A cryptocurrency protocol and system and method for use of the same are disclosed. In one embodiment of the cryptocurrency protocol, a contingent financial transaction request is received. A blockchain addition mapping to a distributed accounting subledger of interest is performed to create contingent stored value. This blockchain addition mapping includes the contingent financial transaction request entered as an appended pair of contingent accounting entries including a corresponding debit entry and credit entry with validation detail data. If the appended pair of contingent accounting entries are validated, a blockchain addition mapping to a distributed accounting ledger of interest is performed to enter the contingency financial transaction request as an appended pair of accounting entries including the corresponding debit entry and credit entry.

Described are methods for placing a precondition over collateral. Such methods include the steps of receiving, at a first point in time, initiation details of a transfer initiated by an initiator, the initiation details comprising a payment vehicle reference, transfer identifier and a transfer value, and sending the payment vehicle reference, transfer identifier and transfer value to a transfer network. Afterward, one transfer securement server is determined, from a plurality of transfer securement servers each administered by a transfer securement administrator, based on the payment vehicle reference, the one transfer securement server being associated with the payment vehicle reference.

A method of transferring money from a sender to a recipient using a third party money transfer service a point of sale device receiving transaction details for a requested money transfer; determining whether the requested transaction is an allowable transaction; and either aborting the transaction; attempting to identify the sender as an existing customer using the transaction details; using the sender's transaction history and the transaction details to determine whether to allow the requested transaction to proceed. If the requested transaction is allowed to proceed, the method includes creating a money transfer record for the requested transaction; associating a money transfer control number to the money transfer record; and using the transaction details to determine whether to monitor the requested transaction.

Embodiments of the invention are directed to a system, method, or computer program product for generation, deployment, and execution of a one-time abstraction coding network for resource deployment. The system may provide a single use code for a single anonymous resource distribution at any location. The system may provide a user with access to a one-time abstraction code to use to complete a resource distribution for event processing. The system may link to the entity associated with the event to process resource distribution via a system owned resource vehicle for complete anonymity of the user.

Techniques and arrangements for capturing payments in cases involving a failed authorization. In some instances, a point-of-sale (POS) device may process a transaction while operating in an offline mode, and then send information regarding the transaction to a remote service after transitioning to an online mode. The remote service may attempt to authorize a payment instrument tendered to satisfy a cost of the transaction. In instances in which the payment instrument is declined, one or multiple payment-capture techniques may be utilized to capture a payment that satisfies at least a portion of the cost of the transaction.

A beverage dispensing system employs a user-wearable device that contains identification data. The user is associated with the wearable device using the identification data and provides an initial purchase credit also stored in association with the wearable device. To make a purchase, the user positions the wearable device in proximity with a sensor co-located with a beverage dispenser. The sensor receives the identification data and provides it to a payment processor. The processor determines if the purchase request is less than the stored purchase credit and, if so, activates an actuator positioned between a beverage storage container and a beverage dispenser outlet to thereby dispense the beverage. The processor deducts the purchase amount from the available credit and stores the new credit value. The wearable device may communicate wirelessly with the sensor. The processor may be part of the beverage dispenser or remotely located and communicate via a network.

Systems and methods for real-time payment on delivery via a request for payment are disclosed. In one embodiment, a method may include: receiving, at a merchant application associated with a merchant, an order for a good to be submitted to a distributor; communicating, to a payment on demand (POD) application executed by a backend, the order; receiving, at the merchant application and from the POD application, a notification that a delivery vehicle for the good is en route to a merchant location; receiving, at the merchant application and from the POD application, a request for payment for the good after the good is delivered, wherein the distributor confirms delivery with the POD application; and communicating, by the merchant application and to the POD application, receipt of the good from the distributor; wherein the POD application executes payment for the good from a merchant account to a distributor account.

An information processing system including an IC chip, a client driving the IC chip to carry out predetermined processing, a server connected to the client by a communication network, wherein the client has a processing-command requesting section configured to request for transmission of a processing command to the server; an ID-acquisition-command sender section configured to transmit an ID acquisition command; a chip-ID extraction section configured to extract the chip ID; and a processing-command sender section configured to embed the extracted chip ID into the processing command and transmit the command. The server has a command-group sender section configured to send the command. The IC chip has a chip-ID sender section configured to transmit data; a chip-ID determination section configured to determine whether the chip ID in the command is identical with the chip ID of the IC chip; and a processing execution section configured to carry out the predetermined processing.

A first request for a transfer of data is transmitted in response to the use of a user device; it is determined that the first request for the transfer of data has been declined; an event is detected that indicates that the transfer of data in response to the use of the user device can be accepted; and a second request for the transfer of data is transmitted in dependence on detecting that the event has occurred.

An information handling system may include at least one processor; and a non-transitory memory coupled to the at least one processor. The information handling system may be configured to: receive, from a borrowing party, a request for a loan from a lending party for servicing a debt owed to a creditor party; transmit, to the lending party, information relating to the request; determine loan repayment terms; cause a first amount of funds to be debited from the lending party in a first transaction; and cause a second amount of funds to be credited to the creditor party in a second transaction.