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:
Dec. 17, 2002

Filed:

Oct. 05, 1999
Applicant:
Inventors:

William A. Aiello, Madison, NJ (US);

Aviel D. Rubin, West Caldwell, NJ (US);

Martin J. Strauss, Summit, NJ (US);

Assignee:

AT&T Corp., New York, NY (US);

Attorney:
Primary Examiner:
Assistant Examiner:
Int. Cl.
CPC ...
G06F 1/700 ;
U.S. Cl.
CPC ...
G06F 1/700 ;
Abstract

The present method permits a user to conduct remote transactions without a network while using an untrusted computing device, such as a hand-held personal digital assistant or a laptop computer. The computing device is augmented with a smartcard reader, and the user obtains a smartcard and connects it to the device. This design can be used by an untrusted user to perform financial transactions, such as placing bets on the outcome of a probabilistic computation. Protocols are presented for adding (purchasing) or removing (selling) value on the smartcard, again without requiring a network connection. Using the instant protocols, neither the user nor the entity issuing the smartcards can benefit from cheating.


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