CRYPTO MANAGEMENT

A consumer links a cryptocurrency wallet to their loyalty account and creates a profile that includes a default fiat currency amount to add to transaction totals during transactions at a terminals. During a transaction, the wallet and profile are obtained using the loyalty account of a registered co...

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Bibliographic Details
Main Authors Massey, Jerry Steven, Morgan, Kip Oliver, Jong, Wuchieh James, Bennett, Gina Torcivia, Lee, Kelli
Format Patent
LanguageEnglish
Published 29.08.2024
Subjects
CALCULATING
COMPUTING
COUNTING
DATA PROCESSING SYSTEMS OR METHODS, SPECIALLY ADAPTED FORADMINISTRATIVE, COMMERCIAL, FINANCIAL, MANAGERIAL, SUPERVISORYOR FORECASTING PURPOSES
PHYSICS
SYSTEMS OR METHODS SPECIALLY ADAPTED FOR ADMINISTRATIVE,COMMERCIAL, FINANCIAL, MANAGERIAL, SUPERVISORY OR FORECASTINGPURPOSES, NOT OTHERWISE PROVIDED FOR
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Summary:A consumer links a cryptocurrency wallet to their loyalty account and creates a profile that includes a default fiat currency amount to add to transaction totals during transactions at a terminals. During a transaction, the wallet and profile are obtained using the loyalty account of a registered consumer. When the consumer selects an option to pay for their transaction, an overlaid screen is presented to the consumer on the display of the terminal requesting that the consumer confirm the fiat currency amount. When the consumer confirms, the transaction total for the transaction is rounded up by the fiat currency amount. A background workflow is automatically initiated after payment is confirmed on behalf of the user. The workflow uses the fiat currency amount to purchase and transfer an equivalent amount of cryptocurrency into the consumer's wallet over the blockchain.
Bibliography:Application Number: US202318115323