Multi-Party Transactions with Static and/or Dynamic Rules Management Mediated by One or More NFC-Enabled Devices

Multi-Party Transactions with Static and/or Dynamic Rules Management Mediated by One or More NFC-Enabled Devices

Virtual money, in electronic form, with dynamically programmable characteristics other than value for controlling the pay out and use of the stored value are provided. A computational platform, such as but not limited to an NFC-enabled mobile device, can receive and distribute virtual money in accor...

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1. Verfasser: NAHIDIPOUR ARAM
Format: Patent
Sprache:eng
Schlagworte:
ELECTRIC COMMUNICATION TECHNIQUE
ELECTRICITY
TRANSMISSION
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creator NAHIDIPOUR ARAM
description Virtual money, in electronic form, with dynamically programmable characteristics other than value for controlling the pay out and use of the stored value are provided. A computational platform, such as but not limited to an NFC-enabled mobile device, can receive and distribute virtual money in accordance with the rules and constraints supplied by the issuer of the value stored in the NFC-enabled mobile device. The rules and constraints can be dynamically changed by the issuer prior to the payout from the NFC-enabled mobile device. Pay outs from the NFC-enabled mobile device further include rules that constrain or define the use of the paid out value.
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subjects ELECTRIC COMMUNICATION TECHNIQUE
ELECTRICITY
TRANSMISSION
title Multi-Party Transactions with Static and/or Dynamic Rules Management Mediated by One or More NFC-Enabled Devices
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