Patent · US Active

Computer system for making a payment using a tip button

US9436935B2 · kind B2 · utility

62Cited by
2References
20Claims
0Family size

Assignee

Inventor

Key dates

Filing dateMar 17, 2015
Grant dateSep 6, 2016
Priority date
Expiry dateMar 17, 2035

Classification

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

Abstract

A system and method for transaction bitcoin is described. Bitcoin can be sent to an email address. No miner's fee is paid by a host computer system. Hot wallet functionality is provided that transfers values of some Bitcoin addresses to a vault for purposes of security. A private key of a Bitcoin address of the vault is split and distributed to keep the vault secure. Instant exchange allows for merchants and customers to lock in a local currency price. A vault has multiple email addresses to authorize a transfer of bitcoin out of the vault. User can opt to have private keys stored in locations that are under their control. A tip button rewards content creators for their efforts. A bitcoin exchange allows for users to set prices that they are willing to sell or buy bitcoin and execute such trades.

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