Location aware trust-based peer-to-peer currency exchange
US10748143B2 · kind B2 · utility
Assignee
Inventors
Key dates
| Filing date | Nov 19, 2015 |
| Grant date | Aug 18, 2020 |
| Priority date | — |
| Expiry date | Feb 19, 2038 |
Classification
- Technology area (CPC G)Physics
- CPC primaryG06Q20/405
- WIPO fieldIT methods for management
- WIPO sectorElectrical engineering
Abstract
Embodiments of the invention provide for a location aware trust based currency exchange. A method for location aware trust based currency exchange includes receiving in a mobile device on behalf of an end user a request to conduct a peer-to-peer currency exchange transaction. A database is then queried for a listing of partners geographically proximate to a location indicated by the request, the listing including both a trust value for each of the partners indicative of a trustworthiness for a corresponding one of the partners and also an exchange rate offered for each of the partners. The listing is then displayed in the mobile device. Finally, in response to the end user selecting one of the partners in the listing, a message is transmitted to the selected one of the partners indicating a desire by the end user to conduct the peer-to-peer currency exchange transaction.
Source: USPTO / EPO open patent data. Objective bibliographic and citation counts.