A method includes initiating, by a payor computing device associated with a first jurisdiction, a payment of a desired amount to a payee computing device associated with a second jurisdiction. The method further includes receiving, by a cryptocurrency acceptance network computing device, a request to process the payment and placing a hold on collateral cryptocurrency. The method further includes sending, by the payor computing device, first cryptocurrency to the cryptocurrency acceptance network computing device, where the cryptocurrency acceptance network computing device sends the first cryptocurrency to a first cryptocurrency exchange device associated with the first jurisdiction to be converted to an amount of universally accepted cryptocurrency and sent to a second cryptocurrency exchange device associated with the second jurisdiction where the second cryptocurrency exchange device converts the amount of the universally accepted cryptocurrency to a desired currency and sends the amount of the desired currency to the payee computing device.

A method includes initiating, by a user computing device, a payment with a merchant computing device. The method further includes determining, by a network computing device, an amount of collateral tokens required to back the payment. The method further includes depositing, by the user computing device, the amount of the collateral tokens in a smart contract. The amount of collateral tokens is locked in the smart contract to back the payment. The method further includes sending, by the network computing device, an amount of a desired currency to the merchant computing device to complete the payment. The method further includes sending, by the merchant computing device, a fee to the network computing device for facilitating the payment. The method further includes converting, by the network computing device, the fee to collateral tokens, and depositing the collateral tokens in one or more smart contracts as rewards.

A method comprises initiating, by a by a cryptocurrency wallet of a user computing device of one or more user computing devices of a cryptocurrency collateral system, a payment with a merchant computing device of the cryptocurrency collateral system. The merchant computing device accepts a desired currency. The method further includes determining, by a network computing device of the cryptocurrency collateral system, an amount of collateral cryptocurrency required to back the payment. The method further includes locking, by the cryptocurrency wallet, the amount of the collateral cryptocurrency to back the payment. The method further includes sending, by the network computing device, an amount of the desired currency to the merchant computing device to complete the payment. When the cryptocurrency wallet sends funds to the network computing device to cover the payment, the method further includes releasing, by the cryptocurrency wallet, the amount of the collateral cryptocurrency.

A method for verifying transactions is discussed. The method includes receiving a transaction request for performing a transaction between a user account and a merchant account. The method includes determining, based on authentication of the user account, a common identifier associated with the user account, the common identifier indicating the user account being authorized for use at a plurality of merchant accounts including the merchant account. The method includes determining a payment token for performing the transaction, the determining the payment token based on the common identifier and a user associated with the user account. The method also includes providing the payment token for completing the transaction.

A system and method for bootstrapping a cryptographic ledger based on stake in a fiat currency. Stake can be verified using proof of cash systems involving anti-spoofing, anti-counterfeiting, and remote verification and transaction functionality. Stake can further or otherwise be verified using proof of balance systems involving verification of one or more balances using a service of a financial institution or data provider. These systems, together or separately, can be utilized to implement a cryptographic currency and application platform enabling financial transaction and general computing capabilities, in accordance with various embodiments of the invention.

In a blockchain networking environment, a wallet keying system creates a private key that is used for authorizing user transactions while negating the need for the private key to be hosted on a user device or in a user application such as a blockchain wallet. The private key is fragmented and stored in a distributed fashion to prevent unauthorized access. To ensure scalability and network performance, a shard system allows the movement of users and user applications and tools within a decentralized and distributed blockchain network to enable better network balance and utilization of available resources at the local node level. A network provisioner is permitted to impose and adjust restrictions applied to a wallet or on blockchain tokens with the restrictions either being adjusted based on milestones and measured parameters or manually.

An electronic device is provided. The electronic device includes a memory, a communication circuit, and a processor, wherein the memory stores instructions which, when executed, cause the processor to receive a message from an external electronic device, the message including a blockchain address corresponding to a blockchain account and an identifier corresponding to at least one blockchain transaction related to the blockchain address, obtain blockchain transaction information related to the identifier from a node included in a blockchain network related to the blockchain address using the communication circuit, based on a request for remitting cryptocurrency to the blockchain address, when the blockchain transaction information obtained from the node corresponds to the blockchain address, remit the cryptocurrency to the blockchain address via the blockchain network, using the communication circuit and, when the blockchain transaction information obtained from the node does not correspond to the blockchain address, refrain from remitting the cryptocurrency to the blockchain address via the blockchain network.

The disclosure relates to a method for requesting and granting priority between a host vehicle and other vehicles, and to a system which implements the method. The host vehicle, through the use of on-board vehicle sensors, detects and identifies an impeding vehicle which interferes with the host vehicle's path. The host vehicle transmits a priority request to the impeding vehicle. The priority request includes a remuneration offer. The impeding vehicle evaluates the priority request, including the sufficiency of the host vehicle's remuneration offer, and grants or denies the host vehicle's priority request. If granted, the impeding vehicle modifies its path to be less impeding to the host vehicle, for example by assuming a cooperative path that lets the host vehicle pass the impeding vehicle.

Described herein is a system for generating a master token to be associated with a set of tokens. In some embodiments, a number of tokens may be obtained by a communication device, which may be provided to a primary authorization computer. The primary authorization computer may generate a master token to be associated with each of those tokens. When the master token is used to complete a transaction, an authorization request may be received by the primary authorization computer that includes the master token. Upon receiving this, the primary authorization computer may obtain approval from a number of secondary authorization computers associated with the tokens, and may generate an authorization response based on those approvals.

A graphical user interface (GUI) and operator console management system for a distributed terminal network is described. In some embodiments, the terminals may be hardware terminals, kiosks, or clients. In some embodiments, a security analysis may be performed, and security scores may be determined, for visitors requesting operations at terminals based on an operator configuration. Security scores may be determined by a provider, in communication with the operator terminals, based on aggregation of a plurality of factors, wherein each factor may be weighted. The factors may incorporate operator settings or preferences. In one embodiment, the factors include one or more facial recognition factors. The one or more facial recognition factors may be used for biometric authentication. The provider may use the security scores to determine user privileges or permissions for the operations. The provider may deliver instructions or messages to the terminals based on the determinations.