Apparatus and anonymous payment system (ASAP) for the internet and other networks
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United States of America Patent
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N/A
Issued Date -
Jun 17, 2004
app pub date -
Dec 16, 2002
filing date -
Dec 16, 2002
priority date (Note) -
Abandoned
status (Latency Note)
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Abstract
The apparatus and anonymous payment system is designed to enable users of the Internet and other networks to exchange cash for electronic currency that may be used to conduct commercial transactions world-wide through public networks. This system, known by its initials as ASAP, is a practical way to purchase and sell via the Internet and other networks, without restrictions as to the amount, type of currency, supplier or product. It does not employ traditional media of exchange, banking processes, certifying entities, brokers or financial agents. It offers a high degree of security at low cost, with no prior agreements between users and suppliers.
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