Patent · US Active

Method for secure, closed-loop money transfer via electronic mail

US8024266B1 · kind B1 · utility

51Cited by
5References
8Claims
0Family size

Assignee

Inventor

Key dates

Filing dateDec 19, 2000
Grant dateSep 20, 2011
Priority date
Expiry dateJul 24, 2028

Classification

  • Technology area (CPC G)Physics
  • CPC primaryG06Q40/04
  • WIPO fieldIT methods for management
  • WIPO sectorElectrical engineering

Abstract

A method of providing for a money transfer over a network by providing a stamp having a face value and a lifespan both indicated on the stamp, the stamp being a string that is a concatenation of two or more fields including the face value and the lifespan, with at least one of the fields calculated according to a prescription involving a hashing or encryption of a concatenation of others of the fields or of some other field not part of the stamp; affixing the stamp to an e-mail; and allowing the recipient of the e-mail to obtain value for the stamp if the stamp is presented to a predetermined entity (such as a stamp issuer) for the stamp value within the lifespan indicated on the stamp.

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