System For Electronically Transferring Assets

  • Published: Jul 7, 2016
  • Earliest Priority: Jan 06 2015
  • Family: 1
  • Cited Works: 0
  • Cited by: 10
  • Cites: 0
  • Additional Info: Full text

Methods, systems, and apparatus, including computer programs encoded on a computer storage medium, by a first computing device of a first user, for obtaining an image of a code presented on a display of a second computing device of a second user, deciphering the code to obtain an identifier of the second user and a signature, verifying that the signature is valid and, based thereon, initiating a first transaction: preventing the first user and the second user from entering into any other transactions until the first transaction is completed or canceled, receiving an acceptance of the first user to transfer a first amount of a digital currency to the second user, obtaining a digital currency network address of the second user based on the identifier, initiating the transfer through a digital currency network using the digital currency network address of the second user and a private key of the first user, reporting the transaction to a remote system, receiving a confirmation from the first user that a second amount of a real currency has been received from the first user, and sending a notification to the second device indicating that the transaction is complete.

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Document History
  • Publication: Jul 7, 2016
  • Application: Jan 6, 2015
    US US 201514590843 A
  • Priority: Jan 6, 2015
    US US 201514590843 A

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