Capital one services, llc (20240256818). SYSTEMS AND METHODS FOR USE OF CAPACITIVE MEMBER TO PREVENT CHIP FRAUD simplified abstract
Contents
SYSTEMS AND METHODS FOR USE OF CAPACITIVE MEMBER TO PREVENT CHIP FRAUD
Organization Name
Inventor(s)
Daniel Herrington of New York NY (US)
Stephen Schneider of Midlothian VA (US)
Tyler Maiman of Melville NY (US)
SYSTEMS AND METHODS FOR USE OF CAPACITIVE MEMBER TO PREVENT CHIP FRAUD - A simplified explanation of the abstract
This abstract first appeared for US patent application 20240256818 titled 'SYSTEMS AND METHODS FOR USE OF CAPACITIVE MEMBER TO PREVENT CHIP FRAUD
Simplified Explanation: The patent application describes a system and method for preventing chip fraud using a chip with a capacitance member to measure capacitance values.
Key Features and Innovation:
- Chip fraud prevention system with a chip in a chip pocket
- Connections coupled to chip surfaces for communication
- Capacitance member with known capacitance value
- Memory containing an applet to measure capacitance value
Potential Applications: This technology can be applied in various industries where chip fraud prevention is crucial, such as banking, retail, and cybersecurity.
Problems Solved: The technology addresses the issue of chip fraud by providing a secure method to verify the authenticity of the chip through capacitance measurements.
Benefits:
- Enhanced security against chip fraud
- Reliable verification of chip authenticity
- Prevention of unauthorized access to sensitive information stored on the chip
Commercial Applications: This technology can be utilized in the financial sector for secure transactions, in retail for preventing counterfeit products, and in cybersecurity for protecting sensitive data.
Prior Art: Prior research in the field of chip security and fraud prevention can be found in academic journals, industry publications, and patents related to chip authentication methods.
Frequently Updated Research: Stay updated on the latest advancements in chip security, fraud prevention, and authentication methods to enhance the effectiveness of this technology.
Questions about Chip Fraud Prevention: 1. How does the capacitance measurement method enhance chip security? 2. What are the potential implications of this technology for the banking industry?
Original Abstract Submitted
example embodiments of systems and methods for preventing chip fraud are provided. a chip fraud prevention system may comprise a device including a chip, wherein the chip is at least partially encompassed in a chip pocket. one or more connections may be communicatively coupled to one or more surfaces of the chip, and a capacitance member may be coupled to a surface of the chip. the capacitance member may comprise a known capacitance value and the chip may comprise a memory containing an applet, wherein the applet is configured to measure the capacitance value of the capacitance member.
