Digital cash and method of commerce

Digital cash and method of commerce

A method of electronic commerce using an optical disc (10) as a medium of exchange. The optical disc (10) is encoded with data representing a monetary value. The monetary value is reduced by an operator involved in an electronic exchange between a buyer (30) and a seller (20). The optical disc (10)...

Ausführliche Beschreibung

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Bibliographische Detailangaben
Hauptverfasser: MOONEY, MICHAEL, I. P, O'NEILL BRIAN, MACDONALD IVAN
Format: Patent
Sprache:lav
Schlagworte:
CALCULATING
COMPUTING
COUNTING
DATA PROCESSING SYSTEMS OR METHODS, SPECIALLY ADAPTED FORADMINISTRATIVE, COMMERCIAL, FINANCIAL, MANAGERIAL, SUPERVISORYOR FORECASTING PURPOSES
ELECTRIC DIGITAL DATA PROCESSING
PHYSICS
SYSTEMS OR METHODS SPECIALLY ADAPTED FOR ADMINISTRATIVE,COMMERCIAL, FINANCIAL, MANAGERIAL, SUPERVISORY OR FORECASTINGPURPOSES, NOT OTHERWISE PROVIDED FOR
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Beschreibung
Zusammenfassung:A method of electronic commerce using an optical disc (10) as a medium of exchange. The optical disc (10) is encoded with data representing a monetary value. The monetary value is reduced by an operator involved in an electronic exchange between a buyer (30) and a seller (20). The optical disc (10) may further be encoded with data representing a second monetary value representing a discount or incentive. The optical disc (10) may further include data representing a consumer product such as music or software.