System and method for managing transferable records

Abstract

A system, method, and computer programmed product for generating and transferring electronic documents. The invention includes a document system coupled to a plurality of customer systems over a network. Electronic documents are uploaded and stored to the document system from the customer system. The uploaded electronic documents are designated as a single authoritative copy and as a transferable record. A salt value associated with each uploaded electronic document is generated and stored. A digest associated with each uploaded electronic document is generated and stored using the generated salt value. The digested documents are then transferable from a presently designated holder in due course to a new holder in due course.

1 . A method for generating and transferring electronic documents, comprising: 
 uploading and storing an electronic document to a document system from a customer system over a network;    designating the uploaded electronic document as a single authoritative copy and as a transferable record;    generating and storing a salt value that is associated with the uploaded electronic document;    generating and storing a digest of the uploaded electronic document using the generated salt value; and    identifying the holder in due course of the uploaded electronic document.