Method, system and apparatus for increasing the deposit-based assets of banking institutions subject to fractional-reserve banking

摘要

A system, method and apparatus for increasing the asset base of a banking institution having a first and second account captive therein for fractional-reserve banking, having a portable device for encrypted containment of currency amounts linked to the first account at the banking institution and enabled to perform commercial transactions that affect the balance of the first account; a node device for encrypted containment of currency amounts linked to the second account at the banking institution and enabled to perform commercial transactions that affect the balance of the second account; an encrypted interface between the portable device and the node device for communication therebetween to accurately affect a commercial transaction between in which there is a credit to one and a debit to the other; such that by transacting a commercial transaction between the two devices one of the accounts is debited for the transaction a specific amount and the other account is credited the specific amount debited commensurate with the commercial transaction; and communication of the transaction to the banking institution such that the balances of each respective account are properly credited and debited in accordance with the commercial transaction. The accounts and transactions are based on fractional currency, resembling but replacing metallic currency (coinage). The apparatus of claim 10, wherein the portable device means comprises a microprocessor, display means for displaying said balance and communications with an operator of the device, operator interface means for entering and receiving transaction related and balance related data, power, memory, and wireless communication means for communicating with the banking institution and node device.