Electronic transfer system and method

Details Electronic transfer system and method Electronic transfer system and method

1995-12-14

1999-02-09

Cain, David C.

Cryptography

Key management

Having particular key generator

380 25, 380 29, H04K 100

Patent

active

058704736

ABSTRACT:
A system and method relating to secure communications in a communication network is disclosed. The invention uses sessions having limited duration to enable parties to communicate securely in the communication network. The session of one party is independent from the session of another party. The sessions are linked at a server which confirms that the sessions are valid.
In a preferred embodiment, the secure communications occur in an electronic transfer system. In the electronic transfer system, a customer and a merchant can conduct a transaction wherein the customer can purchase a product from the merchant and pay for the product using electronic funds.

REFERENCES:
patent: 3956615 (1976-05-01), Anderson et al.
patent: 4529870 (1985-07-01), Chaum
patent: 4799156 (1989-01-01), Shavit et al.
patent: 4906828 (1990-03-01), Halpern
patent: 5224164 (1993-06-01), Elsner
patent: 5235642 (1993-08-01), Wobber et al.
patent: 5349642 (1994-09-01), Kingdon
patent: 5369705 (1994-11-01), Bird et al.
patent: 5410602 (1995-04-01), Finkelstein et al.
patent: 5420926 (1995-05-01), Low et al.
patent: 5428745 (1995-06-01), de Bruijn et al.
patent: 5434918 (1995-07-01), Kung et al.
patent: 5453601 (1995-09-01), Rosen
patent: 5455407 (1995-10-01), Rosen
patent: 5465206 (1995-11-01), Hilt et al.
patent: 5535276 (1996-07-01), Ganesan
patent: 5555309 (1996-09-01), Kruys
patent: 5574785 (1996-11-01), Ueno et al.
patent: 5602918 (1997-02-01), Chen et al.
patent: 5604801 (1997-02-01), Dolan et al.
patent: 5627892 (1997-05-01), Kauffman
Woo, T., et al., "Authentication for Distributed Systems", In: Computer, Jan. 1992, pp. 39-52.
Akl, S. G., "Digital Signatures: A Tutorial Survey", In: Computer, Feb. 1983, pp. 15-24.
Cox, B., et al., "NetBill Security and Transaction Protocol", http://www.ini.cmu.edu/NETBILL/publications/Usenix.html, date unknown.
Dyson, P.E., "Toward Electronic Money: Some Internet Experiments", The Seybold Group On Desktop Publishing, vol. 9, No. 10, Jun. 10, 1995, pp. 3-11.
"Exploring the World of Cyberpayments: An Introductory Survey", Colloquium Sponsored by Financial Crimes Enforcement Network, U.S. Department of the Treasury, Sep. 27, 1995.
Glassman, S., et al., "The Millicent Protocol for Inexpensive Electronic Commerce", http://www.research.digital.com/SRC/personal/Mark.sub.-- Manasse/common/millicent/ millicent.html#SECTION310, date unknown, pp. 3, 5.
Hallam-Baker, P.M., "Micro Payment Transfer Protocol (MPTP)", Version 0.1, http://www.w3.org/pub/WWW/TR/WD-mptp-95-11-22, Nov. 22, 1995.
Linehan, M., "Internet Keyed Payments Protocol (IKP)", http://www.zurich.ibm.com:80/Technology/Security/extern/ecommerce/spec, Jul. 1995, pp. 3, 7.
Marion, L., "Who's Guarding the Till at the Cybermall?", DATAMATION, Feb. 15, 1995, pp. 38-41.
Mao, W., "Financial Transaction Models in the Electronic World", http://www.zurich.ibm.com:80/Technology/Security/extern/ecommerce/spec, Jun. 29, 1995.
"Secure Electronic Payment Protocol (SEPP)", Draft Version 1.2, http://www.mastercard.com/Sepp/sepptoc.html, Nov. 3, 1995, Part 1, Sections 1, 2, 5.
"NetCheque: Papers and Documentation Describing NetCash(SM)and NetCheque(SM)", http:/
ii.isi.edu/info
etcheque/documentation.html,date unknown.
Neuman, B.C., et al., "Kerberos: An Authentication Service for Computer Networks", IEEE Communications, vol. 32, No. 9, Sep. 94, pp. 33-38.
Sirbu, M., et al., "Netbill: An Internet Commerce System Optimized for Network-Delivered Services", IEEE Personal Communications, Aug. 1995, pp. 34-39.
VISA International Service Association and Microsoft Corporation, "Secure Transaction Technology Version 1.0", http://www.visa.com/visa-stt/, Sep. 26, 1995, Sections 1.1, 1.2, 3 and 4.

Affiliated with

Also associated with

Rating

Electronic transfer system and method does not yet have a rating. At this time, there are no reviews or comments for this patent.

If you have personal experience with Electronic transfer system and method, we encourage you to share that experience with our LandOfFree.com community. Your opinion is very important and Electronic transfer system and method will most certainly appreciate the feedback.

Rate now

Comments { 0 }

Profile ID: LFUS-PAI-O-1956835