Search International and National Patent Collections

1. (WO2018222752) IMPROVED METHODS AND SYSTEMS FOR CREATING AND CONTROLLING USE OF TRANSACTION KEYS

Pub. No.:    WO/2018/222752    International Application No.:    PCT/US2018/035189
Publication Date: Fri Dec 07 00:59:59 CET 2018 International Filing Date: Thu May 31 01:59:59 CEST 2018
IPC: G07C 9/00
H04W 4/02
H04W 12/08
H04W 12/04
Applicants: JALILI, Reza
Inventors: JALILI, Reza
Title: IMPROVED METHODS AND SYSTEMS FOR CREATING AND CONTROLLING USE OF TRANSACTION KEYS
Abstract:
Creating and controlling a transaction key are provided. Initially, an authorization code is received at a server. This authorization code corresponds to a subsequent transaction that will be performed. Thereafter, a set of parameters are also received at the server. These parameters outline certain requirements that must be met by a requesting device in order to trigger or permit the execution of the transaction. In this manner, both the authorization code and the parameters act as safeguards in controlling which entities are permitted to participate in the transaction.