Patent ID: 11880843
Assignee: CAPITAL ONE SERVICES, LLC
Field: IT methods for management (Electrical engineering)
Classification: CPC G | IPC G

Claim 10:
11. A non-transitory computer-accessible medium having stored thereon computer-executable instructions for automatically initiating a payment, wherein, when a computer arrangement executes the instructions, the computer arrangement is configured to perform procedures comprising:
receiving a first location of at least one user device associated with a user and a first time information associated with the at least one user device associated with a user, wherein the first location is within a first bounded area, wherein the first geographically bounded area comprises a boundary and a degree of uncertainty around the boundary, wherein the degree of uncertainty corresponds to a degree of error in the boundary;
initiating a record for the at least one user device associated with a user based on the first location and the first time information;
receiving a second location of the at least one user device associated with a user and a second time information associated with the at least one user device associated with a user, wherein the second location is in a second bounded area that is contained within the first bounded area;
calculating at least one first transaction based on at least the first location, the second location, and the first time information and the second time information associated with the first location and second location;
storing the at least one first transaction associated with the at least one user device associated with a user based on the second location, the first transaction further comprising a first transaction value, a first payment information and a first location information;
receiving a third location of the at least one user device associated with a user, wherein the third location is in a third bounded area that is contained within the first bounded area;
storing at least one second transaction associated with the at least one user device associated with a user based on the third location, the at least one second transaction further comprising a second transaction value, a second payment information and a second location information;
modifying, based on at least one parameter, the at least one first transaction by at least increasing or decreasing the first transaction value and the at least one second transaction by at least increasing or decreasing the second transaction value prior to automatically initiating a single cryptocurrency payment;
creating at least one lightning network associated with the at least one user for the single cryptocurrency payment;
dynamically modifying the second geographically bounded area using at least one neural network and at least one trained boundary definition model;
transmitting to the at least one user device associated with a user, a verification request to initiate the single cryptocurrency payment based on the at least one user device associated with a user entering the dynamically modified second geographically bounded area;
receiving from the at least one user device associated with a user, a verification confirmation confirming the initiation of the single cryptocurrency payment based on the at least one user device associated with a user entering the dynamically modified second geographically bounded area; and
automatically initiating, using the at least one lighting network, the single cryptocurrency payment for the at least one first transaction and the at least one second transaction based on the at least one user device associated with a user entering the dynamically modified second geographically bounded area.