Patent classifications
G06Q20/3678
METHOD AND SYSTEM FOR GENERATION OF A HIGH ASSURANCE PAYMENT TOKEN
A method for generating a high assurance payment token, includes: receiving an EMV cryptogram and verification data; validating the EMV cryptogram; and generating a high assurance payment token.
AUTOMATING DIGITAL ASSET TRANSFERS BASED ON HISTORICAL TRANSACTIONS
Systems and methods are disclosed for automating digital asset transfers based on historical transactions. In one implementation, a notification corresponding to a first transaction or operation associated with a first entity is received. Based on the notification, a second transaction or operation is initiated with respect to one or more digital tokens. One or more digital tokens are received in response to the second transaction. At least one of the one or more digital tokens, as secured via one or more cryptographic keys, is stored in a wallet associated with the first entity.
SYSTEMS AND METHODS FOR SPECIALIZED CRYPTOCURRENCY TRANSACTIONS
A method for specialized cryptocurrency transactions may comprise determining that an entity comprises a member of a class. An account associated with the cryptocurrency or a blockchain may be generated for the entity. At least a portion of a unit of the cryptocurrency may be transferred to the entity. A transaction may be generated to transfer units of the cryptocurrency to a recipient. It may be determined that the recipient is a member of the class associated with the cryptocurrency. If the recipient is a member, the units may be transferred to the recipient. The transaction may be added to the blockchain. If the recipient is not a member, the units may be exchanged for units of another cryptocurrency. The units of the other cryptocurrency may be transferred to the recipient.
Asset Sharing Blockchain
An asset sharing blockchain is provided, including multiple nodes serially connected using blockchain technology. Each node may include an access interface available for call by another asset sharing blockchain and a repository storing data, a smart contract code and a computation result available for call by another asset sharing blockchain.
VALUE OPTIMIZING DATA STORE
An example operation may include one or more of connecting, by a wallet node, to a blockchain network comprised of a plurality of peer nodes, at least one unspent transaction output (UTXO) exchange platform node and at least one secondary UTXO market node, identifying, by the wallet node, a UTXO generated by a peer node of the plurality of the peer nodes, computing, by the wallet node, a new value of the UTXO if the UTXO has at least one characteristic of interest (COI), updating, by the wallet node, a previous value of the UTXO based on an elapsed time between events associated with the at least one COI, submitting, by the wallet node, the new value of the UTXO to the peer node of the plurality of the peer nodes, and executing, by the wallet node, a smart contract to reverse the UTXO if the peer node of the plurality of the peer nodes rejects the computed value of the UTXO.
ELECTRONIC TRADE PROCESSING SYSTEM AND METHOD
In one implementation, a computer-implemented method, executed on a computing device and configured to effectuate a clearing platform, includes: enabling agent functionality for a plurality of clients with respect to a Value Unit Repository (VUR) and a plurality of custodial accounts defined therein; receiving a plurality of matched orders concerning a plurality of parties from a distributed ledgering system. thus defining a batch of matched orders; and effectuating the clearing of the batch of matched orders including: performing a netting operation to determine a net asset amount for each of the plurality of parties, and transferring the net asset amount for each of the plurality of parties to a custodial account associated with each of the plurality of parties.
ELECTRONIC TRADE PROCESSING SYSTEM AND METHOD
In one implementation, a computer-implemented method, executed on a computing device and configured to effectuate a clearing platform, includes: enabling agent functionality for a plurality of clients with respect to a Value Unit Repository (VUR) and a plurality of custodial accounts defined therein; receiving a plurality of digitally-signed matched orders concerning a plurality of parties. thus defining a batch of digitally-signed matched orders; and effectuating the clearing of the batch of digitally-signed matched orders including: performing a netting operation to determine a net asset amount for each of the plurality of parties, and seeking multi-party approval to transfer the net asset amount for each of the plurality of parties to a custodial account associated with each of the plurality of parties.
ELECTRONIC TRADE PROCESSING SYSTEM AND METHOD
In one implementation, a computer-implemented method, executed on a computing device and configured to effectuate a trading platform, includes: maintaining a local balance datastore with balance information received from a Value Unit Repository (VUR); executing a matched order concerning a plurality of parties; and updating one or more balances defined within the local balance datastore and associated with the plurality of parties to reflect the execution of the matched order.
SYNCING BLOCKCHAIN NODES WITH SNAPSHOTS
System and method for synchronizing blockchain nodes by using snapshots.
Token-based transaction system and method to facilitate non-cash payments without using personally identifiable information data
A system and method for token-based transactions to facilitate non-cash payments without using personally identifiable information data is disclosed. The system generally includes at least one computer processor and a module, which when executed by the at least one computer processor, causes the computer processor to exchange data representative of a request for identification with a computing device of a Payer Entity. The computer processor generates a signed Digital Debt Obligation, including purchase metadata comprising currency and at least one preferred payment provider, and sends the signed digital debt to the computing device of the Payer Entity. The computer processor receives data representing an approved Digital Debt Obligation from the computing device of the Payer Entity and verifies the approved Digital Debt Obligation. The computer processor sends data representative of the approved Digital Debt Obligation to a Payment Processor and queries the Payment Processor for supported payment methods. The computer processor then submits the approved Digital Debt Obligation to a payment provider's service entry point to complete the transaction.