ALEXANDRIA, Va., Sept. 30 -- United States Patent no. 12,430,975, issued on Sept. 30, was assigned to Bundesdruckerei GmbH (Berlin).
"Banknote with processor" was invented by Florian Peters (Berlin) and Dieter-Heinrich Sauter (Munich).
According to the abstract* released by the U.S. Patent & Trademark Office: "A banknote includes a processor and a memory. An identification number of the banknote is stored in the memory of the security element and identifies an anonymous banknote account managed by a central bank issuing the banknote and individually assigned to the corresponding banknote. A banknote-specific cryptographic key is stored in a protected memory area of the memory. A payment method executed with the banknote receiving a paymen...