Claims
- 1. A method for electronically transferring units of exchange between a first module and a second module, comprising the steps of:
- a. initiating communication between said first module and an electronic device;
- b. passing a first value datum from said first module to said electronic device;
- c. passing said first value datum from said electronic device to said second module;
- d. performing a mathematical calculation on said first value datum thereby creating a second value datum;
- e. passing said second value datum from said second module to said electronic device;
- f. passing said second value datum from said electronic device to said first module;
- g. storing said second value datum in said first module; and
- h. discontinuing communication between said first module and said electronic device.
- 2. The method of claim 1, wherein said first value datum represents a monetary equivalent.
- 3. The method of claim 1, wherein said first value datum is encrypted.
- 4. The method of claim 1, wherein said second value datum is encrypted.
- 5. The method of claim 3, wherein the step of performing a mathematical calculation comprises the steps of:
- m. decrypting said first value datum with a public key thereby creating a decrypted value;
- n. performing at least one of an addition function and a subtraction function on said decrypted value thereby creating a value result; and
- o. encrypting said value result with a private key thereby creating said second value datum.
- 6. The method of claim 1, wherein the step (b) of passing is performed over at least a single conductive contact.
Parent Case Info
This application is a Divisional of application Ser. No. 08/594,975 filed on Jan. 31, 1996.
US Referenced Citations (7)
Divisions (1)
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Number |
Date |
Country |
Parent |
594975 |
Jan 1996 |
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