Method for replacing traditional payment and identity management systems and components to provide additional security and a system implementing said method

• US 10,269,010 B2
• Filed: 08/31/2016
• Issued: 04/23/2019
• Est. Priority Date: 10/08/2012
• Status: Active Grant

• Current Assignee: Garmin International, Inc. (Garmin Limited)
• Original Assignee: Nxt-Id, Inc.
• Inventors: Tunnell, Charles David, Mitchell, Justin, Pereira, Gino, Zurasky, Jacob
• Primary Examiner(s): Wilder, A. Hunter
• Application Number:
  US15/252,468
• Publication Number:
  US 20170132613A1
• Time in Patent Office: 965 Days
• CPC Class Codes: G06F 21/6245 Protecting personal data, e.g. for financial or medical purposes
• CPC Class Codes: G06Q 20/321 using wearable devices
• CPC Class Codes: G06Q 20/3552 Downloading or loading of personalisation data
• CPC Class Codes: G06Q 20/357 Cards having a plurality of specified features
• CPC Class Codes: G06Q 20/363 with the personal data of a user
• CPC Class Codes: G06Q 20/3674 involving authentication

Abstract

An electronic wallet system that protects payment accounts, identification and other personal information found within a typical wallet with a secure electronic vault (first) device that can be part of a physical wallet, insert to a wallet, or in other embodiments, wearable/portable devices. A unique biometrically enabled multi-factor authentication process ensures only owners of the information can copy the information to the device or retrieve it thereafter. Authenticated users may then select payment, identification, medical or virtually any private information via touch display or voice command on the vault or on another (second) device that operates in conjunction with the vault. The second device comprises, for example, a programmable card with dynamic magnetic stripe, cell phone, or other wearable technology, that initiates and processes a payment and/or transfer of private information.

Claims

1. A method for storing a plurality of personal information items of a user and conducting a transaction for the user using a selected personal information item, the method comprising:

storing the plurality of personal information items on an electronic wallet comprising a power supply;

assigning an alias to the personal information, the alias not derived from nor based on the personal information;

supplying recharging power to an electronic card through physical contact between first contacts on the power supply and second contacts on the electronic card when the card is disposed within a pocket of the electronic wallet;

initiating the transaction with the electronic card, the electronic card controlled by a user pinching the electronic card by touching two regions of conductive material on opposing surfaces of a front and a back of the electronic card;

authenticating the user to the first device;

selecting the selected personal information item from among the plurality of personal information items using the alias from one of the electronic wallet or the electronic card, the alias further authenticating the user to one or both of the electronic wallet and the electronic card;

transferring the selected personal information item from the electronic wallet to the electronic card in a format to support a desired transaction method; and

conducting the transaction using the selected personal information item from the electronic card and according to the desired transaction method, wherein the electronic wallet and the electronic card remain in proximate relation to each other during the conducting of the transaction.

2. The method of claim 1, wherein after executing the step of authenticating the user, the user is able to load more personal information items to the electronic wallet or modify the plurality of personal information items on the electronic wallet.

3. The method of claim 1, wherein the selected personal information item on the electronic card is deleted or obliterated after the transaction is conducted, or after one use of the selected personal information item, or after a preconfigured number of uses of the selected personal information item, or after a predetermined time interval has elapsed from a more recent prior use of the electronic card.

4. The method of claim 1, wherein the step of selecting comprises the user selecting the personal information by touching the first device electronic wallet or the electronic card according to a predetermined touch pattern, or according to a predetermined touch region, or by speaking a predetermined voice command.

5. The method of claim 4, wherein the predetermined touch region comprises a display or a conductive material region.

6. The method of claim 1, wherein one or both of the electronic wallet and the electronic card comprises one or more of a low power e-paper, a liquid crystal display, and a color display.

7. The method of claim 1, wherein touch events on a touch region of at least one of the electronic wallet and the electronic card are interpreted via a comparator or a microprocessor to wake-up or control one or both of the first and second devices.

8. The method of claim 7, further comprising manually-activated input devices disposed outside of the touch region for controlling operation of one or both of the electronic wallet and the electronic card.

9. The method of claim 1, wherein one or both of the electronic wallet and the electronic card comprise one or more physical contacts on an external surface thereof, the method further comprising touching, by the user, one or more of the contacts to control operation of one or both of the electronic wallet and the electronic card.

10. The method of claim 1, wherein the step of authenticating further comprises determining a user'"'"'s biometrics, further comprising physical traits and behavior determined by a sensor disposed on one or both of the electronic wallet and the electronic card.

11. The method of claim 10, wherein the biometrics comprise one or more of gesture, finger, face, three-dimensional face, iris, eye, eye vein, eye tracking, DNA, vein, palm, heartbeat, sweat, vibrometry, and scent.

12. The method of claim 1, wherein the transaction involves one or more of financial information, medical information and identity information.

13. The method of claim 1, wherein the electronic wallet further comprises a microprocessor performing functions associated with the electronic wallet, the microprocessor capable of assuming any one of a plurality of sleep states and power states responsive to resources needed to perform functions associated with the electronic wallet, the electronic wallet further comprising a touch interface and one of the various sleep states comprises a deep sleep state during which the microprocessor scans the touch interface at a first rate, and responsive to sensing a touch event, the microprocessor scans the touch interface at a second rate greater than the first rate.

14. The method of claim 1, wherein the electronic card further comprises a wake-up circuit comprising an antenna receiving a radio frequency signal from a transmitting device to wake up one or more components on the electronic card.

15. The method of claim 1, wherein the step of selecting the selected personal information item comprises the user speaking the alias or typing the alias or making a behavior representing the alias.

16. The method of claim 15, wherein the alias comprises one or more words for selecting the selected personal information item and for authenticating the user.

17. The method of claim 1, wherein one or both of the electronic wallet and the electronic card comprise a display for presenting an alias associated with each of the plurality of personal information items stored on the electronic wallet and the electronic card, the user selecting one of the presented aliases for selecting the selected personal information item.

18. The method of claim 1, wherein the alias comprises at least one of a word, a biometric, a PIN, a password, a pattern, a behavior, a gesture, or a signature stored within a memory of the electronic wallet, the electronic wallet recognizing the alias and selecting the associated selected personal information item.

19. The method of claim 1, wherein authenticating the user to one or both of the electronic wallet and the electronic card comprises dynamically pairing the electronic wallet and the electronic card.

20. The method of claim 1, wherein authenticating the user to one or both of the electronic wallet and the electronic card requires the electronic wallet and the electronic card to be in a proximate relationship to each other.

21. The method of claim 1, further comprising specifying, by the user, a time duration for conducting the transaction.

22. The method of claim 1, wherein the step of authenticating uses one-time-use authentication keys.

23. The method of claim 1, further comprising encrypting the selected personal information item using one-time encryption keys.

24. The method of claim 1, further comprising setting limitations, by the user, on the transaction such that if any of the limitations are exceeded the transaction is not executed.

25. The method of claim 1, wherein the step of authenticating the user comprises storing a biometric identifier or a behavior-metric identifier remote from the electronic wallet and electronic card and using the biometric identifier or the behavior-metric identifier during the step of authenticating the user.

26. The method of claim 1, wherein

pinching the conductive material further performs one or more of turning the card on, turning the card off, waking up the card, and controlling operation of the card.