A method, system, and apparatus for performing a transaction for a customer having a fiat account with a financial institution. The method includes receiving a transaction request from the customer, the transaction request including a request to transfer a first amount of fiat currency to a receiving account held at a partner financial institution; determining a second amount of math-based currency (“MBC”) corresponding to the first amount of fiat currency, wherein the MBC is held in an MBC wallet account; transmitting the second amount of MBC to a partner financial institution computing system of the partner financial institution via a permissioned blockchain system; updating the MBC wallet account to reflect the transaction; debiting a fiat account balance associated with the fiat account of the customer by the first amount; and transferring fiat currency between the financial institution and the partner financial institution to settle a plurality of transactions.

Cryptocurrencies may be used within the current Four Party Model to settle transactions between a merchant and a consumer who may use or accept fiat and/or cryptocurrency. An intermediary wallet entity may assume the risk of cryptocurrency transactions. For example, a fiat-fiat transaction may follow the usual settlement process of the Four Party Model. In a crypto-crypto transaction, settlement may occur in real time. But in a fiat merchant/crypto customer transaction, settlement may be made from the customer's crypto wallet to an intermediary wallet. Fiat settlement would then occur between the intermediary and merchant following the Four Party Model. In a crypto merchant/fiat customer transaction, a transfer may be made from the intermediary wallet to the merchant's crypto wallet. Fiat settlement between the customer's bank (issuer) and intermediary can happen in the usual settlement process.

A system for transacting in an environment with intermittent connectivity via a network backbone to a blockchain. A merchant device transmits a set of credentials for an ad hoc network to a buyer device and establishes a private peer-to-peer ad hoc network connection with the buyer device. It then conducts a transaction with the buyer device via the private peer-to-peer ad hoc network. If no network connection is available to a transaction blockchain, the merchant device stores a record of the transaction until such network becomes available and later sends the record of the transaction to the transaction blockchain.

Systems and method directed to performing a single checkout process using multiple currencies are described. More specifically, a first item total in a first currency type may be displayed at a first location in a user interface and a second item total in a second currency type may be displayed at a second location in the user interface. In response to receiving a determination of a third currency type associated with a buyer of one or more items associated with the first currency type and one or more items associated with the second currency type, a transaction total including a currency transaction fee associated with converting the first currency type to the third currency type and a second currency transaction fee associated with converting the second currency type to the third currency type is displayed at the user interface.

Computing devices, systems, and methods for automatically prompting a foreign currency transaction by detecting a trip end condition associated with a registered user with respect to travel to a foreign location associated with a foreign currency. The methods and system may further determine that the registered user has a remaining foreign currency balance, and, as a result, may identify and send to the registered user's mobile device at least one option for using the remaining foreign currency balance. The at least one option may be a merchant offer from a merchant located in the area of the mobile device or may include an option to exchange the foreign currency for another currency. The trip end condition may be detected by determining that the registered user and/or user's mobile device is at an international departure location. The currency exchange may be with another registered user.

An on-demand property ownership management system (OMS) and a contractual obligation engine (COE) for facilitating consumer financial and ownership transactions. The OMS includes one or more computer servers configured to coordinate transactions between disparate entities, including at least one consumer and one or more local property management servers (LPMS). An example method for creating and maintaining a consumer profile, includes establishing bidirectional communication between a requesting consumer and the OMS and obtaining preferences concerning property ownership, and a request from the consumer for property ownership. The OMS then searches for matching properties available via the LPMS, and upon consumer selection of a desired property enable a financial transaction and an ownership and occupancy change transaction and record that in the OMS, and provide confirmation to the consumer along with a date and time for the requesting consumer to move into the property.

The present invention is a novel system and method for coding, programming and administering a cryptocurrency platform.

A method performed by a processor of a provider computing system includes allowing an account holder at the provider to initiate a transaction with the provider remotely (e.g., via smartphone, online banking, etc.), by submitting a request for a specified transaction to be picked up in a lockbox at a provider's lockbox location. The pickup and completion of the account holder's requested transaction occurs at a lockbox location that has a plurality of lockboxes. The lockbox allows the account holder to access the facility at the account holder's leisure, both in time and location. The lockbox pickup service alleviates the uncertainty, fluctuating time cost, and inconvenient operating hours by allowing the account holder to request transactions with an easy to use interface resulting in a lockbox to be accordingly prepped so that the account holder can provide the proper authentication information and access the lockbox.

The present disclosure provides a method for users to convert physical currency into digital currency and to store and transfer that digital currency from an electronic wallet by interfacing with one or more liquidity providers in a network of liquidity providers. The method and related systems can be accessed and implemented via dedicated application software on a user device, and do not require a bank account. A minimum reserve amount held by each liquidity provider ensures that conversions between digital and physical currency is always seamless, and transaction fees may be calculated at a fixed percentage of transacted funds.

A digital currency whose value is tied to a fiat currency or other thing of value is created in a participant's member account by the participant depositing a fiat currency or other thing of value in a common trust account maintained by a financial institution, and in which a plurality of participants make such deposits. A central authority maintains member accounts for the participants and credits to a participant's member account an international monetary unit (“IMU”) which reflects the value of each deposit that participant makes into the common deposit account. The value of a participants IMU or IMUs is thus determined by the amount which the participant deposits in the trust account. The IMUs may be transferred between participants and the transferred IMU may be denominated in selected sovereign currencies. Alternatively, a transferee participant may redeem an IMU for value, e.g., for a fiat currency, in which case the IMU is retired.