Cryptocurrency Transaction Payment System

  • Published: Dec 17, 2015
  • Earliest Priority: Jun 16 2014
  • Family: 1
  • Cited Works: 0
  • Cited by: 19
  • Cites: 10
  • Additional Info: Full text
Abstract

A system comprises a memory operable to store a customer account associated with a customer and a processor communicatively coupled to the memory. The processor is able encode cryptocurrency information associated with the customer account onto a payment instrument. The processor is also able to receive a request for a cryptocurrency transaction from the customer using the payment instrument. In response to receiving the request, the processor is able to determine cryptocurrency information associated with the customer account and determine cryptocurrency information associated with a recipient. The processor is further able to associate the first amount of cryptocurrency with the customer account and initiate a transfer of the first amount of cryptocurrency to an account associated with the recipient.


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Document History
  • Publication: Dec 17, 2015
  • Application: Jun 16, 2014
    US US 201414305893 A
  • Priority: Jun 16, 2014
    US US 201414305893 A

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