Electronic vault for use in processing smart product transactions
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United States of America Patent
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Nov 5, 2002
Grant Date -
May 9, 2002
app pub date -
Mar 23, 1998
filing date -
Mar 23, 1998
priority date (Note) -
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status (Latency Note)
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Abstract
An electronic vault includes an array of smart products for use in processing associated transactions. Because smart product transactions usually require that a value of currency always be stored on a particular smart product, the vault provides a collection of smart products storing digital currency values for use in processing a high volume of associated transactions.
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