Methods And Systems For Regulating Operation Of Units Using Encryption Techniques Associated With A Blockchain

  • Published: Aug 24, 2017
  • Earliest Priority: Jun 09 2015
  • Family: 1
  • Cited Works: 0
  • Cited by: 5
  • Cites: 0
  • Additional Info: Full text

Methods and systems for regulating generation of units according to at least one encryption technique associated with a blockchain are disclosed. In some embodiments, a system includes a communication device configured to communicate with a computing device executing an application and a processor configured to execute instructions to perform operations. The operations include receiving transaction information describing a transaction; based on the transaction, determining product awards for at least one product awards program for the transaction; using the blockchain, determining a real-time conversion rate for the transaction, where the real-time conversion rate is regulated by the at least one encryption technique; based on the real-time conversion rate, converting the product awards to units; and entering into the blockchain encrypted data associated with the transaction, wherein the encrypted data is encrypted according to the at least one encryption technique.

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Document History
  • Publication: Aug 24, 2017
  • Application: Jun 9, 2016
    US US 201615178279 A
  • Priority: Jun 9, 2016
    US US 201615178279 A
  • Priority: Jun 9, 2015
    US US 201562173296 P

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