Patent Number: 8,823,522

Title: RFID tracking of chose in action

Abstract: This invention assigns differing chose in action categories, such as banknote, check and stock certificate. Each category reflects electro magnetic signals through a nano size silicon integrated circuit package known as an RFID transponder. As an example, a unique identifier number, serial number, denomination amount, will be written onto each RFID transponder. A specific frequency can be assigned to each category. Each category is divided by at least 2 MHz with all transmissions taking place within the 24 to 40 GHz frequency range. The chose in action can be interrogated at specially shielded stations, such as cash registers or bank teller windows or at stock brokerage firms, to verify the authenticity of the chose in action. The interrogators will be connected to a centralized host system comprised of computer server and middleware to trace and track the progress of the chose in action through the economy in real time. This invention contemplates embedding the RFID nano size silicon integrated circuit package into polymer or paper based chose in action using a laminate or fiber weaving process.

Inventors: Rodgers; James Neil (Langley, CA)


International Classification: G08B 13/14 (20060101)

Expiration Date: 9/02/12018