IP Library Granted Patent US 8,490,872
Granted Patent B2
US 8,490,872 · App. 13/160,664 · Granted Jul 23, 2013

Light-powered smart card for on-line transaction processing

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Quick Facts
Patent No.
US 8,490,872
App. No.
13/160,664
Granted
Jul 23, 2013
Kind
B2
Abstract

In general, embodiments of the present invention relate to a light-powered smart card and associated methods for automated information (static and dynamic) exchange pursuant to a commercial transaction. In a typical embodiment, the card (e.g., a credit card, a debit card and/or a smart card) comprises (among other things) an energy component for providing power to the card. Upon powering up via a light source, including light from the interfacing terminal's backlight, a terminal (e.g., a point of sale terminal) will scan/read card information shared between the card and the card company (e.g., upon swiping or placing of the card), and generate a corresponding source validation code (SVC). An optional imager/image array positioned on the back of the card will scan/read the SVC, and card validation code (CVC) logic on the card will generate a CVC based on the SVC (e.g., based on a validation result of the SVC).

Claims (48)

1. A method for automated card information exchange pursuant to a commercial transaction, comprising:

activating a card used to complete the commercial transaction using a light source;

transmitting card information associated with the card to a terminal associated with the commercial transaction;

receiving a source verification code (SVC) via an imager positioned on the card, the SVC being generated based on the card information;

generating a card validation code (CVC) on the card using the SVC;

generating a user validation code (UVC) pertaining to a validation of a user, the UVC code being generated based on a biometric reading taken via a biometric reader positioned on the card;

communicating the SVC, the CVC, and the UVC to a transaction validator via a website; and

validating the commercial transaction based on the SVC, the CVC, and the UVC.

2. The method of claim 1 , the activating comprising:

aligning the card with the terminal pursuant to the commercial transaction; and

activating power on the card in response to the aligning, prior to the displaying.

3. The method of claim 1 , further comprising receiving the SVC, the CVC and the UVC via a website.

4. The method of claim 1 , the SVC being generated based upon historical transactional data associated with the card.

5. The method of claim 1 , the card being at least one of the following: a credit card, a debit card, or a smart card.

6. The method of claim 1 , the validating occurring on the card.

7. The method of claim 1 , the validating occurring on a server associated with the terminal.

8. A card for automated card information exchange pursuant to a commercial transaction, comprising:

an energy component for providing power to the card;

an imager for receiving a source verification code (SVC) from a terminal associated with the commercial transaction, the SVC being generated based on the card information;

card validation code (CVC) logic for generating a CVC based on SVC;

a biometric reader for taking a biometric reading from a user of the card; and

user validation code (UVC) logic for generating a UVC based on the biometric reading.

9. The card of claim 8 , further comprising validation logic for generating a validation result based on the SVC, the CVC, and the UVC.

10. The card of claim 9 , the CVC logic, the UVC logic, and the validation logic being enabled by an integrated circuit.

11. The card of claim 8 , the energy component comprising a solar panel cell.

12. The card of claim 8 , the energy component comprising a photon-to-electric energy converter.

13. The card of claim 8 , the SVC being generated based upon historical transactional data associated with the card and the card information displayed via the first display.

14. The card of claim 8 , the card being at least one of the following: a credit card, a debit card, or a smart card.

15. A card for automated card information exchange pursuant to a commercial transaction, comprising:

an energy component for providing power to the card;

an imager for receiving a source verification code (SVC) from a terminal associated with the commercial transaction, the SVC being generated based on card information;

card validation code (CVC) logic for generating a CVC based on SVC;

a biometric reader for taking a biometric reading from a user of the card;

user validation code (UVC) logic for generating a UVC based on the biometric reading; and

validation logic for generating a validation result based on the SVC, the CVC, and the UVC.

16. The card of claim 15 , CVC logic, the UVC logic, and the validation logic being enabled by an integrated circuit.

17. The card of claim 15 , the energy component comprising at least one of a solar panel cell, or a photon-to-electric energy converter.

18. The card of claim 15 , the card being at least one of the following: a credit card, a debit card, or a smart card.

19. A method for automated card information exchange pursuant to a commercial transaction, comprising:

activating a card used to complete the commercial transaction using a light source;

transmitting card information associated with the card to a terminal associated with the commercial transaction;

receiving a source verification code (SVC) via an imager positioned on the card, the SVC being generated based on the card information;

generating a card validation code (CVC) on the card using the SVC; and

communicating the VC and the SVS via a website to a transaction validator; and

validating the commercial transaction based on the SVC and the CVC via the transaction validator.

20. The method of claim 1 , further comprising:

generating a user validation code (UVC) pertaining to a validation of a user, the UVC code being generated based on a biometric reading taken via a biometric reader positioned on the card;

the communicating further comprising communicating the UVC via the website, and the validating being further based on the UVC.

Assignments (1)
ASSIGNMENT OF ASSIGNOR'S INTEREST Recorded Dec 3, 2024
From: KIM, MOON
To: SNKP CORPORATION
Reel/Frame 069472/0465 →