System and method for monitoring third party access to a restricted item

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United States of America Patent

PATENT NO 9595034
APP PUB NO 20150120567A1
SERIAL NO

14285567

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Abstract

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A system and method for monitoring third party access to a restricted item is provided. Key data is embedded in the restricted item, the key data being associated with a store of value and usable to conduct a transaction against the store of value. A record of the transaction becomes visible in a transaction ledger. The transaction ledger is monitored to determine whether a transaction against the store of value has occurred, and the restricted item is designated as accessed by a third party in the event that a transaction against the store of value has occurred.

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Patent Owner(s)

Patent OwnerAddress
CMT RESEARCH (PTY) LTD15 DE BEER STREET STELLENBOSCH 7600

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Inventor(s)

Inventor Name Address # of filed Patents Total Citations
Engelbrecht, Herman Arnold Somerset West, ZA 2 344
Lutz, Frederick Johannes Stellenbosch, ZA 1 221
Van, Rooyen Gert-Jan Somerset West, ZA 2 344

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