Transaction system and method

Details Transaction system and method Transaction system and method

1998-02-11

2000-07-11

Le, Thien M.

Registers

Records

Conductive

235441, G06K 1906

Patent

active

060859830

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.

REFERENCES:
patent: 5666412 (1997-09-01), Handelman et al.
patent: 5760385 (1998-06-01), Curry et al.
patent: 5832090 (1998-11-01), Raspotnik
patent: 5859419 (1999-01-01), Wynn

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