Patent · US Expired

Transaction system and method

US5760385A · kind A · utility

12Cited by
4References
18Claims
0Family size

Assignee

Inventors

Key dates

Filing dateNov 27, 1996
Grant dateJun 2, 1998
Priority date
Expiry dateNov 27, 2016

Classification

  • Technology area (CPC G)Physics
  • CPC primaryG07F7/0866
  • WIPO fieldControl
  • WIPO sectorInstruments

Abstract

A secure monetary system comprises an electronic module and equipment to access the electronic module. The electronic module comprising a substantially token-shaped module and secure memory circuitry to store monetary information. The secure memory positioned in the substantially token-shaped module. The equipment accesses and manipulates the monetary information stored in the memory in the electronic module. The equipment comprises memory to store control and encryption programs and the memory is coupled to a microprocessor, which is also coupled to the electronic module and a control panel. The microprocessor is secure.

Source: USPTO / EPO open patent data. Objective bibliographic and citation counts.