Patent ID: 7979713
Filing Date: 2011-07-12
Classification: A63F,G06Q,G07F,H04J,H04M

Abstract:
1. A method for handling electronic wagering records that contain predictions of the outcome of a certain incident, comprising: within a distributed domain, furnishing each of a plurality of electronic wagering records with a cryptographically protected proof of a certain a certain moment of time associated with the generation of the electronic wagering record and within the central domain, accepting only those of the electronic wagering records conveyed thereto as valid for which the cryptographically protected proof of a certain moment of time associated with the generation of the electronic record shows that said certain moment of time was not later in time than an entry deadline, the entry deadline being a time before the outcome of the incident is known, wherein furnishing each of the electronic wagering records with a cryptographically protected proof of a certain moment of time associated with the generation of the electronic wagering record further comprises: receiving a local real time clock signal into a protected integrated circuit, wherein receiving the local real time clock time signal further comprises receiving into the protected integrated circuit a clock signal that is simultaneously used for synchronising at least one operation belonging to a category of Media Access Control operations; receiving an electronic wagering record into said protected integrated circuit; furnishing said electronic wagering record with a cryptographically protected proof of a certain moment of time, wherein the furnishing of said electronic wagering record with a cryptographically protected proof of a certain moment of time takes place through the application of an algorithm read from a storage location within said protected integrated circuit, using both said external clock signal and said local real time clock signal, and outputting the electronic wagering record furnished with a cryptographically protected proof of a certain moment of time from said protected integrated circuit.