PATENT CLAIM ANALYSIS

Application Number: 16132160
Application Type: Utility
Filing Date: 2018-09
Publication Date: 2019-01
Patent Classification: ["705", "035000"]

Abstract:
In one embodiment, a method includes receiving a request for payment associated with a transaction between a first user and a second user, where the request specifies a payment amount in a fiat currency and identifying an indication that the first user intends to satisfy the request for payment using a non-fiat instrument. The method also includes initiating a first transfer of a value corresponding to the payment amount in the non-fiat instrument from a first balance of the first user to one or more service balances of a payment service and initiating a second transfer of a value corresponding to the payment amount in the fiat currency from the one or more service balances of the payment service to a second balance of the second user.

Claim (Index 1):
A method of settling a transaction, comprising:\n receiving, by a payment service, a request for payment associated with the transaction between a first user and a second user, wherein the request specifies a payment amount in a fiat currency; identifying, by the payment service, an indication that the first user intends to satisfy the request for payment using a cryptocurrency; initiating, by the payment service, a first transfer of a value corresponding to the payment amount in the cryptocurrency from a first balance of the first user to one or more service balances of the payment service, wherein the first balance is stored in one or more data structures maintained by the payment service; and initiating, by the payment service, a second transfer of a value corresponding to the payment amount in the fiat currency from the one or more service balances of the payment service to a second balance of the second user, wherein the second balance is stored in the one or more data structures maintained by the payment service.

Metadata:
- Claim Count in Document: 5.0
- Percentile: 97.0
- Lexical Diversity: 2.62
- Patent Class: 705.0
- Transitional Phrase Type: open
- Component Type: 1
- Foreign Priority: False
- Related Applications: ['16011559', '16011556', '15713322', '15720878', '15812886']

Analysis Scores:
- 35 USC 101 Eligibility (BERT): 0.1461129090441795
- 35 USC 102 Novelty (BERT): 0.566537990914307
- Combined Prediction Score: 0.1881554172311922
- Mean Citation Score: 398.202854
- Max Citation Score: 473.36575
- Similarity Product: 394.6291132161468

Labels:
- Claim Label 101: 1
- Claim Label 102: 1
- Claim Label 103: 1
- Claim Label 112: 1
- Combined Label: 1
- Label 101 Adjusted: 1

Dataset: test