SG11202107058YA - System and method for settling a payment transaction using multiple electronic currencies - Google Patents

System and method for settling a payment transaction using multiple electronic currencies

Info

Publication number
SG11202107058YA
SG11202107058YA SG11202107058YA SG11202107058YA SG11202107058YA SG 11202107058Y A SG11202107058Y A SG 11202107058YA SG 11202107058Y A SG11202107058Y A SG 11202107058YA SG 11202107058Y A SG11202107058Y A SG 11202107058YA SG 11202107058Y A SG11202107058Y A SG 11202107058YA
Authority
SG
Singapore
Prior art keywords
settling
payment transaction
multiple electronic
electronic currencies
currencies
Prior art date
Application number
SG11202107058YA
Inventor
Michael Wagner
Original Assignee
Multichain Ventures Inc
Priority date (The priority date is an assumption and is not a legal conclusion. Google has not performed a legal analysis and makes no representation as to the accuracy of the date listed.)
Filing date
Publication date
Application filed by Multichain Ventures Inc filed Critical Multichain Ventures Inc
Publication of SG11202107058YA publication Critical patent/SG11202107058YA/en

Links

Classifications

    • GPHYSICS
    • G06COMPUTING; CALCULATING OR COUNTING
    • G06QINFORMATION AND COMMUNICATION TECHNOLOGY [ICT] SPECIALLY ADAPTED FOR ADMINISTRATIVE, COMMERCIAL, FINANCIAL, MANAGERIAL OR SUPERVISORY PURPOSES; SYSTEMS OR METHODS SPECIALLY ADAPTED FOR ADMINISTRATIVE, COMMERCIAL, FINANCIAL, MANAGERIAL OR SUPERVISORY PURPOSES, NOT OTHERWISE PROVIDED FOR
    • G06Q20/00Payment architectures, schemes or protocols
    • G06Q20/38Payment protocols; Details thereof
    • G06Q20/381Currency conversion
    • GPHYSICS
    • G06COMPUTING; CALCULATING OR COUNTING
    • G06QINFORMATION AND COMMUNICATION TECHNOLOGY [ICT] SPECIALLY ADAPTED FOR ADMINISTRATIVE, COMMERCIAL, FINANCIAL, MANAGERIAL OR SUPERVISORY PURPOSES; SYSTEMS OR METHODS SPECIALLY ADAPTED FOR ADMINISTRATIVE, COMMERCIAL, FINANCIAL, MANAGERIAL OR SUPERVISORY PURPOSES, NOT OTHERWISE PROVIDED FOR
    • G06Q20/00Payment architectures, schemes or protocols
    • G06Q20/04Payment circuits
    • G06Q20/06Private payment circuits, e.g. involving electronic currency used among participants of a common payment scheme
    • G06Q20/065Private payment circuits, e.g. involving electronic currency used among participants of a common payment scheme using e-cash
    • GPHYSICS
    • G06COMPUTING; CALCULATING OR COUNTING
    • G06QINFORMATION AND COMMUNICATION TECHNOLOGY [ICT] SPECIALLY ADAPTED FOR ADMINISTRATIVE, COMMERCIAL, FINANCIAL, MANAGERIAL OR SUPERVISORY PURPOSES; SYSTEMS OR METHODS SPECIALLY ADAPTED FOR ADMINISTRATIVE, COMMERCIAL, FINANCIAL, MANAGERIAL OR SUPERVISORY PURPOSES, NOT OTHERWISE PROVIDED FOR
    • G06Q20/00Payment architectures, schemes or protocols
    • G06Q20/08Payment architectures
    • G06Q20/20Point-of-sale [POS] network systems
    • GPHYSICS
    • G06COMPUTING; CALCULATING OR COUNTING
    • G06QINFORMATION AND COMMUNICATION TECHNOLOGY [ICT] SPECIALLY ADAPTED FOR ADMINISTRATIVE, COMMERCIAL, FINANCIAL, MANAGERIAL OR SUPERVISORY PURPOSES; SYSTEMS OR METHODS SPECIALLY ADAPTED FOR ADMINISTRATIVE, COMMERCIAL, FINANCIAL, MANAGERIAL OR SUPERVISORY PURPOSES, NOT OTHERWISE PROVIDED FOR
    • G06Q20/00Payment architectures, schemes or protocols
    • G06Q20/22Payment schemes or models
    • G06Q20/227Payment schemes or models characterised in that multiple accounts are available, e.g. to the payer
    • GPHYSICS
    • G06COMPUTING; CALCULATING OR COUNTING
    • G06QINFORMATION AND COMMUNICATION TECHNOLOGY [ICT] SPECIALLY ADAPTED FOR ADMINISTRATIVE, COMMERCIAL, FINANCIAL, MANAGERIAL OR SUPERVISORY PURPOSES; SYSTEMS OR METHODS SPECIALLY ADAPTED FOR ADMINISTRATIVE, COMMERCIAL, FINANCIAL, MANAGERIAL OR SUPERVISORY PURPOSES, NOT OTHERWISE PROVIDED FOR
    • G06Q20/00Payment architectures, schemes or protocols
    • G06Q20/30Payment architectures, schemes or protocols characterised by the use of specific devices or networks
    • G06Q20/32Payment architectures, schemes or protocols characterised by the use of specific devices or networks using wireless devices
    • G06Q20/322Aspects of commerce using mobile devices [M-devices]
    • G06Q20/3221Access to banking information through M-devices
    • GPHYSICS
    • G06COMPUTING; CALCULATING OR COUNTING
    • G06QINFORMATION AND COMMUNICATION TECHNOLOGY [ICT] SPECIALLY ADAPTED FOR ADMINISTRATIVE, COMMERCIAL, FINANCIAL, MANAGERIAL OR SUPERVISORY PURPOSES; SYSTEMS OR METHODS SPECIALLY ADAPTED FOR ADMINISTRATIVE, COMMERCIAL, FINANCIAL, MANAGERIAL OR SUPERVISORY PURPOSES, NOT OTHERWISE PROVIDED FOR
    • G06Q20/00Payment architectures, schemes or protocols
    • G06Q20/30Payment architectures, schemes or protocols characterised by the use of specific devices or networks
    • G06Q20/36Payment architectures, schemes or protocols characterised by the use of specific devices or networks using electronic wallets or electronic money safes
    • G06Q20/367Payment architectures, schemes or protocols characterised by the use of specific devices or networks using electronic wallets or electronic money safes involving electronic purses or money safes
    • GPHYSICS
    • G06COMPUTING; CALCULATING OR COUNTING
    • G06QINFORMATION AND COMMUNICATION TECHNOLOGY [ICT] SPECIALLY ADAPTED FOR ADMINISTRATIVE, COMMERCIAL, FINANCIAL, MANAGERIAL OR SUPERVISORY PURPOSES; SYSTEMS OR METHODS SPECIALLY ADAPTED FOR ADMINISTRATIVE, COMMERCIAL, FINANCIAL, MANAGERIAL OR SUPERVISORY PURPOSES, NOT OTHERWISE PROVIDED FOR
    • G06Q20/00Payment architectures, schemes or protocols
    • G06Q20/38Payment protocols; Details thereof
    • G06Q20/40Authorisation, e.g. identification of payer or payee, verification of customer or shop credentials; Review and approval of payers, e.g. check credit lines or negative lists
    • G06Q20/405Establishing or using transaction specific rules
    • GPHYSICS
    • G06COMPUTING; CALCULATING OR COUNTING
    • G06QINFORMATION AND COMMUNICATION TECHNOLOGY [ICT] SPECIALLY ADAPTED FOR ADMINISTRATIVE, COMMERCIAL, FINANCIAL, MANAGERIAL OR SUPERVISORY PURPOSES; SYSTEMS OR METHODS SPECIALLY ADAPTED FOR ADMINISTRATIVE, COMMERCIAL, FINANCIAL, MANAGERIAL OR SUPERVISORY PURPOSES, NOT OTHERWISE PROVIDED FOR
    • G06Q40/00Finance; Insurance; Tax strategies; Processing of corporate or income taxes
    • G06Q40/04Trading; Exchange, e.g. stocks, commodities, derivatives or currency exchange
SG11202107058YA 2018-12-27 2019-12-27 System and method for settling a payment transaction using multiple electronic currencies SG11202107058YA (en)

Applications Claiming Priority (2)

Application Number Priority Date Filing Date Title
US201862785323P 2018-12-27 2018-12-27
PCT/US2019/068814 WO2020140080A1 (en) 2018-12-27 2019-12-27 System and method for settling a payment transaction using multiple electronic currencies

Publications (1)

Publication Number Publication Date
SG11202107058YA true SG11202107058YA (en) 2021-07-29

Family

ID=71121923

Family Applications (1)

Application Number Title Priority Date Filing Date
SG11202107058YA SG11202107058YA (en) 2018-12-27 2019-12-27 System and method for settling a payment transaction using multiple electronic currencies

Country Status (6)

Country Link
US (1) US20200210999A1 (en)
EP (1) EP3903274A4 (en)
JP (1) JP2022517744A (en)
CA (1) CA3125335A1 (en)
SG (1) SG11202107058YA (en)
WO (1) WO2020140080A1 (en)

Families Citing this family (2)

* Cited by examiner, † Cited by third party
Publication number Priority date Publication date Assignee Title
CN112712359B (en) * 2020-12-31 2024-01-12 深圳市证通电子股份有限公司 Money collection method, money collection device, and readable storage medium
KR102392975B1 (en) * 2021-05-10 2022-05-03 주식회사 알바임 A cryptocurrency swap protocol providing payment function based on liquidity pool over different blockchain networks and a method of providing cryptocurrency transaction brokerage service using the same

Family Cites Families (8)

* Cited by examiner, † Cited by third party
Publication number Priority date Publication date Assignee Title
US20070043648A1 (en) * 2005-06-10 2007-02-22 Jonathan Chait Foreign exchange trading platform
WO2012097108A1 (en) * 2011-01-11 2012-07-19 Visa International Service Association Universal value exchange apparatuses, methods and systems
US20130036047A1 (en) * 2011-08-03 2013-02-07 Nxsystems, Inc. Method, system and process for centralized management and control of a budget and electronic mass distribution of funds
US9892460B1 (en) * 2013-06-28 2018-02-13 Winklevoss Ip, Llc Systems, methods, and program products for operating exchange traded products holding digital math-based assets
US20150363769A1 (en) * 2014-06-16 2015-12-17 Bank Of America Corporation Cryptocurrency Real-Time Conversion System
US11062277B2 (en) * 2014-11-26 2021-07-13 Ncr Corporation Virtual currency management in a retail environment
WO2017070469A1 (en) * 2015-10-22 2017-04-27 Align Commerce Corporation System and method for payment processing using crypto currencies
US10621561B1 (en) * 2017-07-26 2020-04-14 Square, Inc. Payment network using tradable financial assets

Also Published As

Publication number Publication date
CA3125335A1 (en) 2020-07-02
EP3903274A4 (en) 2022-08-24
WO2020140080A1 (en) 2020-07-02
EP3903274A1 (en) 2021-11-03
JP2022517744A (en) 2022-03-10
US20200210999A1 (en) 2020-07-02

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