System, Method, and Computer Program Product for Secured, Encrypted Transaction Processing

A system, method, and computer program product is provided for secured, encrypted transaction processing. The method includes receiving a transaction request initiated by a first computing device associated with a first user and/or a second computing device associated with a second user. The transac...

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description A system, method, and computer program product is provided for secured, encrypted transaction processing. The method includes receiving a transaction request initiated by a first computing device associated with a first user and/or a second computing device associated with a second user. The transaction request includes a first user token including a first token identifier and a first account balance encrypted with a public key of the first user. The transaction request also includes a transaction value and a second user token including a second token identifier and a second account balance encrypted with a public key of the second user. The method includes generating a new first user token including a new first account balance encrypted with the public key of the first user and a new second user token including a new second account balance encrypted with the public key of the second user.
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language eng
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subjects CALCULATING
COMPUTING
COUNTING
DATA PROCESSING SYSTEMS OR METHODS, SPECIALLY ADAPTED FORADMINISTRATIVE, COMMERCIAL, FINANCIAL, MANAGERIAL, SUPERVISORYOR FORECASTING PURPOSES
ELECTRIC COMMUNICATION TECHNIQUE
ELECTRICITY
PHYSICS
SYSTEMS OR METHODS SPECIALLY ADAPTED FOR ADMINISTRATIVE,COMMERCIAL, FINANCIAL, MANAGERIAL, SUPERVISORY OR FORECASTINGPURPOSES, NOT OTHERWISE PROVIDED FOR
TRANSMISSION OF DIGITAL INFORMATION, e.g. TELEGRAPHICCOMMUNICATION
title System, Method, and Computer Program Product for Secured, Encrypted Transaction Processing
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