Browse Prior Art Database

Micropayment Scheme

IP.com Disclosure Number: IPCOM000013249D
Original Publication Date: 2001-Apr-01
Included in the Prior Art Database: 2003-Jun-18

Publishing Venue

IBM

Abstract

This document describes a system for micropayments, using trusted devices, based on an existing, widely used, very successful system to address the same problem in a different context. In the music industry today, many albums are marketed around the world. Artists are paid not only for each album sold, but also receive a small amount of money for each time it is played on the radio. The SOCAN facts handbook (available online from http://www.socan.ca/en/socan_general/home-handbook.html) describes the system by which they receive this money, through licenses to the radio stations and a network of regional cooperating organizations.