Patent SG-11201908959S-A (SG)
Title: Digital asset account management
Inventor: PRAKASH GYAN
IPC: G06Q20/06
Filed: 2018-02-27
Abstract: TRANSMIT TRANSFER REQUEST DIGITAL ASSET SERVICE PROVIDER COMPUTER 110 USER 604 USER COMPUTING DEVICE 602 - 5. CREATE DIGITAL ASSET ACCOUNT FOR USER 604 AND USER 608 2. TRANSMIT TRANSFER REQUEST TO TRANSFEREE USER COMPUTING DEVICE 606 USER 608 3. USER 608 REQUESTS THE TRANSFER TO BE CONDUCTED WITH DIGITAL ASSETS 8. NOTIFY USER 608 THAT DIGITAL ASSET IS AVAILABLE FOR USE 600 FINANCIAL INSTITUTION COMPUTER 114 6. TRANSMIT TRANSACTION REQUEST 7. RECEIVE TRANSACTION RESPONSE 4. TRANSMIT DIGITAL ASSET REQUEST FIG. 6 co O 00 O O (12) INTERNATIONAL APPLICATION PUBLISHED UNDER THE PATENT COOPERATION TREATY (PCT) (19) World Intellectual Property Organization International Bureau (43) International Publication Date 15 November 2018 (15.11.2018) WIPO I PCT omit VIII °nolo Holollm mil °Holm° oimIE (10) International Publication Number WO 2018/208362 Al (51) International Patent Classification: GO6Q 20/06 (2012.01) GO6Q 20/36 (2012.01) GO6Q 20/38 (2012.01) H04L 9/06 (2006.01) (21) International Application Number: PCT/US2018/020015 (22) International Filing Date: 27 February 2018 (27.02.2018) (25) Filing Language: English (26) Publication Language: English (30) Priority Data: 15/592,965 11 May 2017 (11.05.2017) US (71) Applicant: VISA INTERNATIONAL SERVICE COR- PORATION [US/US]; 900 Metro Center Boulevard, Fos- ter City, California 94404 (US). (72) Inventors: PRAKESH, Gyan; 1106 Admiralty Lane, Fos- ter City, California 94404 (US). GADDAM, Ajit; 1245 Lakeside Drive, Unit 3016, Sunnyvale, California 94085 (US). GADDAM, Sivanarayana; 3770 Flora Vista Av- enue, Apt. 307, Santa Clara, California (US). (74) Agent: RICKETT, Cynthia H. et al.; KILPATRICK TOWNSEND & STOCKTON LLP, Mailstop: IP Docket- ing - 22, 1100 Peachtree Street, Suite 2800, Atlanta, Geor- gia 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, DJ, DK, DM, DO, DZ, EC, EE, EG, ES, FI, GB, GD, GE, GH, GM, GT, HN, HR, HU, ID, IL, IN, IR, IS, JO, JP, KE, KG, KH, KN, KP, KR, KW, KZ, LA, LC, LK, LR, LS, LU, LY, MA, MD, ME, MG, MK, MN, MW, MX, MY, MZ, NA, NG, NI, NO, NZ, (54) Title: DIGITAL ASSET ACCOUNT MANAGEMENT (57) : Systems and methods related to cryptocurrency system that enables transactions to be performed using digital assets corresponding to an amount of fiat currency. The cryptocurrency system includes a digital asset service provider computer that can host a digital asset account on behalf of an intended recipient of a transfer (e.g., an unbanked user). In some embodiments, a transfer recipient may elect to receive the transfer in the form of a digital asset. The digital asset service provider computer may facilitate a fund transfer by a fmancial institution to hold currency with which the digital asset is backed. The digital asset may be generated and managed by the digital asset service provider computer as a blockchain ledger of transactions that cryptographically secures data that is stores. In some embodiments, a payment method identifier may be generated for the digital asset and utilized by the transfer recipient to perform subsequent transactions. [Continued on next page] WO 2018/208362 Al MIDEDIMOMOIDEIRDERIHNOIRMORDIHIMEMOIS 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, 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))