ALEXANDRIA, Va., Nov. 3 -- United States Patent no. 12,784,031, issued on Nov. 3.
"System and method for authenticating electronic money" was invented by Unho Choi (Seoul, South Korea).
According to the abstract* released by the U.S. Patent & Trademark Office: "A method for authenticating electronic money includes storing in a portable apparatus a first biometric digital signature of a registered person who has been registered and authorized to use the portable apparatus, storing in the portable apparatus a public key infrastructure (PKI) certificate that includes a first code derived from encoding the first biometric digital signature of the registered person, acquiring biometric pattern of a person who attempts to access the portable ap...