Prior art

Most Relevant Prior Art for US Patent 10,796,296

The following prior art references are identified as most relevant to US Patent 10,796,296, based on their explicit citation and description within the patent document itself. These references establish the existing state of the art that the '296 patent aims to improve upon or distinguish from.

1. U.S. Patent No. 8,554,671 to Ballout

• Full Citation: U.S. Pat. No. 8,554,671
• Publication/Filing Date: Issued on October 8, 2013, from application Ser. No. 13/185,432 filed July 18, 2011.
• Brief Description: This patent describes a "System and Associated Method and Service for Providing a Platform that Allows for the Exchange of Cash Between Members in a Mobile Environment." US10796296 is a continuation of the application that led to US8554671 and explicitly states it includes the same subject matter.
• Potential Anticipation (35 U.S.C. § 102): Given that US10796296 is a continuation of the application that matured into US8554671 and explicitly claims "the same subject matter," US8554671 is highly likely to anticipate the fundamental aspects of claims 1, 10, and 18, particularly regarding a mobile platform for exchanging cash and potentially other valuables in a mobile environment. The core concept of a system for facilitating financial transactions among members in a mobile setting is directly inherited from this prior patent.

2. U.S. Patent Application Publication No. 2009/0068982 to Chen et al.

• Full Citation: U.S. patent application No. 20090068982 to Chen et al.
• Publication/Filing Date: Publication Date: March 12, 2009 (Filing Date: September 7, 2007).
• Brief Description: This reference generally describes a system or method for facilitating the securing of a wireless digital transaction. It involves a terminal component receiving payment data and a mobile device with a mobile payment card (m-card) using public-key cryptography (PKC) to securely transmit payment wirelessly to the terminal component.
• Potential Anticipation (35 U.S.C. § 102): This publication potentially anticipates the general concept of using a mobile device for secure wireless digital transactions. It may anticipate elements of claims 1, 10, and 18 that broadly relate to conducting monetary transactions between devices within a digital wallet environment and transmitting payment data wirelessly. However, it does not explicitly disclose more specific features such as a commodity-backed "Good Money" function, "Swipay" or "Swipmail" finger-swipe transfers, comprehensive digital wallet storage for various cards beyond payment, detailed coded transaction types (e.g., QR/maxi codes), or advanced profile-based advertising and transaction metric tracking.

3. U.S. Patent Application Publication No. 2008/0010191 to Rackley III et al.

• Full Citation: U.S. patent application No. 20080010191 to Rackley III et al.
• Publication/Filing Date: Publication Date: January 10, 2008 (Filing Date: July 7, 2006).
• Brief Description: This reference generally describes methods and systems for providing a financial payment to a payee using a mobile device. The user inputs payee, payment source, and method, and the mobile device generates and wirelessly communicates a mobile payment instruction to a mobile financial transaction system (MFTS) which then effects the payment to the payee without required action by the payee.
• Potential Anticipation (35 U.S.C. § 102): This publication potentially anticipates broad aspects of claims 1, 10, and 18 related to initiating financial payments from a mobile device, identifying recipients and payment sources, and transmitting payment instructions wirelessly to a processing system. It covers the fundamental idea of using mobile devices for financial transfers. However, it is less likely to anticipate the specific functionalities of US10796296, such as the commodity-backed "Good Money" currency, the "Swipay" touch-based interaction, comprehensive digital wallet storage beyond payment sources, or the detailed mechanisms for coded transactions, profile-based advertising, and transaction metric tracking. The explicit "without any required action by the payee" contrasts with the "handshake" or acceptance flow described in US10796296.