Techniques for transaction management
US10628807B2 · kind B2 · utility
Assignee
Inventor
Key dates
| Filing date | Aug 16, 2016 |
| Grant date | Apr 21, 2020 |
| Priority date | — |
| Expiry date | Nov 6, 2038 |
Classification
- Technology area (CPC G)Physics
- CPC primaryG06Q20/405
- WIPO fieldIT methods for management
- WIPO sectorElectrical engineering
Abstract
One embodiment of the invention is directed to a method for allocating and tracking funds to connected devices to enable the connected devices to perform transactions independently. The method may comprise, receiving, at a management computer, an input amount. The input amount may be associated with a first data store. The management computer may allocate one or more segments of the input amount to one or more corresponding connected devices. The management computer may associate the one or more segments with a second data store. In at least one example, the individual segment allocated to a connected device enables the connected device to conduct a transaction. The management computer may provide the allocated segment to the connected device. Later, the management computer may receive a residual segment amount from the device and may deallocate some portion of the segment amount from the device based on the residual segment amount.
Source: USPTO / EPO open patent data. Objective bibliographic and citation counts.