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Transaction recordal systemUSPTO Application #: 20080101606Title: Transaction recordal system Abstract: A method of printing a security document having a security feature, the method including, receiving the security document, and encrypted identity data at least partially indicative of an identity of the security document. The identity is decrypting using a secret key associated with the public key, allowing a signature to be generated using the determined identity. The signature is a digital signature of at least part of the identity. The signature is used in generating coded data at least partially indicative of the identity of the security document and at least part of the signature. The coded data is then printed on the security document. (end of abstract) Agent: Silverbrook Research Pty Ltd - Balmain, AU Inventors: Kia Silverbrook, Paul Lapstun USPTO Applicaton #: 20080101606 - Class: 380243000 (USPTO) Related Patent Categories: Cryptography, Facsimile Cryptography The Patent Description & Claims data below is from USPTO Patent Application 20080101606. Brief Patent Description - Full Patent Description - Patent Application Claims CROSS REFERENCE TO RELATED APPLICATION [0001] The present application is a continuation of U.S. application Ser. No. 11/041,649 filed on Jan. 25, 2005, the entire contents of which are now incorporated by reference. FIELD OF THE INVENTION [0002] The present invention broadly relates to a method and apparatus for the protection of products and security documents using machine readable tags disposed on or in a surface of the product or security document. CROSS REFERENCE TO OTHER RELATED APPLICATIONS [0003] The following applications have been filed by the Applicant simultaneously with this application: TABLE-US-00001 HYN006US HYN007US HYN008US HYN010US HYP006US HYP009US HYP010US HYS006US HYS007US HYS008US HYP007US HYP008US HYS009US HYS010US [0004] The disclosures of these co-pending applications are incorporated herein by reference. The above applications have been identified by their filing docket number, which will be substituted with the corresponding application number, once assigned. [0005] The following applications were filed by the Applicant simultaneously with the parent application, application Ser. No. 11/041,649: TABLE-US-00002 11/041,556 11/041,580 11/041,723 11/041,698 11/041,648 11/041,609 11/041,626 11/041,627 11/041,624 11/041,625 11/041,650 11/041,651 11/041,652 11/041,610 [0006] The disclosures of these co-pending applications are incorporated herein by reference. CROSS-REFERENCES [0007] Various methods, systems and apparatus relating to the present invention are disclosed in the following co-pending applications and granted patents filed by the applicant or assignee of the present invention. The disclosures of all of these co-pending applications and granted patents are incorporated herein by cross-reference. TABLE-US-00003 6,795,215 10/884,881 10/296,522 09/575,109 10/296,535 6,859,289 6,805,419 09/607,985 6,398,332 6,394,573 6,622,923 6,747,760 10/189,459 10/943,941 10/949,294 10/727,181 10/727,162 10/727,163 10/727,245 10/727,204 10/727,233 10/727,280 10/727,157 10/727,178 10/727,210 10/727,257 10/727,238 10/727,251 10/727,159 10/727,180 10/727,179 10/727,192 10/727,274 10/727,164 10/727,161 10/727,198 10/727,158 10/754,536 10/754,938 10/727,227 10/727,160 10/934,720 10/854,521 10/854,522 10/854,488 10/854,487 10/854,503 10/854,504 10/854,509 10/854,510 10/854,496 10/854,497 10/854,495 10/854,498 10/854,511 10/854,512 10/854,525 10/854,526 10/854,516 10/854,508 10/854,507 10/854,515 10/854,506 10/854,505 10/854,493 10/854,494 10/854,489 10/854,490 10/854,492 10/854,491 10/854,528 10/854,523 10/854,527 10/854,524 10/854,520 10/854,514 10/854,519 10/854,513 10/854,499 10/854,501 10/854,500 10/854,502 10/854,518 10/854,517 10/934,628 10/728,804 10/728,952 10/728,806 10/728,834 10/729,790 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10/815645 10/815646 10/815617 10/815620 10/815615 10/815613 10/815633 10/815619 10/815616 10/815614 10/815636 10/815649 10/815609 10/815627 10/815626 10/815610 10/815,611 10/815,623 10/815,622 10/815,629 6454482 6808330 6527365 6474773 6550997 10/181496 10/274119 10/309185 10/309066 10/949288 10/962,400 10/969,121 BACKGROUND Security Document Counterfeiting [0008] Counterfeiting of security documents, such as money, is an increasing problem that now poses a real threat to the strength of global monetary systems. Software and high quality photographic and printing technology are making it easier for criminals to produce and pass counterfeit notes into the monetary system. Counterfeit currency can be used to support the underground, untaxed economy, and it is a global threat that could erode financial systems. [0009] The main reason that counterfeiting remains a major concern is the ease and speed with which large quantities of counterfeit currency can be produced using counterfeit software combined with high quality photographic and printing equipment. The occurrence of counterfeiting is likely to increase because these technologies are more readily available, and the techniques are more easily understood by an increasingly larger segment of the criminal population. [0010] Whilst, these technologies do not reproduce the watermarks, color shifting, embedded security threads, microprinting, and the general feel of the note, or the slightly raised print produced by engraved plates, in day-to-day transactions these features are often overlooked so that counterfeit notes are often accepted as legal tender. Counterfeit money can move through banks, money exchanges, casinos, and is even carried overseas, and there are growing opportunities for counterfeit currency to be passed into the monetary system. Most of the large economies around the world are therefore now committed to introducing new technologies, as well as additional regulations and processes to make identification of counterfeit notes easier, to thereby reduce the incidence of counterfeit notes entering the monetary system. [0011] Another concern is that there are governments who knowingly support counterfeiters, and some are complicit in producing counterfeit currency. A related problem is that all of the major U.S. and European banks have established multiple correspondent relationships throughout the world so they may engage in international financial transactions for themselves and their clients in places where they do not have a physical presence. Many of these do not meet current regulatory or reporting requirements, and therefore make it difficult to gain sufficient information to actively combat counterfeiting. [0012] In addition to the growing problem of currency counterfeiting, the risks associated with money laundering are also a major concern for many governments for two reasons: [0013] 1. Deregulation of global financial systems means that it is now harder to combat money laundering; and [0014] 2. The funds involved in money laundering are increasing rapidly. [0015] There are two stages involved in money laundering: placement and layering, and integration. [0016] Placement is the movement of cash from its source and placing it into circulation through financial institutions, casinos, shops, bureau de change and other businesses, both local and abroad. Placement can be carried out through many processes including currency smuggling, bank complicity, deregulated currency exchanges, blending to enable funds from illicit activities to be obscured in legal transactions, and using the proceeds to purchase less conspicuous assets. [0017] The purpose of layering is to make it more difficult for law enforcement agencies to detect the trail of illegal proceeds. Layering methods can include converting cash to other monetary instruments such as banker's drafts and money orders, or selling assets bought with illicit funds. [0018] The final stage of integration is the movement of previously laundered money into the economy, mainly through the banking system, to make transactions appear to be normal business earnings. [0019] The first thing to note about money laundering is that criminals prefer to deal in cash because of its anonymity. In most financial transactions, there is a financial paper trail to link the person involved. Physical cash, however, has disadvantages. It is bulky and difficult to move. For example, 44 pounds of cocaine worth $1 million is equivalent to 256 pounds of street cash. The street cash is more than six times the weight of the drugs. The existing payment systems and cash are both problems for criminals, even more so for large transnational crime groups. This is where criminals and terrorists are often most vulnerable. [0020] By limiting the opportunity for counterfeit notes, and funds from illicit activities to enter the economy at the money placement and layering phases, it becomes possible to restrict a wide range of money laundering activities. Continue reading... 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