'a method and system for transferring funds using unique individual identifier numbered digital money account'

摘要

A method and system for transferring funds using unique individual identifier numbered digital money account. Particularly, the invention provides a method for transferring funds characterized by transferring funds using a unique individual identifier numbered digital money account via an encrypted message using said unique individual identifier number coupled communication devices. Further, the invention provides a method and system for allowing the central entity to share a part of the computational processing workload of user"s communication device. Furthermore, the invention provides a method and system for avoiding typographical errors in the receiver information. Furthermore, the invention provides a method and system that ensures non-repudiation by the receiver.