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Micro-dynamic simulation of electronic cash transactions

  • US 5,949,045 A
  • Filed: 07/03/1997
  • Issued: 09/07/1999
  • Est. Priority Date: 07/03/1997
  • Status: Expired due to Term
First Claim
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1. A method of modeling an electronic cash transaction system by computerized simulation comprising the steps of:

  • defining the simulation parameters;

    defining the characteristics of at least one creator agent of the electronic cash transaction system;

    defining the characteristics of smart card issuer agents of the electronic cash transaction system;

    defining the characteristics of merchant agents of the electronic cash transaction system;

    defining the characteristics of consumer agents of the electronic cash transaction system; and

    running a computer simulation in accordance with said parameters and said characteristics and thereby generating data indicative of electronic cash transactions conducted by said agents.

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