Banknote with processor

Patent metadata

Field	Value
Publication number	US-12430975-B2
Application number	US-202118000584-A
Country	US
Kind code	B2
Filing date	Jun 4, 2021
Priority date	Jun 5, 2020
Publication date	Sep 30, 2025
Grant date	Sep 30, 2025

Abstract

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 payment request for a payment with the banknote, generating a payment-specific cryptogram for authorising the payment with the banknote, wherein the cryptogram is generated from the identification number of the banknote and a payment-specific code as input values using the banknote-specific cryptographic key, and sending a payment authorisation including the payment-specific cryptogram.

First claim

The invention claimed is:

1. A banknote comprising:
a security element having a processor,
a memory with program instructions,
a communication interface configured to communicate with a terminal, and
one or more sensors configured to monitor a state of the security element for manipulation,
wherein the memory comprises a protected memory area accessible only through cryptographically authorized access,
wherein 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 a corresponding banknote, wherein the identification number is a banknote account number of the anonymous banknote account individually assigned to the banknote, wherein a banknote-specific cryptographic key is stored in the protected memory area of the memory of the security element,
wherein the memory storing the program instructions that, when executed by the processor, cause the processor to perform a payment method comprising
receiving a payment request for a payment with the banknote, wherein the payment request specifies an amount to be paid,
comparing the amount to be paid with a current nominal value of the banknote stored in the memory of the security element, wherein the comparing further comprises determining the stored current nominal value is greater than or equal to the amount to be paid,
in response to the comparing, generating a payment-specific cryptogram for authorizing the payment with the banknote, wherein the payment-specific cryptogram authorizes a transaction in which the amount to be paid is transferred from the anonymous banknote account of the banknote to an account of a recipient, wherein the payment-specific cryptogram is generated from the identification number of the banknote and a payment-specific code as input values using the banknote-specific cryptographic key, wherein the amount to be paid is used as an additional input value for generating the payment-specified cryptogram, and
sending a payment authorization comprising the payment-specific cryptogram, and

wherein the payment-specific cryptogram is transmitted via the communication interface to the terminal for forwarding to the central bank for cryptographic verification and execution.

2. The banknote according to claim 1 , wherein the banknote comprises a visual indication of an initial nominal value assigned to the banknote.

3. The banknote according to claim 1 , wherein the banknote comprises a visual indication of a serial number uniquely identifying the banknote and/or of the identification number.

4. The banknote according to claim 1 , wherein the banknote comprises a plurality of security features, wherein one or more security features of the plurality of security features comprise an indication of a serial number and/or of the identification number of the banknote.

5. The banknote according to claim 1 , wherein the payment authorization further comprises the identification number and/or the payment-specific code in plain text.

6. The banknote according to claim 1 , wherein the banknote receives the payment request from the terminal via the communication interface and/or sends the payment authorization to the terminal via the communication interface.

7. The banknote according to claim 1 , wherein the processor is further configured to perform an update procedure for updating the stored current nominal value of the banknote upon the execution of the program instructions, wherein the update procedure comprise
receiving an update request to update the current nominal value of the banknote stored in the memory of the security element, wherein the update request comprises an updated nominal value of the banknote together with a cryptographically secured confirmation of the central bank for the updated nominal value,
verifying the cryptographically secured confirmation using a cryptographic verification key stored in the memory of the security element, and
in case of a successful verification, replacing the current nominal value of the banknote stored in the memory of the security element with the updated nominal value included in the update request.

8. The banknote according to claim 1 , wherein the processor is further configured to execute an output method for outputting the stored current nominal value of the banknote upon the execution of the program instructions, wherein the output method comprise
receiving an output request to output the current nominal value of the banknote stored in the memory of the security element, and
in response to the output request, sending the current nominal value of the banknote stored in the memory of the security element.

9. The banknote according to claim 8 , wherein a serial number and/or the identification number of the banknote is sent together with the stored current nominal value of the banknote and serves as an identifier of the banknote for the recipient of the current nominal value for a confirmation request to the central bank to confirm the current nominal value of the banknote.

10. The banknote according to claim 8 , wherein the communication interface is configured for contactless communication with a mobile portable telecommunication device, wherein the banknote receives the output request from the mobile portable telecommunication device via the communication interface and/or transmits the current nominal value of the banknote stored in the memory of the security element to the mobile portable telecommunication device via the communication interface.

11. The banknote according to claim 8 , wherein the banknote comprises a user interface for communicating with a user of the banknote, wherein the banknote receives the output request from the user via an input device of the user interface and/or sends the current nominal value of the banknote stored in the memory of the security element to the user interface to output via a display device of the user interface.

12. A method for using a banknote, wherein the banknote comprises a security element having a processor, a memory with program instructions, and one or more sensors configured to monitor a state of the security element for manipulation,
wherein 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 a corresponding banknote, wherein the identification number is a banknote account number of the anonymous banknote account individually assigned to the banknote, wherein a banknote-specific cryptographic key is stored in a protected memory area of the memory of the security element,
wherein the banknote comprises a communication interface configured to interact with a terminal to perform a digital transaction,
wherein the method for paying with the banknote, which is executed by the processor upon execution of the program instructions, comprises
receiving a payment request for a payment with the banknote, wherein the payment request specifies an amount to be paid,
comparing the amount to be paid with a current nominal value of the banknote stored in the memory of the security element, wherein the comparing further comprises determining the stored current nominal value is greater than or equal to the amount to be paid,
in response to the comparing, generating a payment-specific cryptogram for authorizing the payment with the banknote, wherein the payment-specific cryptogram authorizes the digital transaction in which the amount to be paid is transferred from the anonymous banknote account of the banknote to an

Assignees

• Bundesdruckerei Gmbh

Inventors

• Peters Florian
• Sauter Dieter-Heinrich

Classifications

• G07D2207/00

  Paper-money testing devices · CPC title

• G06Q20/383

  Anonymous user system · CPC title

• G06Q20/3829

  involving key management · CPC title

• B42D25/305

  Associated digital information (record carriers for use with machines and with at least a part designed to carry digital markings G06K19/00) · CPC title

• B42D25/29

  Securities; Bank notes · CPC title