope thereof. The scope of the invention is determined by the claims that follow. The invention is not limited to the described embodiments, versions or examples, which are included to enable a person having ordinary skill in the art to make and use the invention when combined with information and knowledge available to the person having ordinary skill in the art.
ADVANTAGES OF THE PRESENT DISCLOSURE
[00064] The present disclosure provides a system and method that facilitates providing legal digital documents to an entity.
[00065] The present disclosure provides a system and method that facilitates submission of legal digital documents at a central repository maintained by a concerned authority.
[00066] The present disclosure provides a system and method that facilitates maintaining a record of the digital documents issued to an entity and the documents submitted by the entity. [00067] The present disclosure provides a system and method that facilitates to issue the digital documents to the entity on identification and verification of unique identification details of the entity.

Claims

aim:
1. A method for generating a digital document, said method comprising: receiving, at a processor of a remote computing device, a first set of instructions from an entity, the first set of instructions being based on one or more attributes associated with the entity; generating, at the processor, the digital document based on the received first set of instructions, the generated digital document being issued to the entity; receiving, at the processor, the issued digital document from the entity, the issued digital document being executed by the entity; and in response to receiving the executed digital document, generating, at the processor, a signal to be executed by the entity.
2. The method as claimed in claim 1, wherein the execution of the generated signal is indicative receiving the generated digital document by the entity.
3. The method as claimed in claim 1, wherein the one or more attributes are any of a name, age, gender and unique identification information of the entity.
4. The method as claimed in claim 1, wherein the digital document is an authorized stamp paper.
5. The method as claimed in claim 1, wherein the digital document is executed by the entity in any of an online mode and an offline mode.
6. The method as claimed in claim 1, wherein the generation of the digital document comprises one of: providing a copy of the digital document via email to the entity, providing a copy of the digital document as a graphical representation via a webbased interface on a computing device associated with the entity and providing a printed hard-copy of the digital document.
7. The method as claimed in claim 1, wherein the execution of the digital document by the entity comprises inserting of an electronically captured representation of signature of the entity in the digital document and submitting the digital document at the remote computing device.
8. The method as claimed in claim 7, wherein the generated digital document is issued to the entity upon a successful authentication of the electronically captured representation of the signature of the entity in the digital document.
9. A system for generating a digital document, said system comprising: a processor operatively coupled to a memory, the memory storing a set of instructions being executed by the processor to: receive a first set of instructions from an entity, the first set of instructions being based on one or more attributes associated with the entity; generate the digital document based on the received first set of instructions, the generated digital document being issued to the entity; receive the issued digital document from the entity, the issued digital document being executed by the entity; and in response to receiving the executed digital document, generate a signal to be executed by the entity.
10. The system as claimed in claim 9, wherein the execution of the generated signal is indicative receiving the generated digital document by the entity.
PCT/IB2020/061063 2020-10-01 2020-11-24 Method and system for facilitating generation and submission of a digital document WO2022069930A1 (en)

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Citations (2)

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Publication number Priority date Publication date Assignee Title
US20170302455A1 (en) * 2016-04-15 2017-10-19 International Business Machines Corporation Construction of digital identity documents in a manner that allows the user to select which attributes are to be revealed
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US20170302455A1 (en) * 2016-04-15 2017-10-19 International Business Machines Corporation Construction of digital identity documents in a manner that allows the user to select which attributes are to be revealed
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