A Payment Method Based on Time Synchronization Electronic Wallet System

Abstract

The invention discloses an E-wallet system payment method based on time synchronization. The E-wallet setting steps include (a) a program is connected and operates, (b) a character password is set, (c) a time synchronization seed secret key is generated, (d) the time synchronization seed secret key is encrypted, (e) the character password is encrypted, (f) a private data file is generated, and (g) setting is finished. The payment method includes the steps that (1) equipment is connected, (2) the password is input, (3) the password is checked, (4) the private data file is obtained, (5) payment is performed, (6) a six-bit dynamic number is generated, (7) the dynamic number is checked, (8) the secret key is decrypted, (9) account transferring and authorization are carried out, (10) account transferring records are stored, and (11) payment is finished. According to the payment method, fund safety of an E-wallet is improved in a time synchronization digital command mode, the E-wallet can be effectively moved for use due to the USB storage mode, and users can use the E-wallet for collection and payment conveniently and safely.

Description

technical field [0001] The present invention relates to a payment method based on a time-synchronized electronic wallet system, more specifically, to a payment method based on a time-synchronized electronic wallet system by verifying the correctness of character passwords and generated 6-digit time dynamic synchronization numbers method. Background technique [0002] Network electronic currency based on P2P protocol, such as Bitcoin, has been widely accepted and used. Users only need to have an electronic wallet (client), and they can complete operations such as collection and payment through the network. While the new technology brings convenience, it also brings new security risks to users. Although the e-wallet supports setting character passwords, when the user's e-wallet is stolen, hackers can still obtain the user's payment password and steal funds through brute force cracking, Trojan horse monitoring and other means. This makes it difficult for such electronic wall...

AI Technical Summary

Problems solved by technology

While new technology brings convenience, it also brings new security risks to users

Although the e-wallet supports setting character passwords, when the user’s e-wallet is stolen, hackers can still obtain the user’s payment password and steal funds through brute force cracking, Trojan monitoring, etc.

This makes it difficult for such electronic wallets to undertake the safe storage and use of users' daily funds, especially for users with large sums of money, once the electronic wallet information is stolen, it may cause huge property losses

At the same time, electronic wallet software is usually installed in the hard disk of the computer, which is inconvenient for users to use anytime and anywhere, and does not have the characteristics of mobile payment.

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