Secure One-Time Password (OTP) Technology Patents for Sale by ICAP Patent Brokerage & Auctions

June 10, 2014

ICAP Patent Brokerage announces for sale patents disclosing an authentication token from Prism Technologies, LLC.

New York, NY (PRWEB) June 10, 2014

ICAP Patent Brokerage announces for sale patents disclosing an authentication token from Prism Technologies, LLC. This IP package is available via sealed bid with a bidding deadline of July 31, 2014. Bids for these lots will be accepted starting July 29 through July 31.

“This innovative portfolio would provide financial service providers, eCommerce providers, as well as online security vendors important and strategic technology for growth within the worldwide one-time password market,” says Dean Becker, CEO of ICAP Patent Brokerage.

Key Characteristics & Benefits

The disclosed patented inventions relate to the use of a one-time password in secure online communications and financial transactions. In the claimed inventions, an authentication token is used to secure an online transaction between an authentication server such as a bank or eCommerce company, and an authentication token interface device such as a mobile phone SIM card. This technology is essential to online security within financial and eCommerce organizations providing online services requiring effective user authentication.

The technology is based on IETF Standards and is applicable to OATH (Open Authentication) Standards.

The patents in this portfolio have been cited by industry leaders such as Netflix, Direct TV, and Honeywell.

See the technical description of the authentication token IP sales offerings.

To learn more about the intellectual property available for sale in these portfolios or to place a bid:

Contact Fitz Maloney of ICAP Patent Brokerage at (201) 209-7923 or via email at fitz(at)icapip(dot)com.

If you have a patent for sale, visit our website to make a patent submission for an upcoming sealed bid event.

Follow us on Twitter (@ICAP_IP) and join our LinkedIn group.

About ICAP Patent Brokerage

ICAP Patent Brokerage is the world's largest intellectual property brokerage and patent auction firm, leveraging the talents of experienced patent brokers to match buyers and sellers for the sale of patents and other intellectual property assets. With multiple transaction platforms and unparalleled industry knowledge, including experience with trademarks, brands, intellectual property licensing, and UCC sales, ICAP Patent Brokerage is the global leader in the transaction of intellectual property.

For the original version on PRWeb visit: http://www.prweb.com/releases/2014/06/prweb11927067.htm

Source: prweb

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