Patent ID: 6722573
Filing Date: 2004-04-20
Classification: G06Q,G07F,G07G

Abstract:
A system for dynamically storing and retrieving information in a storage medium, comprising in combination:an integrated circuit card having a memory structure partitioned into a first file containing information identifying the integrated circuit card, and a second file containing a plurality of data records each comprising information pertaining to prior uses of the integrated circuit card; a card reader adapted to receive the integrated circuit card and to read and write data values to and from the memory structure of the integrated circuit card; a processor electrically coupled to the card reader and including processor instructions for executing an algorithm that, in response to insertion of the integrated circuit card into the card reader, extracts information from one of the data records in the second file, updates the one data record in the second file based at least in part on a current date and the information extracted from the one data record in the second file, and awards a benefit to the card holder if the updated data record meets a predetermined condition; and an output device that outputs information resulting from the execution of the algorithm executed in the processor.