Patent ID: 8823522
Filing Date: 2014-09-02
Classification: G06Q

Abstract:
1. A method of tracking and tracing chose in action throughout an economy using an RFID nano size silicon integrated circuit package known as an RFID transponder, the method comprising: selecting a chose in action from the group comprising polymer banknotes, paper banknotes, travelers checks, revenue and postage stamps, certificates, coupons and tickets of value, security inks, certificates of origin, checks, gift certificates, passports, plastic cards, stock certificates, vehicles titles, vital records, insurance policies; selecting an RFID nano size silicon integrated circuit package with fully housed silicon antenna the whole known as an RFID transponder; assigning a specific frequency for each category of chose in action to be tracked or traced and tuning the RFID transponder antenna contained within the nano size silicon integrated circuit package to a specific assigned category of chose in action at 2 MH intervals in the 24 to 40 GHz frequency range; embedding the said integrated circuit package constructed of nano size silicon into chose in action and whereby a laminate process is used to embed into polymer substrate chose in action and further a weaving fiber process is used to embed into chose in action comprised on a paper substrate; providing real time information regarding current levels of inventory of tracked or traced chose in action to a centralized database; providing RFID transponder interrogators at key transit points, including check out and cash register points in a retail environment, teller windows at banking institutions, back end cage offices at stock brokerage firms; providing means of collecting and collating the interrogated RFID data of the movement of chose in action via middleware into a central processing database.