Electronic cash system

Data processing: financial – business practice – management – or co – Business processing using cryptography – Secure transaction

Reexamination Certificate

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Details

C713S168000

Reexamination Certificate

active

07155418

ABSTRACT:
Detection of frauds and circulation of money can be managed while no special apparatus is required, electronic cash can be securely utilized, and personal information and information on individual's purchase are not unnecessarily known. An account management unit45stores an amount of money utilized by a user based on information for identifying the user and previously deposited funds. A clearing unit55instructs a payment institution to make a settlement. The user management unit35manages the information for identifying the user, and an account number of the user in the payment institution encrypted with a public key of a settlement processing apparatus. A communication unit37instructs an account management apparatus to change the balance of the previously deposited funds of the user stored therein based on the information for identifying the user, and instructs the settlement apparatus to execute a settlement based on the account number in the payment institution.

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McAndrews, “Making Payments on the Internet”, Business Review (Federal Reserve Bank of Philadelphia), pp. 3-14, Jan./Feb. 1997, ISSN: 0007-7011.
The Future of Internet EC, Dec. 1997, Internal Auditor v54n6, pp. 32-33.

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