Systems and methods for performing wireless financial transactions
Abstract
A secure computing module (SCM) is configured for connection with a host device. The SCM includes a processor for performing secure processing operations, a host interface for coupling the processor to the host device, and a memory connected to the processor wherein the processor logically isolates at least some of the memory from access by the host device. The SCM also includes a proximate-field wireless communicator connected to the processor to communicate with another SCM associated with another host device. The SCM generates a secure digital signature for a financial transaction package and communicates the package and the signature to the other SCM using the proximate-field wireless communicator. Financial transactions are performed from person to person using the secure digital signature of each person's SCM and possibly message encryption. The digital signatures and transaction details are communicated to appropriate financial organizations to authenticate the transaction parties and complete the transaction.
- Inventors:
-
- Rigby, ID
- Issue Date:
- Research Org.:
- Idaho National Laboratory (INL), Idaho Falls, ID (United States)
- Sponsoring Org.:
- USDOE
- OSTI Identifier:
- 1069110
- Patent Number(s):
- 8214298
- Application Number:
- Assignee:
- RFinity Corporation (Idaho Falls, ID)
- Patent Classifications (CPCs):
-
G - PHYSICS G06 - COMPUTING G06Q - DATA PROCESSING SYSTEMS OR METHODS, SPECIALLY ADAPTED FOR ADMINISTRATIVE, COMMERCIAL, FINANCIAL, MANAGERIAL, SUPERVISORY OR FORECASTING PURPOSES
H - ELECTRICITY H04 - ELECTRIC COMMUNICATION TECHNIQUE H04L - TRANSMISSION OF DIGITAL INFORMATION, e.g. TELEGRAPHIC COMMUNICATION
- DOE Contract Number:
- AC07-05ID14517
- Resource Type:
- Patent
- Country of Publication:
- United States
- Language:
- English
- Subject:
- 97 MATHEMATICS AND COMPUTING
Citation Formats
McCown, Steven Harvey. Systems and methods for performing wireless financial transactions. United States: N. p., 2012.
Web.
McCown, Steven Harvey. Systems and methods for performing wireless financial transactions. United States.
McCown, Steven Harvey. Tue .
"Systems and methods for performing wireless financial transactions". United States. https://www.osti.gov/servlets/purl/1069110.
@article{osti_1069110,
title = {Systems and methods for performing wireless financial transactions},
author = {McCown, Steven Harvey},
abstractNote = {A secure computing module (SCM) is configured for connection with a host device. The SCM includes a processor for performing secure processing operations, a host interface for coupling the processor to the host device, and a memory connected to the processor wherein the processor logically isolates at least some of the memory from access by the host device. The SCM also includes a proximate-field wireless communicator connected to the processor to communicate with another SCM associated with another host device. The SCM generates a secure digital signature for a financial transaction package and communicates the package and the signature to the other SCM using the proximate-field wireless communicator. Financial transactions are performed from person to person using the secure digital signature of each person's SCM and possibly message encryption. The digital signatures and transaction details are communicated to appropriate financial organizations to authenticate the transaction parties and complete the transaction.},
doi = {},
journal = {},
number = ,
volume = ,
place = {United States},
year = {Tue Jul 03 00:00:00 EDT 2012},
month = {Tue Jul 03 00:00:00 EDT 2012}
}
Works referenced in this record:
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- Bellare, Mihir; Canetti, Ran; Krawczyk, Hugo
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A Secure m-Payment Protocol for Mobile Devices
conference, May 2006
- Hashemi, Mahmoud; Soroush, Elahe
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