Account owner funding of know your customer and accredited investor verification renewal and monitoring charges through coin payment
US12051078B2 · kind B2 · utility
Assignee
Inventor
Key dates
| Filing date | Dec 18, 2020 |
| Grant date | Jul 30, 2024 |
| Priority date | — |
| Expiry date | Apr 10, 2041 |
Classification
- Technology area (CPC H)Electricity
- CPC primaryH04L2209/56
- WIPO fieldIT methods for management
- WIPO sectorElectrical engineering
Abstract
A computerized method includes receiving payment of an amount of cryptocurrency from a transaction account to another account. The computerized method also includes, when the payment of the amount of cryptocurrency is received at the another account from the transaction account, causing at least one of KYC, AML, and accredited investor review to be performed for an owner of the account. The computerized method also includes, when the at least one of the KYC, AML, and accredited investor review causes a status of the owner of the account to change, at least one of adding or removing at least one indication of the owner's status to a distributed ledger.
Source: USPTO / EPO open patent data. Objective bibliographic and citation counts.