PATENT CLAIM ANALYSIS

Application Number: 15885970
Application Type: Utility
Filing Date: 2018-02
Publication Date: 2018-06
Patent Classification: ["235", "380000"]

Abstract:
Provided is a method for digital currency transfers via a mobile and wearable device. The method may include receiving a transfer request with a transfer amount in digital currency and user identification data associated with the user, retrieving payment data of the user associated with the identification data, generating an optical code encoding the payment data and the transfer amount. The method may continue with providing the optical code on a screen of the mobile and wearable device. On scanning of the optical code, a transfer receiving request is created. The method may continue with receiving a transfer receiving request to perform a payment transaction associated with the user, accessing a user account maintained by a currency issuance unit, and transferring the transfer amount in the digital currency from the user account to a recipient account associated with the recipient identification data.

Claim (Index 20):
The method of  claim 10 , wherein the digital currency is associated with an exchange rate between two digital currencies, the exchange rate being a rate at which one digital currency is exchanged for another digital currency;\n wherein the exchange rate is determined in a foreign exchange market, the foreign exchange market being open to a plurality of types of buyers and sellers, and wherein a currency trading is continuous; wherein the exchange rate includes a spot exchange rate associated with a current exchange rate; wherein the exchange rate further includes a forward exchange rate including an exchange rate that quoted and traded on a current date for delivery and payment on a specific future date; and wherein the exchange rate further includes a buying rate and a selling rate, wherein the buying rate is a rate at which a person buys foreign currency in exchange for the digital currency, and the selling rate is a rate at which the person sells the digital currency.

Metadata:
- Claim Count in Document: 44.0
- Percentile: 88.0
- Lexical Diversity: 2.71429
- Patent Class: 235.0
- Transitional Phrase Type: none
- Component Type: 0
- Foreign Priority: False
- Related Applications: ['15486709', '15345003', '15040466', '14334992', '14458791']

Analysis Scores:
- 35 USC 101 Eligibility (BERT): 0.647124230353069
- 35 USC 102 Novelty (BERT): 0.5185734461128291
- Combined Prediction Score: 0.634269151929045
- Mean Citation Score: 304.711358
- Max Citation Score: 363.80005
- Similarity Product: 314.97564137459096

Labels:
- Claim Label 101: 0
- Claim Label 102: 1
- Claim Label 103: 1
- Claim Label 112: 1
- Combined Label: 0
- Label 101 Adjusted: 0

Dataset: test