IP Library › Patent Application 17381504
Patent Application
App. No. 17/381,504

CRYPTOGRAPHIC PHYSICAL RANDOM OBJECT

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Quick Facts
Patent No.
US None
App. No.
17/381,504
Abstract

A value transfer system with physical tokens including indicia hiding means and indica substantially hidden by the hiding means and the hiding being substantially removable is improved by providing a plurality of regions with substantially removable hiding means, with the hiding means substantially hiding respective indicia. The indicia information is substantially unpredictable. As part of the system, a first party provides digitally to at least a second party first transaction information at least including a provenience signature ensemble, with the signature ensemble including at least indication of the regions with hiding removed.

Claims (60)

1 - 113 . (canceled)

114 . A value transfer system with physical tokens including indicia hiding means and indica substantially hidden by the hiding means and the hiding being substantially removable, the improvement comprising:

a plurality of regions with substantially removable hiding means;

the hiding means substantially hiding respective indicia;

the indicia information being substantially unpredictable;

a first party providing digitally to at least a second party first transaction information at least including a provenience signature ensemble; and

the signature ensemble including at least indication of the regions with hiding removed.

115 . In the system of claim 114 , including: the indicia hiding means being removed at least in view of the second party and the indicia being revealed to the second party.

116 . In the system of claim 115 , including: the indicia information being included in the signature ensemble issued by the first party to the second party.

117 . In the system of claim 116 , including: the indicia being verifiable as committed to by information included in the signature ensemble.

118 . In the system of claim 117 , including: public key information supplied by the second party to the first party being included in the signature ensemble.

119 . In the system of claim 118 , including: indication being included in the provenience signature provided from the first party to the second party that the second party is to transfer the remaining value online.

120 . In the system of claim 119 , including: a designated party receiving custody of the physical token being responsible for forked transactions.

121 . In the value transfer system of claim 120 , at least a portion of the indicia information being committed to in advance of issue of tokens as leaves in a Merkle tree.

122 . The system of claims 115 where the physical object is in the form substantially of a payment card.

123 . The system of claim 122 where the card includes a standard at least track one and track two magnetic stripe portion in compatible position.

124 . The system of claim 122 where the card includes at least a standard smart card chip in compatible position.

125 . The system of claim 122 where the card includes at least substantially standard card information indicia.

126 . The system of claim 115 where the physical object includes random optical structures with aspects that are included in at least one provenience signature ensemble.

127 . The system of claim 115 where the physical object includes separable physical structure for transfer of the separated portion by the first party to at least a second party.

128 . A value transfer system with physical tokens including indicia hiding means and indicia information hidden by the hiding means and the hiding being once-removable, the improvement comprising:

the hidden indicia being substantially unpredictable;

providing for the transfer of the separated portion by the first party to at least a second party;

providing for the removal of the hiding by the second party;

transaction processing means to receive the unpredictable indicia information from parties;

the transaction processing means verifying the unpredictable indicia information as not previously processed;

recording by the transaction processing means that the unpredictable indicia information has been processed; and

providing value at least responsive to the transaction processing means according to the respective party providing the unpredictable indicia.

129 . In the value transfer system of claim 128 , including: providing for the detaching act of at least one separable portion means, the detaching at least viewable by the second party;

130 . In the value transfer system of claim 128 , including: at least one series of hidden indicia having substantially the same face value.

131 . In the value transfer system of claim 130 , including: the least one series of codes having substantially a face value indicated by visible indicia included on the physical token.

132 . In the value transfer system of claim 131 , including: at least two series of codes, each code of a series having substantially a respective face value corresponding to the series.

133 . In the value transfer system of claim 131 , including: at least two series of codes, each code of a series having substantially a value corresponding to that series and that value indicated by visible indicia.

134 . In the value transfer system of claim 130 including separable portion means selected from the group with non-limiting examples including: frangible molding, perforated separation lines, adhesive holding, bending fatigue breakable, and steerable structures.

135 . In the value transfer system of claim 134 , at least a portion of the unpredictable indicia information being committed to in advance of issue of tokens as leaves in a Merkle tree.

136 . In the value transfer system of claim 135 , Merkle proofs being issued by the first party to the second party.

137 . The value transfer system of claim 130 , wherein: a first party providing digitally to at least a second party first transaction information at least including a provenience signature ensemble; and

the signature ensemble including at least indication of the regions where the hiding means has been removed in view of the third party.

138 . A method for issuing physical tokens by an issuer including the steps of:

creating physical random structures on physical tokens;

creating random indicia;

printing the indicia on the tokens with removable hiding;

authenticating the random structures and the indicia;

distributing the tokens to holders;

authenticate public keys for holders; and

recording and honoring random indicia returned with signatures corresponding to authenticated public keys.

139 . A method for a holder of physical tokens to make a corresponding transfer of value including the steps of:

authenticating holder public key;

letting second parties view revealed hidden indicia;

providing signature ensemble authenticating random structure and revealed indicia; and

maintaining data for future ensembles.

140 . A method for physical transfer of physical tokens to make a corresponding transfer of value including the steps of:

holder providing a portion of random indicia;

second party obtaining a portion of random indicia means;

second party removing, outside view of holder, hiding means to reveal random indicia;

second party redeeming random indicia;

issuer recording and honoring indicia issued and returned.

141 . In the method of claim 140 , second party providing random structure information along with indicia redeemed.

142 . In the method of claim 140 , issuer recording random structure information.

143 . In the method of claim 140 , issuer giving priority to a payment made with provenience signature over a payment made by random indicia alone.

Assignments (1)
ASSIGNMENT OF ASSIGNOR'S INTEREST Recorded Oct 18, 2021
From: CHAUM, DAVID
To: DIGITAL COMMUNITY LLC
Reel/Frame 057818/0573 →