Patent · US Active

Decentralized cryptographic asset exchange with secure interactive element

US12277562B1 · kind B1 · utility

0Cited by
52References
20Claims
0Family size

Assignee

Inventors

Key dates

Filing dateJul 14, 2022
Grant dateApr 15, 2025
Priority date
Expiry dateNov 21, 2042

Classification

  • Technology area (CPC G)Physics
  • CPC primaryG06Q2220/00
  • WIPO fieldIT methods for management
  • WIPO sectorElectrical engineering

Abstract

A payment service system receives a request from a user's device for an exchange between a first asset (e.g., a fiat currency) and a second asset (e.g., a cryptocurrency) via an agent, and identifies the agent based on context of the request. The system generates an interactive element, provides the interactive element to the user's device, and detects when the agent's device interacts with the interactive element on the user's device. The system verifies respective identities of the user and the agent based on the interaction. The system verifies that the first asset has been transferred between the user and the agent, and facilitates transfer of the second asset between an account associated with the user and an account associated with the agent and/or the payment service system.

Source: USPTO / EPO open patent data. Objective bibliographic and citation counts.