Abstract: The present invention relates generally to enabling payment transactions to be conducted and particularly to a method of, a system for, and a server computer for enabling a payment transaction to be conducted in a linked, integrated, interchangeable payment system (LIIPS) including a passageway payment system using a radio frequency identification (RFID) sticker, or any device similar to it, which is linked to payment devices such as credit cards, debit cards, prepaid cards, or payment-enabled mobile phones, and further referenced to one or more payment accounts such as credit accounts, debit accounts, and prepaid accounts associated with the payment devices for easy payment of toll fees and other charges in passageways such as tollways or similar facilities such as, for example, for ferries, roll-on/roll-off (RORO) ships, parking areas, parks, events areas, events centers, and the like.

Abstract: The present invention relates generally to enabling payment transactions to be conducted and particularly to a method of, a system for, and a server computer for enabling a payment transaction to be conducted in a linked, integrated, interchangeable payment system (LIIPS) including a passageway payment system using a radio frequency identification (RFID) sticker, or any device similar to it, which is linked to payment devices such as credit cards, debit cards, prepaid cards, or payment-enabled mobile phones, and further referenced to one or more payment accounts such as credit accounts, debit accounts, and prepaid accounts associated with the payment devices for easy payment of toll fees and other charges in passageways such as tollways or similar facilities such as, for example, for ferries, roll-on/roll-off (RORO) ships, parking areas, parks, events areas, events centers, and the like.

Abstract: One aspect of the invention is directed to a Blockchain-enabled double entry recordkeeping system for maintaining one or more ledger accounts of a recordkeeping entity. The system comprises a recordkeeping device which comprises a ledger account record broadcasting structure for broadcasting on a Blockchain network at least one of a digital value and a value balance, and an authorization device for qualifying the digital value as a debit or credit and creating a digital signature for a block containing the digital value and value balance. In essence, accounting books or ledgers where double entries or T-accounts or debit/credit of accounts are streamed using Blockchain technology to ensure that these immutable data streams end up in documents such as balance sheets, income statements, cash flow statements, general ledgers, and subsidiary ledgers of third parties.

Abstract: Consistent with one or more aspects of the present invention, there is disclosed a distributed, ledger-based processing and recording of an electronic financial transaction implemented using hardware and/or software application programs and utilizing a device-resident ledger system. Processing and/or recording of the financial transaction can be performed by a transaction processing system which may be any one of a cluster of participating nodes (which may be operated by banks), a third party payment processing system associated with the cluster of participating nodes, and a distributed ledger system associated with the cluster of participating nodes. The may be private ledgers, public ledgers, or hybrids of private and public ledgers. The device-resident ledger system which serves as a digital passbook may be a mirror of an issuer-resident ledger system, may cooperate with the distributed ledger system or similar technology, and may be incorporated into an integrated circuit device (e.g.

Abstract: An embodiment of the invention provides an automated POS (point-of-sale) system which enables a payment transaction at a commodity vending apparatus or any computing device using an embedded or attached transaction device which may include an application serving as a POS reader accepting payment instruction from the vending apparatus for purchase of a good or service and a payment device which may be in the form of a plastic card with magnetic stripe, a plastic card with a chip, an RFID (radio frequency identification) card, an NFC (near field communication)-enabled mobile phone, an NFC-enabled SIM card or any similar device or any application. The transaction device generates and transmits to the payment device a payment request signal based on the payment instruction from the vending apparatus.

Abstract: An information capturing and transaction device may be used to capture a user's biometric information which in turn may be received by a secure element such as a SIM card. SIM card-based captured biometric keys are generated based on the user's biometric information and compared with SIM card-based reference biometric keys. If these two SIM card-based keys match with one another, access to each of a plurality of applications residing on the SIM card may be permitted. The applications may be selectively activatable from the SIM card. The applications, which may include payment and voting applications, may be executed and operated from the SIM card to perform an electronic transaction on a third-party computer system such as an electronic payment system and electronic voting system.