Asset pack recommendation and management

US12131317B2 · kind B2 · utility

Assignee

• Block, Inc. · US

Inventors

• Kristopher David Stipech · West Hollywood, US
• Ryan Budd · San Francisco, US
• Daniel Shin · New York, US
• River Satya · San Francisco, US
• Brian Grassadonia · San Francisco, US
• Emily Chiu · San Francisco, US

Key dates

• Filing date: Jun 10, 2022
• Grant date: Oct 29, 2024
• Expiry date: Jun 10, 2042

Classification

• Technology area (CPC G): Physics
• CPC primary: G06Q20/10
• WIPO field: IT methods for management
• WIPO sector: Electrical engineering

Abstract

In one embodiment, a method includes obtaining, by a payment service system, an amount of security assets via a securities exchange system. The method includes determining amounts of security assets owned by the payment service system and users of the payment service system. The method includes receiving, via an application of the payment service system executing on a device of a user of the payment service system, a request from the user to sell an amount of a security asset owned by the user. The method includes facilitating execution of a sale of the amount of security assets. The method includes, prior to the sale request settling, depositing, by the payment service system, a currency account of the user with an amount of funds associated with a determined value of the security asset requested to be sold by the user.