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1. (WO2017196289) THE METHOD FOR EXECUTING A DIGITAL VALUE TRANSFER TRANSACTION AND THE DIGITAL VALUE TRANSFER SYSTEM FOR ITS IMPLEMENTATION

Pub. No.:    WO/2017/196289    International Application No.:    PCT/UA2017/000068
Publication Date: Fri Nov 17 00:59:59 CET 2017 International Filing Date: Thu Jun 22 01:59:59 CEST 2017
IPC: G06Q 20/38
G06Q 20/40
G06Q 20/32
Applicants: TOVARYSTVO Z OBMEZHENOIU VIDPOVIDALNISTIU "SIMCORD"
Inventors: KUD, Aleksandr
Title: THE METHOD FOR EXECUTING A DIGITAL VALUE TRANSFER TRANSACTION AND THE DIGITAL VALUE TRANSFER SYSTEM FOR ITS IMPLEMENTATION
Abstract:
The method for executing a digital value transfer transaction foresees entering (230, 430) by the payer the primary and secondary authentication artifacts specified by him/her and additional transaction execution conditions in the system. The primary authentication artifacts are created using a physical object. To complete the transaction, the recipient should enter (320, 520) the primary and secondary authentication artifacts specified by the payer and fulfill additional transaction execution conditions specified by the payer. The system for the method's implementation contains the processing server (101), authentication template storage server (102), verification module of authentication artifacts (103), and the public distributed ledger of transaction data (104).