Method and system for anonymous electronic transactions using a mobile device

US8175979B2 · kind B2 · utility

Assignee

• International Business Machines Corporation · US

Inventors

• Michael Baentsch · Thalwil, CH
• Thorsten Kramp · Adliswil, CH
• Michael Peter Kuyper-Hammond · Kaltbrunn, CH

Key dates

• Filing date: Apr 2, 2008
• Grant date: May 8, 2012
• Expiry date: Jun 1, 2030

Classification

• Technology area (CPC H): Electricity
• CPC primary: H04L2209/805
• WIPO field: IT methods for management
• WIPO sector: Electrical engineering

Abstract

A method for conducting transactions, includes: encoding concatenated transaction information at a cash point; sending the encoded concatenated transaction information from the cash point to a mobile device; receiving verification information from the mobile device formed in response to the encoded concatenated transaction information; confirming the received verification information; completing a transaction in the event of successfully confirming the received verification information.