US 2007/0168280 A1 · Digital currency

Abstract

This novel invention consists of a small, portable electronic device that is used to transfer monetary value in all situations where other forms of money are currently used, including but not limited to: paper money, credit cards, and checks. The electronic device, which is linked to a main server to which all businesses and banks are also connected, is a revolutionary way to make transactions more secure, more convenient, while also serving as a tracking device for the government.

Claims1

Dependent claims

A small, portable, electronic device, used to transfer funds between two users, that will replace various all forms of currency including but not limited to:

paper currency, credit cards and is connected to a law enforcement agency such as the government via the main server.

Dependencies are inferred from the claim text.

Facts

Application

11/332,087Filed 13 Jan 2006

Published

19 Jul 2007

Term ends

Not estimatedThe source records don’t support an estimate.

Classification7 codes

G07F 7/00
Mechanisms actuated by objects other than coins to free or to actuate
G06Q 20/06
Payment circuits: private payment circuits, e.g. involving electronic currency used among participants of a common payment scheme
G06Q 20/10
Payment architectures: specially adapted for electronic funds transfer [EFT] systems; specially adapted for home banking systems
G06Q 20/363
Using electronic wallets or electronic money safes: with the personal data of a user

Abstract

Claims1

Dependent claims

A small, portable, electronic device, used to transfer funds between two users, that will replace various all forms of currency including but not limited to:

paper currency, credit cards and is connected to a law enforcement agency such as the government via the main server.

Dependencies are inferred from the claim text.

Digital currency

Life of this patent

Abstract

Claims1

Digital currency

Life of this patent

Abstract

Claims1