Electronic cash implementing method using a trustee
US5901229A · kind A · utility
Assignee
Inventors
Key dates
| Filing date | Nov 4, 1996 |
| Grant date | May 4, 1999 |
| Priority date | — |
| Expiry date | Nov 4, 2016 |
Classification
- Technology area (CPC H)Electricity
- CPC primaryH04L2209/56
- WIPO fieldIT methods for management
- WIPO sectorElectrical engineering
Abstract
In an electronic cash implementing method using a trustee, a user registers his identification information ID.sub.U and anonymous public key N with the trustee and receives a license (B,I). The user processes the license (B,I) by a public key corresponding to the amount to be issued and sends the processed information to a bank to have it attach a blind signature to the information so that the user obtain electronic cash C from the blind signature. The user transmits to a shop the information B,I,C,N and a digital signature that assures the divisional use of the electronic cash. The shop verifies the validity of the information B and C and accepts it as cash and sends a history H of communication with the user to the bank and receives a payment therefrom. The bank places all received communication histories under its supervision and makes a check to see if the amount x spent by the electronic cash C is in excess of its face value X, and if so, informs the trustee of the information N contained in the communication history. The trustee uses the information ID.sub.U thus received to specify the corresponding user identification information ID.sub.U.
Source: USPTO / EPO open patent data. Objective bibliographic and citation counts.