Issuing machine and issuing system
First Claim
1. A method executed by an issuing system to transact a newly-issued security or financing instrument, said issuing system including a server and a plurality of issuing machines connected to the server via a network, said method comprising:
- receiving by one of the issuing machines an identification (ID) recording medium provided by a potential purchaser;
retrieving by said one issuing machine identification recoded in the received ID recording medium;
receiving from the potential purchaser a request for a transaction of a security financing instrument;
processing by said one issuing machine the requested transaction of the security or financing instrument by retrieving information via a network from the server;
printing out by any one of the issuing machines as designated by the purchaser said hardcopy certificate of the security or financing instrument as purchased with a cryptographic checksum thereon;
scanning by one of the issuing machines a hardcopy document inserted by a holder; and
determining by said one issuing machine whether the scanned hardcopy document was issued as said hardcopy certificate of the security or financing instrument by another one of the issuing machines or an issuing machine linked with said one issuing machine according to at least a scanned cryptographic checksum.
1 Assignment
0 Petitions
Accused Products
Abstract
An issuing system for issuing unmodifiable and/or unforgeable hardcopy documents or securities includes a server and a plurality of issuing machines connected to the server via a network. Each of the issuing machines receives an ID recording medium provided by a potential purchaser, retrieves an identification recoded in the received ID recording medium, requests the potential purchaser to input request for a transaction of the security or fixed rate financing instrument, processes the requested transaction by retrieving information via a network from the server, and prints out on demand a hardcopy of the security or fixed rate financing instrument as purchased by the potential purchaser and a checksum thereon. A method for forming a new market with the issuing system.
13 Citations
2 Claims
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1. A method executed by an issuing system to transact a newly-issued security or financing instrument, said issuing system including a server and a plurality of issuing machines connected to the server via a network, said method comprising:
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receiving by one of the issuing machines an identification (ID) recording medium provided by a potential purchaser; retrieving by said one issuing machine identification recoded in the received ID recording medium; receiving from the potential purchaser a request for a transaction of a security financing instrument; processing by said one issuing machine the requested transaction of the security or financing instrument by retrieving information via a network from the server; printing out by any one of the issuing machines as designated by the purchaser said hardcopy certificate of the security or financing instrument as purchased with a cryptographic checksum thereon; scanning by one of the issuing machines a hardcopy document inserted by a holder; and determining by said one issuing machine whether the scanned hardcopy document was issued as said hardcopy certificate of the security or financing instrument by another one of the issuing machines or an issuing machine linked with said one issuing machine according to at least a scanned cryptographic checksum.
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2. A software program embedded in a computer readable medium and executable by an issuing machine to transact a hardcopy certificate of a newly-issued security or financing instrument via an issuing system including a server and a plurality of issuing machines connected to the server via a network, said program comprising:
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a module for receiving by one of the issuing machines an identification (ID) recording medium provided by a potential purchaser; a module for retrieving by said one issuing machine identification recoded in the received ID recording medium; a module for receiving from the potential purchaser a request for a transaction of a security or financing instrument; a module for processing by said one issuing machine the requested transaction of the security or financing instrument by retrieving information via a network from the server; a module for printing out by any one of the issuing machines as designated by the purchaser said hardcopy certificate of the security or financing instrument as purchased with a cryptographic checksum thereon; a module for scanning by said one issuing machine a hardcopy document inserted by a holder; and a module for determining by said one issuing machine whether the scanned hardcopy document was issued as said hardcopy certificate of the security or financing instrument by another one of the issuing machines or an issuing machine linked with said one issuing machine according to at least a scanned cryptographic checksum.
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Specification