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:
May. 05, 1998
Filed:
Aug. 23, 1996
Joseph L Gargiulo, Trumbull, CT (US);
Walter J Baker, Stratford, CT (US);
Richard W Heiden, Shelton, CT (US);
Pitney Bowes Inc., Stamford, CT (US);
Abstract
A value dispensing system comprising a portable data carrier and a terminal. The portable data carrier including a memory having stored therein accounting information indicative of an amount of value available for dispensing. The terminal including a memory and means for dispensing value and adapted to receive the portable data carrier and process a transaction which dispenses a given value in response to a digital token generated by the portable data carrier using a first cryptographic key. For the value dispensed, the postage evidencing system creates a transaction record having a secret portion which is indicative of the amount of value available for dispensing on the portable data carrier wherein the secret portion of the transaction record is encrypted using a second cryptographic key derived from the first cryptographic key, and the transaction record is stored in the terminal memory.