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

Claim 16:
17. A system, comprising:
at least one user device associated with a user;
a communication point comprising at least one broadcast beacon located within a first bounded location;
a data storage unit; and
a server further comprising a memory and a processer, wherein the processor:
receives a first location of the 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;
initiates a record for the at least one user device associated with a user based on the first location and the first time information;
receives 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;
calculates at least one first transaction based on at least the first location, the second location, and the first time information and second time information associated with the first location and second location;
stores, in the record, at least the first location, the second location, and the at least one transaction associated with the at least one user device associated with a user based on the second location, the transaction further comprising at least a transaction value, payment information and location information;
modifies the at least one transaction by at least increasing or decreasing the transaction value based on at least one parameter prior to automatically initiating a single cryptocurrency payment;
modifying the at least one transaction by at least increasing or decreasing the transaction value based on at least one parameter prior to automatically initiating a single cryptocurrency payment;
creates at least one lightning network associated with the at least one user for the single cryptocurrency payment;
dynamically modifies the second geographically bounded area using at least one neural network and at least one trained boundary definition model;
transmits 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;
receives 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 initiates, using the at least one lighting network, the single cryptocurrency payment for the at least one transaction based on the confirmation or the rejection based on the at least one user device associated with a user entering the dynamically modified second geographically bounded area.