Transfer of valuable information between a secure module and another module
DC CAFCFirst Claim
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1. A method for electronically transferring units of exchange between a first module and a second module, comprising the steps of:
- a. initiating communication between said first module and an electronic device;
b. passing a first value datum from said first module to said electronic device;
c. passing said first value datum from said electronic device to said second module;
d. performing a mathematical calculation on said first value datum thereby creating a second value datum;
e. passing said second value datum from said second module to said electronic device;
f. passing said second value datum from said electronic device to said first module;
g. storing said second value datum in said first module; and
h. discontinuing communication between said first module and said electronic device.
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Abstract
The present invention relates to system, apparatus and method for communicating valuable data from a portable module to another module via an electronic device. More specifically, the disclosed system, apparatus and method are useful for enabling a user to fill a portable module with a cash equivalent and to spend the cash equivalent at a variety of locations. The disclosed system incorporates an encryption/decryption method.
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Citations
6 Claims
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1. A method for electronically transferring units of exchange between a first module and a second module, comprising the steps of:
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a. initiating communication between said first module and an electronic device; b. passing a first value datum from said first module to said electronic device; c. passing said first value datum from said electronic device to said second module; d. performing a mathematical calculation on said first value datum thereby creating a second value datum; e. passing said second value datum from said second module to said electronic device; f. passing said second value datum from said electronic device to said first module; g. storing said second value datum in said first module; and h. discontinuing communication between said first module and said electronic device. - View Dependent Claims (2, 3, 4, 5, 6)
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Specification