Adaptable secure funds source
Number of patents in Portfolio can not be more than 2000
United States of America Patent
Stats
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N/A
Issued Date -
Oct 11, 2001
app pub date -
Feb 16, 2001
filing date -
Feb 16, 2000
priority date (Note) -
Abandoned
status (Latency Note)
Importance
Abstract
An entity for securely storing a value indicative of funds available for use which comprises a first storage for storing the value; an externally readable identifier within the entity for providing a unique identification of the entity; a second storage in the entity for storing information assigning the entity to operate in an application; and communications for changing the information so as to assign the entity to a new application. A method for allocating use of such entity including a) relating the externally readable identifier to an application; b) configuring the entity to operate in the application; and reallocating the entity by repeating steps a) and b) for a different application. An adapter for use with the entity for communicating with an external system or for recharging the entity with funds from a location other than the one where it is used.
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