System and method to activate a card leveraging a virtual environment

US12306922B2 · kind B2 · utility

Assignee

• Bank of America Corporation · US

Inventors

• Amardeep Singh Talwar · New Delhi, IN
• Sukanya V · Chennai, IN
• Shailendra Singh · Thane, IN
• Ashutosh Tripathi · Bengaluru, IN
• Gaurav Sachdeva · Gurugram, IN
• Salma Umme · Hyderabad, IN
• Sharvani Ganachary · Hyderabad, IN
• Shyam Prasad Rokula · Hyderabad, IN
• Bhagat Kumar Allugubelly · Hyderabad, IN
• Kavitha Hariharan · Chennai, IN
• Charles Joseph Fernandez · Hyderabad, IN
• Raj Kiran Akkera · Secunderabad, IN
• Sarabjeet Kaur · Delhi, IN
• Jai Issrani · Ramnagar, IN

Key dates

• Filing date: Nov 7, 2022
• Grant date: May 20, 2025
• Expiry date: Oct 13, 2043

Classification

• Technology area (CPC G): Physics
• CPC primary: G06F21/34
• WIPO field: Computer technology
• WIPO sector: Electrical engineering

Abstract

An apparatus for activating a physical card in a virtual environment comprises a processor associated with a server. The processor is configured to receive a request to issue a physical card to a first user and to generate a first non-fungible token (NFT) for storage in the physical card, wherein the first NFT is then displayed as a digital card in a virtual environment. The processor is further configured to receive the digital card in an interaction and to generate a second NFT. The processor is further configured to combine the first NFT and the second NFT to generate an activation NFT that allows the physical card to access a profile corresponding to the first user during an interaction. The processor is further configured to transmit the activation NFT and an instruction to the first user device to store the activation NFT in the physical card.