Skip to main content
U.S. Department of Energy
Office of Scientific and Technical Information

Systems and methods for performing wireless financial transactions

Patent ·
OSTI ID:1069110

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.

Research Organization:
Idaho National Laboratory (INL), Idaho Falls, ID (United States)
Sponsoring Organization:
USDOE
DOE Contract Number:
AC07-05ID14517
Assignee:
RFinity Corporation (Idaho Falls, ID)
Patent Number(s):
8,214,298
Application Number:
OSTI ID:
1069110
Country of Publication:
United States
Language:
English

References (3)

Agent system security conference January 2003
Keying Hash Functions for Message Authentication book January 1996
A Secure m-Payment Protocol for Mobile Devices conference May 2006

Similar Records

Processing module operating methods, processing modules, and communications systems
Patent · Tue Sep 09 00:00:00 EDT 2014 · OSTI ID:1156949

Secure PVM
Technical Report · Sun Sep 01 00:00:00 EDT 1996 · OSTI ID:406053

Authentication of quantum messages.
Conference · Sun Dec 31 23:00:00 EST 2000 · OSTI ID:975875

Related Subjects