Using smartcards to enable probabilistic transactions on an...

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

Reexamination Certificate

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Details

C713S162000, C713S152000, C713S171000, C380S228000, C380S272000, C380S239000

Reexamination Certificate

active

06850909

ABSTRACT:
The present invention permits a user to conduct remote transactions without a network while using an untrusted computing device, such as a hand-held personal digital assistant or a laptop computer. The computing device is augmented with a smartcard reader, and the user obtains a smartcard and connects it to the device. This design can be used by an untrusted user to perform financial transactions, such as placing bets on the outcome of a probabilistic computation. Protocols are presented for adding (purchasing) or removing (selling) value on the smartcard, again without requiring a network connection. Using the instant protocols, neither the user nor the entity issuing the smartcards can benefit from cheating.

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IBM Technical Disclosure Bulletin, Jan. 1998, US Flexible Interface for Adding/Changing Imbedded CryptoGraphics support.

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