Apparatus and method for conducting secure financial transactions

This system aims to make online payments secure by using a special security chip on your computer to protect your account information. When you make a purchase, your computer establishes a secure connection with a central server, which then verifies your identity and authorizes the transaction with the merchant. The claims narrow this to a system where even the central server includes such a security chip.

Why it matters: Filed before widespread adoption of TPMs in consumer devices and the maturity of cloud-based secure enclaves. Modern hardware and cloud infrastructure now make implementing the required trusted execution environments on both user and server sides more practical and scalable.

Status: Not in forceListed as no longer active. The specific reason is not in the record we hold.
How hard to build: SpecializedSoftware logic, secure servers, Trusted Platform Modules

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