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1. (WO2018204970) MONETARY TRANSACTION METHOD AND SYSTEM

Pub. No.:    WO/2018/204970    International Application No.:    PCT/AU2018/050418
Publication Date: Fri Nov 16 00:59:59 CET 2018 International Filing Date: Tue May 08 01:59:59 CEST 2018
IPC: G06K 19/04
G06K 19/07
A44C 21/00
Applicants: MCGOLDRICK, Lachlan
Inventors: MCGOLDRICK, Lachlan
Title: MONETARY TRANSACTION METHOD AND SYSTEM
Abstract:
A system is disclosed, consisting of hardware and software elements, which are configured to interact in a manner that provides technological infrastructure for supporting the conducting of monetary transactions. The monetary transactions (or at least a subset thereof) are conducted using physical monetary tokens, which have some inherent value. A publicly accessible database is maintained (and controlled using specially adapted computing infrastructure) to contain various information relating to the tokens, making it possible to verify the authenticity of any individual token.