Patents by Inventor Aleksander Kogan

Aleksander Kogan has filed for patents to protect the following inventions. This listing includes patent applications that are pending as well as patents that have already been granted by the United States Patent and Trademark Office (USPTO).

  • Publication number: 20050033651
    Abstract: An apparatus and method of purchasing a product or service from a site remote to the purchaser using the internet or another electronic medium using cash money. The purchaser first selects the product or service he wants to buy and determines its cash purchase price. The purchase then deposits dollar bills into a receptacle (L) located where the purchaser is located. Each bill is scanned as it is deposited to determine its face value and its serial number. The serial number is compared with a list of dollar bills to determine if the face value of the dollar bill corresponds with that of the listed dollar bill having that serial number. Once a count of the total value of deposited bills is sufficient to purchase the product or service, the seller is notified and the purchase is completed. The bills deposited are defaced or destroyed so they cannot be reused, but an account of the seller is credited with the deposited amount so he can access the funds.
    Type: Application
    Filed: August 6, 2003
    Publication date: February 10, 2005
    Inventors: Aleksander Kogan, Gess Tukin