The patent badge is an abbreviated version of the USPTO patent document. The patent badge does contain a link to the full patent document.
The patent badge is an abbreviated version of the USPTO patent document. The patent badge covers the following: Patent number, Date patent was issued, Date patent was filed, Title of the patent, Applicant, Inventor, Assignee, Attorney firm, Primary examiner, Assistant examiner, CPCs, and Abstract. The patent badge does contain a link to the full patent document (in Adobe Acrobat format, aka pdf). To download or print any patent click here.
Patent No.:
Date of Patent:
Sep. 26, 1989
Filed:
Aug. 20, 1986
Andrzej Niepolomski, Baar, CH;
David Greenaway, Oberwil, CH;
LGZ Landis & Gyr Zug AG, Zug, CH;
Abstract
The present invention is a method and apparatus for validating a valuable document such as a debit card. The valuable document includes a plurality of value markings arranged to form a code word. Illustratively, the value markings may be optical elements capable diffracting incident optical radiation. Alternatively, the value marking may be electrical elements such as safety fuses, diodes or transistors, the presence or absence of the electrical element representing a logic '1' or logic '0' respectively. In accordance with the present invention, the code word is first read to determine if it is valid. If the code word is valid, one or more value markings are erased, in each of plurality of erasing steps, until, illustratively after the final erasing step all of the value markings are erased. After each erasing step, the erased and remaining unerased validations markings form a new code word. If the sequence of new code words corresponds to a predetermined sequence of code words a signal is produced. Illustratively, the signal corresponds to a cash value represented by the predetermined sequence of code words.