TIBADO Digital Coin and Atttributes
TIBADO emulates digital coins in the form of a digital image format file and can be easily communicated through various digital communication channels.
TIBADO's technology can enable a non-exclusive license which will allow the licensee to implement and create their own brand around a coin for their own exclusive product or digital currency system.
The TIBADO coin is identifiable with a distinctive 2D barcode and contains the security attributes when completing a coin purchase or transaction.
TIBADO's barcode design is not used like traditional barcode technologies and the design has been implemeted within the image and application structure itself, so a coin is worthless without a barcode value.
The client application runs its own routines to separate the coin template from the embedded barcode.
|Version||Version of coin||2|
|Security Domain||Security domain indicates which key set is used to generate the two CMACS||2|
|Sequence Number Prefix||Sequence number prefix||4|
|Sequence Number||Sequence number is a unique identifier for the coin much like bank notes||8|
|Currency Code||Currency code is a 4 byte Integer which represents a currency||4|
|Value||Value of coin in its smallest denomination||4|
|Time Stamp||Time stamp indicates the time which the coin was created
- First four bytes is an Integer representing the number of seconds past the year 2000
- Second four bytes indicate the milliseconds
|CMAC A||CMAC A is a Cipher-based Message Authentication which protects the coins attributes from being modified||16|
|CMAC B||CMAC B is the second CMAC which also protects the coins attributes from being modified||16|
|Info Block||MAC A||MAC B|
|Serial Number||Value Block|
|Version||Security Domain||Sequence Number Prefix||Sequence Number||Currency Code||Value||Time Stamp|
|2 bytes||2 bytes||4 bytes||8 bytes||4 bytes||4 bytes||8 bytes||16 bytes||16 bytes|
TIBADO coins can just as easily be encoded as text using the base64 encoding scheme which as a text form can be communicated accross multiple channels that do not support images like SMS.