Issuing machine and issuing system

• US 20100244429A1
• Filed: 06/07/2010
• Published: 09/30/2010
• Est. Priority Date: 09/03/2001
• Status: Active Grant

• Current Assignee: Michihiro Sato
• Original Assignee: Michihiro Sato
• Inventors: Sato, Michihiro, Shankar, A. Udaya
• Granted Patent: US 8,275,691 B2
• Time in Patent Office: Days
• US Class Current: 283/85
• CPC Class Codes: G06Q 40/04 Trading; Exchange, e.g. stocks, commodities, derivatives or currency exchange
• CPC Class Codes: G06Q 40/06 Asset management; Financial planning or analysis

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.

Claims

1. A system for issuing a hardcopy certificate of electronic securities, the system comprising:

a first computer implemented at a securities offering entity;

a second computer implemented at an investing entity and communicatively connected to the first computer via a network; and

a printer connected to the second computer, wherein the first and second computers are configured to communicate an electronic security to be issued from the securities offering entity from the first computer to the second computer via the network,

wherein the first computer includes;

a input unit for receiving electronic data on the electronic security,

a recording unit for applying a copy protection to the electronic data of the electronic security, the copy protection being configured to be applied to a hardcopy of the electronic security so that the issued electronic security can be printed only once, and for recording the electronic data of the issued electronic security, and

a transmitting unit for transmitting the electronic data of the electronic security from the recording unit to the second computer via the network;

wherein the second computer includes;

a receiving unit for receiving the electronic data of the electronic security transmitted from the first computer via the network;

a recording unit for recording the received electronic data of the electronic security,

an image forming unit for forming an image of the electronic data of the electronic security recorded by the recording unit, and

a transmitting unit for transmitting the image of the electronic data of the electronic security to the printer; and

wherein at least one of the second computer and the printer is configured to generate the hardcopy according to the image of the electronic data and the copy protection such that the hardcopy of the electronic security can be printed only once, the hardcopy being an original of a securities certificate of the electronic security as issued, whereby only one copy of the securities certificate is circulated through the market.

2. A system according to claim 1, further comprising:

a plurality of first computers implemented at securities offering entities; and

a plurality of second computers implemented at investing entities and communicatively connected to the plurality of first computers via the network.

3. A system according to claim 1, wherein

the recording unit of the first computer includes a hard drive for storing the electronic data of the electronic security that has the copy protection, and

the recording unit of the second computer includes a hard drive for storing the received electronic data of the electronic security that has the copy protection.

4. A system according to claim 1, wherein the first computer is configured to

generate electronic security certificate data that includes title data, face value data, dividend data, interest data, warranty data, and electronic signature of a securities issuer associated with the electronic security and

to transmit the electronic security certificate data with the electronic data of the electronic security to the second computer via the network.

5. A system according to claim 4, wherein the second computer is configured to

request transmission of the electronic security certificate data with the electronic data of the electronic security by the investing entity, and

receive and store the electronic security certificate data with the electronic data of the electronic security when transmitted by the first computer through the network.

6. A system according to claim 1, wherein the copy protection includes a cryptographic checksum that is printed in the hardcopy of the electronic security so that the issued electronic security with the cryptographic checksum is unique.

7. A system according to claim 1, wherein the copy protection includes a random pattern that is printed in the hardcopy of the electronic security.

8. A system according to claim 1, wherein at least one of the second computer and the printer is further configured to generate the hardcopy according to the image of the electronic data and the copy protection with a watermark or a hologram.

9. A system according to claim 1, wherein at least one of the second computer and the printer is further configured to generate the hardcopy according to the image of the electronic data and the copy protection on a heavy paper, a colored paper, a forensic fiber paper, or a paper embedded with metallic or UV sensitive threads.

10. A system according to claim 6, wherein the cryptographic checksum is formed on the hardcopy in a microprinting font.

11. A system according to claim 1, wherein the cryptographic checksum is generated by using a cryptographic algorithm and information other than the cryptographic checksum to be printed on the hardcopy.

22. A system according to claim 1, wherein the first computer is further configured to encrypt the electronic data of the electronic security according to a first encryption key stored in the first computer, and

the second computer is further configured to decrypt the electronic data of the electronic security according to a second encryption key stored in the second computer,

wherein at least one of the second computer and the printer is configured to generate the hardcopy according to the image of the electronic data and the copy protection as decrypted from the second encryption key of the second computer such that the hardcopy of the electronic security can be printed only once.

23. A system according to claim 22, wherein the first encryption key and the second encryption key are the same so as to control the printing only once of the hardcopy of the electronic security.

24. A system according to claim 22, wherein the first encryption key and the second encryption key are different so as to control the printing only once of the hardcopy of the electronic security and identify the second computer from which the hardcopy of the electronic security is printed.

12. A method for issuing a hardcopy certificate of electronic securities, the method being operated in a system that incorporates a first computer implemented at a securities offering entity, a second computer implemented at an investing entity, a network that communicatively connects the first computer to the second computer, and a printer connected to the second computer, wherein the first and second computers are configured to communicate an electronic security to be issued from the securities offering entity from the first computer to the second computer via the network, the method comprising the steps of

receiving electronic data on an electronic security to be issued at the first computer;

applying a copy protection to the electronic data of the electronic security, the copy protection being configured to be applied to a hardcopy of the electronic security so that the issued electronic security can be printed only once;

recording the electronic data of the electronic security with the copy protection with the first computer;

transmitting the electronic data of the electronic security from the first computer to the second computer via the network;

receiving the electronic data of the electronic security transmitted from the first computer via the network;

recording the received electronic data of the electronic security having the copy protection with the second computer;

generating an image of the electronic data of the electronic security recorded with the second computer; and

printing a hardcopy of the electronic security according to the image of the electronic data and the copy protection such that the hardcopy of the electronic security can be printed only once, the hardcopy being an original of a securities certificate of the electronic security as issued, whereby only one copy of the securities certificate is circulated through the market.

13. A method according to claim 12, further comprising the steps of:

inputting the electronic data of the electronic security into the first computer for recording therewith; and

offering the electronic security for sale via the first computer and the network, wherein the investing entity having the second computer accesses the electronic data of the electronic security offered for sale.

14. A method according to claim 12, further comprising the steps of:

generating at the first computer electronic security certificate data that includes title data, face value data, dividend data, interest data, warranty data, and electronic signature of a securities issuer associated with the electronic security; and

transmitting the electronic security certificate data with the electronic data of the electronic security from the first computer to the second computer via the network.

15. A method according to claim 14, further comprising the step of:

requesting transmission of the electronic security certificate data with the electronic data of the electronic security by the investing entity so as to receive the electronic security certificate data with the electronic data of the electronic security when transmitted by the first computer through the network.

16. A method according to claim 12, wherein the step of applying a copy protection to the electronic data of the electronic security includes generating a cryptographic checksum that is printed in the hardcopy of the electronic security so that the issued electronic security with the cryptographic checksum is unique.

17. A method according to claim 12, wherein the copy protection includes a random pattern that is printed in the hardcopy of the electronic security.

18. A method according to claim 12, wherein at least one of the second computer and the printer is further configured to generate the hardcopy according to the image of the electronic data and the copy protection with a watermark or a hologram.

19. A method according to claim 12, wherein at least one of the second computer and the printer is further configured to generate the hardcopy according to the image of the electronic data and the copy protection on a heavy paper, a colored paper, a forensic fiber paper, or a paper embedded with metallic or UV sensitive threads.

20. A method according to claim 16, wherein the cryptographic checksum is formed on the hardcopy in a microprinting font.

21. A method according to claim 12, wherein the cryptographic checksum is generated by using a cryptographic algorithm and information other than the cryptographic checksum to be printed on the hardcopy.