Electronic vault for use in processing smart product transactions

US6474544B2 · kind B2 · utility

Assignee

• Sun Microsystems Inc. · US

Inventors

• Rinaldo Salvatore Di Giorgio · Poway, US
• Theodore C. Goldstein · Palo Alto, US
• Diana Neiman · Los Altos, US
• Michael S. Bender · Erfurt, DE

Key dates

• Filing date: Mar 23, 1998
• Grant date: Nov 5, 2002
• Expiry date: Jun 23, 2018

Classification

• Technology area (CPC G): Physics
• CPC primary: G06Q30/06
• WIPO field: IT methods for management
• WIPO sector: Electrical engineering

Abstract

An electronic vault includes an array of smart products for use in processing associated transactions. Because smart product transactions usually require that a value of currency always be stored on a particular smart product, the vault provides a collection of smart products storing digital currency values for use in processing a high volume of associated transactions.