Patent ID: 9390407
Filing Date: 2016-07-12
CPC Classification: G06K,G06Q,G07F

Claim Text:
1. A smartcard apparatus comprised of: a microprocessor chip; a button; a dynamic transaction authorization number; and a Bluetooth low energy device (“BLE”) which is configured to: a battery configured to power the BLE and the microprocessor chip; memory configured to store the dynamic transaction authorization number; and a dynamic magnetic strip comprising a digital representation of the dynamic transaction authorization number; and wherein the smartcard is configured to: communicate with an application on a smartphone; receive information from an administrative database network via the application on the smartphone; transmit information to the administrative database network via the application on the smartphone; receive a transmission of the digital representation of the dynamic transaction authorization number from the smartphone; record the transmitted digital representation and a timestamp of the first button depression in response to the first depression of the button on the smartcard; and in response to a second depression of the button on the smartcard, transmit to the administrative database network;