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Authentication method, system and apparatus of an electronic value

  • US 20040039919A1
  • Filed: 08/25/2003
  • Published: 02/26/2004
  • Est. Priority Date: 08/26/2002
  • Status: Active Grant
First Claim
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1. An authentication method wherein:

  • a user owns an electronic value including encrypted value authentication information (F(VPW)) wherein said authentication information (VPW) corresponding to said electronic value specified by user is encoded by a first irreversible calculation process (F), in process for authenticating user as the right owner of said electronic value, authentication side generates a random number (R) and transmits it to user side, a user side generates value authentication information (F(VPW′

    )) from authentication information (VPW) corresponding to an electronic value input by user, further generates authentication information (G(R,F(VPW′

    ))) wherein said random number (R) and value authentication information (F(VPW′

    )) are concatenated and encoded by a second irreversible calculation process (G) and transmits said electronic value and authentication information (G(R,F(VPW′

    ))) to said authentication side, said authentication side decrypts code of received electronic value, extracts value authentication information (F(VPW)) from electronic value, generates authentication information (G(R,F(VPW))) wherein said random number (R) and value authentication information (F(VPW)) are concatenated and encoded by said second irreversible calculation process (G), collates said received authentication information (G(R,F(VPW′

    ))) with said generated authentication information (G(R,F(VPW))), verifies that they are identical, and authenticates user.

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