Log in or Sign up
Coin Talk
Home
Forums
>
Coin Forums
>
Coin Chat
>
Here's a scary thought.
>
Reply to Thread
Message:
<p>[QUOTE="doug444, post: 1923935, member: 38849"]This is precisely why I floated the idea of a slab reader as a smartphone app. In a new variation, the TPG could associate an embedded second number with each slab, <u>not printed on the slab</u>. Here is the sequence:</p><p><br /></p><p>1. You (the Buyer) and the Seller are in Minneapolis, dealing face-to-face.</p><p><br /></p><p>2. The Buyer uses his app to read the Seller’s slab.</p><p><br /></p><p>3. The Buyer punches in his app’s account number and password (yes, Chinese hackers may have</p><p>stolen the account number and password, but it doesn’t matter).</p><p><br /></p><p>4. The TPG software then displays an automated 1-time-use toll-free number.</p><p><br /></p><p>5. The Buyer calls this number and enters the second slab number plus his GPS.</p><p><br /></p><p>6. The TPG system then confirms the second slab number, against the coin’s description AND the visible number on the slab. But it sends that confirmation ONLY to a phone located at the GPS just entered seconds before (which the Chinese will not know). No confirmation = the slab is a fake.</p><p><br /></p><p>7. The TPG’s 1-time use toll-free number will never work again. To re-submit, even 2 minutes later, you start over.</p><p><br /></p><p>Note this system does not confirm the COIN is genuine. I am not a programmer or security specialist, so if I have left out a critical step, or written ambiguous instructions, <u>post that fact in this thread</u>. The app may be free, but the Buyer may be charged each time he uses the service package provided by the TPG.[/QUOTE]</p><p><br /></p>
[QUOTE="doug444, post: 1923935, member: 38849"]This is precisely why I floated the idea of a slab reader as a smartphone app. In a new variation, the TPG could associate an embedded second number with each slab, [U]not printed on the slab[/U]. Here is the sequence: 1. You (the Buyer) and the Seller are in Minneapolis, dealing face-to-face. 2. The Buyer uses his app to read the Seller’s slab. 3. The Buyer punches in his app’s account number and password (yes, Chinese hackers may have stolen the account number and password, but it doesn’t matter). 4. The TPG software then displays an automated 1-time-use toll-free number. 5. The Buyer calls this number and enters the second slab number plus his GPS. 6. The TPG system then confirms the second slab number, against the coin’s description AND the visible number on the slab. But it sends that confirmation ONLY to a phone located at the GPS just entered seconds before (which the Chinese will not know). No confirmation = the slab is a fake. 7. The TPG’s 1-time use toll-free number will never work again. To re-submit, even 2 minutes later, you start over. Note this system does not confirm the COIN is genuine. I am not a programmer or security specialist, so if I have left out a critical step, or written ambiguous instructions, [U]post that fact in this thread[/U]. The app may be free, but the Buyer may be charged each time he uses the service package provided by the TPG.[/QUOTE]
Your name or email address:
Do you already have an account?
No, create an account now.
Yes, my password is:
Forgot your password?
Stay logged in
Coin Talk
Home
Forums
>
Coin Forums
>
Coin Chat
>
Here's a scary thought.
>
Home
Home
Quick Links
Search Forums
Recent Activity
Recent Posts
Forums
Forums
Quick Links
Search Forums
Recent Posts
Competitions
Competitions
Quick Links
Competition Index
Rules, Terms & Conditions
Gallery
Gallery
Quick Links
Search Media
New Media
Showcase
Showcase
Quick Links
Search Items
Most Active Members
New Items
Directory
Directory
Quick Links
Directory Home
New Listings
Members
Members
Quick Links
Notable Members
Current Visitors
Recent Activity
New Profile Posts
Sponsors
Menu
Search
Search titles only
Posted by Member:
Separate names with a comma.
Newer Than:
Search this thread only
Search this forum only
Display results as threads
Useful Searches
Recent Posts
More...