Method, apparatus, and system for transferring units of value

Details Method, apparatus, and system for transferring units of value Method, apparatus, and system for transferring units of value

1996-01-31

1998-09-08

Tarcza, Thomas H.

Cryptography

Particular algorithmic function encoding

Nbs/des algorithm

H04L 900

Patent

active

058057021

ABSTRACT:
The present invention relates to an electronic module used for secure transactions. More specifically, the electronic module is capable of passing encrypted information back and forth between a service provider's equipment via a secure, encrypted technique so that money and other valuable data can be securely passed electronically. The module is capable of being programmed, keeping track of real time, recording transactions for later review, and creating encryption key pairs.

REFERENCES:
patent: 4630201 (1986-12-01), White
patent: 5077792 (1991-12-01), Herring
patent: 5577121 (1996-11-01), Davis et al.

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