System and method for pseudo cash transactions
First Claim
1. A system for providing pseudo cash transactions, comprising:
- a pseudo cash dispenser for dispensing a pseudo cash preliminary data packet in exchange for a fixed monetary value;
a pseudo cash data packet converter for inserting a user key into the pseudo cash preliminary data packet through the use of a user insertion key to generate a pseudo cash unit;
a pseudo cash repository for maintaining a record of the pseudo cash unit and the fixed monetary value;
means for generating the record from the pseudo cash preliminary data packet, the fixed monetary value, the user key and the user insertion key in response to an exchange of the preliminary data packet to a first entity for the fixed monetary value; and
means for deactivation of the record and exchanging the fixed monetary value for receipt of the pseudo cash unit.
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0 Petitions
Accused Products
Abstract
Totally anonymous or effectively anonymous cash-like transactions are accomplished by using a pseudo cash data package converter for inserting a user key into a pseudo cash preliminary data packet through the use of a user insertion key to generate a pseudo cash unit with a fixed monetary value that can be used to purchase goods or services via the Internet. A pseudo cash repository facilitates the cash-like transactions and maintains a record of the pseudo cash units and their fixed monetary value. Depending upon the level of anonymity selected by a purchaser, the pseudo cash repository can either transmit pseudo cash preliminary data packets or pseudo cash units to a first entity. If the first entity loses an effectively anonymous pseudo cash preliminary data packet, it can be replaced by the pseudo cash repository without risk of loss.
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Citations
71 Claims
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1. A system for providing pseudo cash transactions, comprising:
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a pseudo cash dispenser for dispensing a pseudo cash preliminary data packet in exchange for a fixed monetary value; a pseudo cash data packet converter for inserting a user key into the pseudo cash preliminary data packet through the use of a user insertion key to generate a pseudo cash unit; a pseudo cash repository for maintaining a record of the pseudo cash unit and the fixed monetary value; means for generating the record from the pseudo cash preliminary data packet, the fixed monetary value, the user key and the user insertion key in response to an exchange of the preliminary data packet to a first entity for the fixed monetary value; and means for deactivation of the record and exchanging the fixed monetary value for receipt of the pseudo cash unit. - View Dependent Claims (2, 3, 4, 5, 6, 7, 8, 9)
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10. A system for providing pseudo cash transactions between a first entity and a second entity via the Internet, comprising:
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a pseudo cash dispenser for dispensing a pseudo cash preliminary data packet with a fixed monetary value to the first entity in a readable format; a pseudo cash data packet converter for inserting a user key of the first entity into the pseudo cash preliminary data packet through the use of a user insertion key of the first entity to generate a pseudo cash unit; a pseudo cash repository for maintaining a file associated with the pseudo cash unit and the fixed monetary value; means for generating the file; a first entity link to the Internet; a second entity link to the Internet; means for transferring the pseudo cash unit from the first entity link to the second entity link via the Internet; a communication link between the second entity and the pseudo cash repository; and means to deactivate the file and transfer the fixed monetary value from the pseudo cash repository to the second entity in response to transmission of the pseudo cash unit from the second entity to the pseudo cash repository via the communication link. - View Dependent Claims (11, 12, 13, 14)
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15. A method for providing pseudo cash transactions, comprising:
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generating a pseudo cash preliminary data packet; generating a pseudo cash unit from the pseudo cash preliminary data packet by inserting a user key of a first entity into the pseudo cash preliminary data packet in accordance with a user insertion key of the first entity; assigning a fixed monetary value to the pseudo cash unit; dispensing the pseudo cash preliminary data packet from a pseudo cash dispenser to the first entity in exchange for the fixed monetary value received from the first entity; regenerating the pseudo cash unit from the pseudo cash preliminary data packet by inserting the user key of the first entity into the pseudo cash preliminary data packet in accordance with the user insertion key of the first entity; and exchanging the pseudo cash unit for the fixed monetary value. - View Dependent Claims (16, 17, 18, 19, 20, 21)
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22. A method for providing pseudo cash transactions between a first entity and a second entity through use of a pseudo cash repository, comprising the steps of:
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generating a pseudo cash preliminary data packet in the pseudo cash repository; generating a pseudo cash unit in the pseudo cash repository from the pseudo cash preliminary data packet, a user key of the first entity and a user insertion key of the first entity by inserting the user key of the first entity into the pseudo cash preliminary data packet in accordance with an algorithm that uses the user insertion key of the first entity; assigning a fixed monetary value to the pseudo cash unit by the pseudo cash repository; generating a record of the pseudo cash unit and the fixed monetary value in the pseudo cash repository which is activated by transferring the fixed monetary value from the first entity to the pseudo cash repository and which remains active until it is deactivated by the pseudo cash repository; dispensing the pseudo cash preliminary data packet from a pseudo cash dispenser to the first entity; generating the pseudo cash unit from a pseudo cash data packet converter by inserting the user key of the first entity into the pseudo cash preliminary data packet in accordance with the algorithm that uses the user insertion key of the first entity; transmitting the pseudo cash unit from the second entity to the pseudo cash repository; verifying that the pseudo cash unit matches the record of the pseudo cash unit which is still active; deactivating the record of the pseudo cash unit; and transferring the fixed monetary value from the pseudo cash repository to the second entity. - View Dependent Claims (23, 24, 25, 26, 27, 28, 29, 30, 31, 32, 33, 34, 35, 36, 37, 38)
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39. A method for providing pseudo cash transactions, comprising:
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generating a pseudo cash preliminary data packet; generating a pseudo cash unit from the pseudo cash preliminary data packet by inserting a user key of a first entity into the pseudo cash preliminary data packet in accordance with a user insertion key of the first entity; assigning a fixed monetary value to the pseudo cash unit; dispensing the pseudo cash preliminary data packet from a pseudo cash dispenser to the first entity in exchange for the fixed monetary value received from the first entity; regenerating the pseudo cash unit from the pseudo cash preliminary data packet by inserting the user key of the first entity into the pseudo cash preliminary data packet in accordance with the user insertion key of the first entity; and exchanging the pseudo cash unit for the fixed monetary value; wherein the pseudo cash preliminary data packet is dispensed to the first entity more than once. - View Dependent Claims (40, 41, 42, 43, 44, 45)
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46. A method for providing pseudo cash transactions between a first entity and a second entity through use of a pseudo cash repository, comprising the steps of:
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generating a pseudo cash preliminary data packet in the pseudo cash repository; generating a pseudo cash unit in the pseudo cash repository from the pseudo cash preliminary data packet, a user key of the first entity and a user insertion key of the first entity by inserting the user key of the first entity into the pseudo cash preliminary data packet in accordance with an algorithm that uses the user insertion key of the first entity; assigning a fixed monetary value to the pseudo cash unit by the pseudo cash repository; generating a record of the pseudo cash unit, the fixed monetary value and means for identifying the first entity in the pseudo cash repository which is activated by transferring the fixed monetary value from the first entity to the pseudo cash repository and which remains active until it is deactivated by the pseudo cash repository; dispensing the pseudo cash preliminary data packet from a pseudo cash dispenser to the first entity; dispensing the pseudo cash preliminary data packet from the pseudo cash repository to the first entity more than once; generating the pseudo cash unit from a pseudo cash data packet converter by inserting the user key of the first entity into the pseudo cash preliminary data packet in accordance with the algorithm that uses the user insertion key of the first entity; transmitting the pseudo cash unit from the second entity to the pseudo cash repository; verifying that the pseudo cash unit matches the record of the pseudo cash unit which is still active; deactivating the record of the pseudo cash unit; and transferring the fixed monetary value from the pseudo cash repository to the second entity. - View Dependent Claims (47, 48, 49, 50, 51, 52, 53, 54, 55, 56, 57, 58, 59, 60, 61, 62, 63, 64, 65, 66, 67)
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68. A system for providing pseudo cash transactions, comprising:
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a pseudo cash dispenser for dispensing a pseudo cash preliminary data packet in exchange for a fixed monetary value; a pseudo cash data packet converter for inserting a user key into the pseudo cash preliminary data packet through the use of a user insertion key to generate a pseudo cash unit; a pseudo cash repository for maintaining a record of the pseudo cash unit and the fixed monetary value; means for generating the record from the pseudo cash preliminary data packet, the fixed monetary value, the user key and the user insertion key in response to an exchange of the preliminary data packet to a first entity for the fixed monetary value; and means for deactivation of the record and exchanging the fixed monetary value for receipt of the pseudo cash unit; wherein the record contains information relating to the identity of the first entity.
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69. A system for providing pseudo cash transactions, comprising:
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a pseudo cash dispenser for dispensing a pseudo cash preliminary data packet in exchange for a fixed monetary value; a pseudo cash data packet converter for inserting a user key into the pseudo cash preliminary data packet through the use of a user insertion key to generate a pseudo cash unit; a pseudo cash repository for maintaining a record of the pseudo cash unit and the fixed monetary value; means for generating the record from the pseudo cash preliminary data packet, the fixed monetary value, the user key and the user insertion key in response to an exchange of the preliminary data packet to a first entity for the fixed monetary value; and means for deactivation of the record and exchanging the fixed monetary value for receipt of the pseudo cash unit; wherein the identity of the first entity can not be determined from the record.
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70. A method for providing pseudo cash transactions between a first entity and a second entity through use of a pseudo cash repository, comprising the steps of:
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generating a pseudo cash preliminary data packet in the pseudo cash repository; generating a pseudo cash unit in the pseudo cash repository from the pseudo cash preliminary data packet, a user key of the first entity and a user insertion key of the first entity by inserting the user key of the first entity into the pseudo cash preliminary data packet in accordance with an algorithm that uses the user insertion key of the first entity; assigning a fixed monetary value to the pseudo cash unit by the pseudo cash repository; generating a record of the pseudo cash unit and the fixed monetary value in the pseudo cash repository which is activated by transferring the fixed monetary value from the first entity to the pseudo cash repository and which remains active until it is deactivated by the pseudo cash repository; dispensing the pseudo cash preliminary data packet from a pseudo cash dispenser to the first entity; generating the pseudo cash unit from a pseudo cash data packet converter by inserting the user key of the first entity into the pseudo cash preliminary data packet in accordance with the algorithm that uses the user insertion key of the first entity; transmitting the pseudo cash unit from the second entity to the pseudo cash repository; verifying that the pseudo cash unit matches the record of the pseudo cash unit which is still active; deactivating the record of the pseudo cash unit; and transferring the fixed monetary value from the pseudo cash repository to the second entity wherein the pseudo cash unit is generated in the pseudo cash repository by the first entity; and wherein the record of the pseudo cash unit generated in the pseudo cash repository does not include means for identifying the first entity. - View Dependent Claims (71)
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Specification