Patent SG-11201809112V-A (SG)
Title: Digital asset distribution by transaction device
Inventor: ARENDT JOHN
IPC: G06Q40/02
Filed: 2016-07-15
Abstract: INTERNATIONAL APPLICATION PUBLISHED UNDER THE PATENT COOPERATION TREATY (PCT) (19) World Intellectual Property Organization International Bureau (43) International Publication Date 18 January 2018 (18.01.2018) W I PO I PCT °mons onolo olomommom oimIE (10) International Publication Number WO 2018/013144 Al (51) International Patent Classification: G06Q 20/30 (2012.01) G06Q 20/04 (2012.01) G06Q 40/02 (2012.01) G06Q 20/36 (2012.01) G06Q 20/38 (2012.01) (21) International Application Number: PCT/US2016/042653 (22) International Filing Date: 15 July 2016 (15.07.2016) (25) Filing Language: English (26) Publication Language: English (71) Applicant: VISA INTERNATIONAL SERVICE ASSOCIATION [US/US]; P.O. Box 8999, San Francisco, California (US). (72) Inventors: ARENDT, John; 250 Baldwin Avenue, Apt. No. 802, San Mateo, CA 94401 (US). PRAKASH, Gyan; 1106 Admiralty Lane, Foster City, CA 94404 (US). SIVA- NARAYANA, Gaddam; 3770 Flora Visa Avenue, Apt. No. 307, Santa Clara, CA 95051 (US). (74) Agent: TAKAGI, Moeka et al.; Kilpatrick Townsend and Stockton, LLP, VISA Mailstop: IP Docketing - 22, 1100 PeachtreeStreet, Suite 2800, Atlanta, GA 30309 (US). (81) Designated States (unless otherwise indicated, for every kind of national protection available): AE, AG, AL, AM, AO, AT, AU, AZ, BA, BB, BG, BH, BN, BR, BW, BY, BZ, CA, CH, CL, CN, CO, CR, CU, CZ, DE, DK, DM, DO, DZ, EC, EE, EG, ES, FI, GB, GD, GE, GH, GM, GT, HN, HR, HU, ID, IL, IN, IR, IS, JP, KE, KG, KN, KP, KR, KZ, LA, LC, LK, LR, LS, LU, LY, MA, MD, ME, MG, MK, MN, MW, MX, MY, MZ, NA, NG, NI, NO, NZ, OM, PA, PE, PG, PH, PL, PT, QA, RO, RS, RU, RW, SA, SC, SD, SE, SG, SK, SL, SM, ST, SV, SY, TH, TJ, TM, TN, TR, TT, TZ, UA, UG, US, UZ, VC, VN, ZA, ZM, ZW. (84) Designated States (unless otherwise indicated, for every kind of regional protection available): ARIPO (BW, GH, GM, KE, LR, LS, MW, MZ, NA, RW, SD, SL, ST, SZ, TZ, UG, ZM, ZW), Eurasian (AM, AZ, BY, KG, KZ, RU, TJ, TM), European (AL, AT, BE, BG, CH, CY, CZ, DE, DK, EE, ES, FI, FR, GB, GR, HR, HU, IE, IS, IT, LT, LU, LV, MC, MK, MT, NL, NO, PL, PT, RO, RS, SE, SI, SK, SM, (54) Title: DIGITAL ASSET DISTRIBUTION BY TRANSACTION DEVICE 50 USER 310 50 S53 READER DEVICE 320 S42j S47 COMPUTING A DEVICE 330 ISSUER ) NODE 340 - - S45 S44 V FINANCIAL INSTITUTION COMPUTER 350 S41 S40 ..) S46 S43 LEDGER 370 S51 S52 S48 S50 DIGITAL ASSETS SERVICE PROVIDER COMPUTER 360 DIGITAL ASSETS ) PAYMENT NETWORK 380 MANAGER MANAGER )-1 NODE ; NODE S49 381 a 382 V USER 312 FIG. 3 (57) : A user can associate a digital asset corresponding to a value with a transaction device to be used by another user. For example, a first user can load a digital asset corresponding to a cryptocurrency amount onto a transaction device, where the first user then provides the transaction device to a second user. The second user can utilize the cryptocurrency amount on the transaction device to conduct a transaction. The generation and use of digital assets can be managed using ledgers that store data in the form of block chains. [Continued on next page] WO 2018/013144 Al MIDEDIMOMOIDEIROHOINIIMOMOMOIOMOHEMOVOIS TR), OAPI (BF, BJ, CF, CG, CI, CM, GA, GN, GQ, GW, KM, ML, MR, NE, SN, TD, TG). Published: — with international search report (Art. 21(3))