Peer-to-peer donation management
US12008605B2 · kind B2 · utility
Assignee
Inventors
Key dates
| Filing date | Feb 16, 2022 |
| Grant date | Jun 11, 2024 |
| Priority date | — |
| Expiry date | Oct 24, 2042 |
Classification
- Technology area (CPC G)Physics
- CPC primaryG06Q30/0631
- WIPO fieldIT methods for management
- WIPO sectorElectrical engineering
Abstract
An embodiment for managing peer-to-peer (P2P) donations in an online transaction is provided. The embodiment may include receiving data relating to a donation agreement from a donor. The embodiment may also include selecting one or more authentication techniques to identify a donee. The embodiment may further include generating a unique redemption authentication token for the donee. The embodiment may also include creating a transient donee account including the generated unique redemption authentication token. The embodiment may further include transferring monetary funds to the created transient donee account with instructions to redeem the transferred monetary funds. The embodiment may also include receiving a request from the donee to redeem the transferred monetary funds utilizing the generated unique redemption authentication token. The embodiment may further include in response to determining the donee is able to be verified, approving the received redemption request.
Source: USPTO / EPO open patent data. Objective bibliographic and citation counts.