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.

Date of Patent:
Apr. 21, 1998

Filed:

May. 20, 1996
Applicant:
Inventors:

Isaac Labaton, Haifa, IL;

Michael Kevin Kelly, Phoenix, AZ (US);

Assignee:
Attorney:
Primary Examiner:
Int. Cl.
CPC ...
H04L / ;
U.S. Cl.
CPC ...
380 24 ; 380 25 ;
Abstract

An encryption system for transmitting confidential data from a transmitting device comprising: a processor fore effecting a dynamic algorithm which is a function of time, e.g., Greenwich Mean Time; means for entering confidential data into the transmitting device; means for encrypting at least a portion of said confidential data in accordance with said algorithm; means for transmitting the resulting encrypted data; means for decrypting the received data, including circuitry which embodies the inverse of said dynamic function; means for extracting said confidential data from the encrypted data in accordance with said inverse dynamic algorithm. The system is intended to be used for electronic funds transfers: e.g., for credit card transactions.


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