G06Q20/381

Method and system for merchant acceptance of cryptocurrency via payment rails

A method for acceptance of blockchain payment at a traditional point of sale device direct to a merchant includes: receiving an authorization request for a fiat payment transaction including a transaction account number, transaction amount, and merchant identifier; identifying blockchain payment acceptance for a transaction account associated with the transaction account number; transmitting an address request to an exchange server including the merchant identifier; receiving a destination address associated with the merchant identifier for a blockchain network from the exchange server; transmitting a new blockchain transaction to a blockchain node in the blockchain network including the destination address and a cryptocurrency amount based on the transaction amount; and transmitting an authorization response for the fiat payment transaction to a payment network for routing to a point of sale device, the authorization response including an indication that clearance and settlement of the fiat payment transaction is not required.

System and method for implementing fast payouts
11501267 · 2022-11-15 · ·

A system and method for implementing a fast payment is described. A request to execute a payout to a payee account is received, where the request includes information about the payout. At least one payment rail available for the requested payout is determined from a plurality of payment rails based on the included information. Rules associated with each of the at least one payment rail are identified. A fastest payment rail is determined from the at least one payment rail for executing the payout based on the identified rules and the information about the payout. The payout is then executed over the determined fastest payment rail.

ARCHITECTURE FOR CREATING AN ELECTRONIC CURRENCY INTEROPERABLE BETWEEN A PLURALITY OF MONETARY INSTITUTIONS
20220358472 · 2022-11-10 ·

The invention concerns an architecture comprising: at least one platform of an electronic money institution. The EMI platform being associated with at least one platform of a scriptural money holding establishment. A blockchain to which the EMI platform is connected, the blockchain allowing the EMI platform to create universal electronic money tokens as a function of the amount of scriptural money held by the EMI platform. The invention also allows a user of an EMI to request universal tokens from the EMI platform. The invention also allows the EMI platform to supply a user with universal tokens in response to such a request and allows a user to directly exchange universal tokens with users of the EMI.

CRYPTOCURRENCY SWAP PROTOCOL PROVIDING PAYMENT FUNCTION BASED ON LIQUIDITY POOL OVER DIFFERENT BLOCKCHAIN NETWORKS
20220358490 · 2022-11-10 ·

In accordance with an exemplary embodiment of the present invention, a method for providing a liquidity pool-based cryptocurrency transaction brokerage service, the method being performed by a processor executing instructions stored in a memory, includes a code providing step of providing payment codes for service supported cryptocurrencies to an account of a buyer in response to a purchase request of the buyer for a transaction target product registered by a seller, a payment confirmation step of confirming whether a payment stablecoin for which a payment cryptocurrency corresponding to the payment code selected by the buyer is exchanged through a payment liquidity pool is paid from the account of the buyer, a coin delivery step of delivering the payment stablecoin to an account of a service provider, and a cryptocurrency settlement step of delivering a settlement cryptocurrency for which a settlement stablecoin paid from the account of the service provider is exchanged through a settlement liquidity pool to an account of the seller.

NFT DIGITAL FRAME
20220358488 · 2022-11-10 ·

A NFT digital frame comprises a display screen to display NFT digital assets cryptographically secured in a decentralized Blockchain before decryption, a scanning unit to scan tokens which the storage addresses of the digital assets are mapped into, and a processor to identify the tokens and retrieve the data from the decentralized Blockchain. The tokens are one-to-one corresponded to the digital assets exclusively, so that the NFT digital frame can access and display the NFT digital assets via an identification of the tokens and acquisition of the digital asset in the Blockchain.

METHODS, APPARATUSES, AND NON-TRANSITORY COMPUTER-READABLE RECORD MEDIA FOR REWARD ON CRYPTOCURRENCY EXCHANGE
20220358532 · 2022-11-10 · ·

Disclosed are a method, a system, and a non-transitory computer-readable record medium for a reward on a cryptocurrency exchange. A cryptocurrency reward method includes determining a reward amount for a user that meets a reward condition in a cryptocurrency exchange, the reward amount being in a fiat currency, setting at least one cryptocurrency as at least one selected cryptocurrency based on a selection of the user, converting the reward amount into the at least one selected cryptocurrency to obtain at least one converted reward amount, and transferring the at least one converted reward amount to an account of the user.

KIOSK-BASED SYSTEMS AND METHODS FOR SELLING CRYPTOCURRENCIES
20230037633 · 2023-02-09 ·

A method for selling a cryptocurrency via a consumer-operated kiosk is provided. In some embodiments, the method: displays to a user, via a user interface, one or more options to purchase one or more cryptocurrencies; receives from the user, via the user interface, a selection of one of the cryptocurrencies; obtains a cryptocurrency exchange rate from a cryptocurrency exchange; presents the exchange rate to the user via the user interface; receives from the user payment for the selected cryptocurrency via a bill acceptor; purchases the selected cryptocurrency from the cryptocurrency exchange in an amount based on a value of the received payment and the exchange rate; and displays to the user, via the user interface, a receipt having a redemption code and a personal identification number (PIN), wherein both the redemption code and the PIN are necessary to obtain the selected cryptocurrency.

Methods for exchanging and evaluating virtual currency

There may be provided a secure ledger network for executing cryptocurrency transactions, the secure ledger network includes at least one hardware processor, a non-transitory machine-readable storage medium having an executable computer readable program code, the at least one hardware processor configured to execute the computer-readable program code to: receive, by the secure ledger network, a request to validate a smart contract that determines at least one rule for performing a transaction related to a first cryptocurrency token, wherein an execution of the transaction comprising determining a price of the first cryptocurrency token based on a status of the first cryptocurrency token, and a status of an other cryptocurrency token; determine whether to validate the smart contract; when determining to validate the smart contract then updating a secure ledger maintained by the secure ledger network with the smart contract; receiving, by the secure ledger network, a request to execute a transaction related to the first cryptocurrency token; performing the transaction by executing, by the secure ledger network, the smart contract; and updating the secure ledger about a completion of the transaction.

SELECTIVELY REDEEMABLE TELEHEALTH SERVICES
20230097995 · 2023-03-30 · ·

The invention relates to receiving a selection of a bundled set of healthcare services comprising at least one selectively redeemable healthcare service, the bundled set to be provided by a plurality of providers; generating an electronic health record comprising a purchase data record identified by and with a unique confirmation number; presetting an initial individual redemption status in the purchase data record for each selectively redeemable healthcare service of the bundled set of healthcare services as unredeemed; and providing a user access to the purchase data record to receive each selectively redeemable healthcare service. A service may be provided via an in-person visit. A service may be provided at a patient location remote from a provider location, via a telehealth visit. The telehealth visit may result in a prescription or referral for additional services such as imaging, using patient medical data updated based on symptom assessment during the telehealth visit.

REOCCURRING DIGITAL ASSET-BASED INTERACTION

A method includes initiating a reoccurring digital asset-based interaction between a first and second computing entity of a digital asset-based interaction system, providing, by the first computing entity, first computing entity information to the second computing entity, and storing, by the second computing entity, the first computing entity information. When the reoccurring digital asset-based interaction occurs, the method further includes sending, by the second computing entity, at least a portion of the first computing entity information and second computing entity information to a digital asset-based interaction computing entity, obtaining, by the digital asset-based interaction computing entity, the amount of the digital asset from the first computing entity, locking an amount of system digital asset to back the reoccurring digital asset-based interaction, and sending a confirmation to the second computing entity that the reoccurring digital asset-based interaction is successful.