Looking for breakthrough ideas for innovation challenges? Try Patsnap Eureka!

Receipt and payment equipment for cryptocurrency and related method

A device and currency technology, applied in prepayment schemes, payment schemes/models, payment systems, etc., can solve problems such as increasing difficulty, increasing transaction costs, and reducing the degree of transaction automation, so as to broaden usage scenarios, reduce transaction costs, and improve The effect of promoting

Pending Publication Date: 2021-10-29
CHINA CONSTRUCTION BANK +1
View PDF0 Cites 0 Cited by
  • Summary
  • Abstract
  • Description
  • Claims
  • Application Information

AI Technical Summary

Problems solved by technology

[0004] However, the above scheme requires the user to be near the receiving and payment device of the encrypted currency, and the user stores the encrypted currency in the merchant's wallet on site
This increases the difficulty and reduces the automation of cryptocurrency-based transactions, thereby increasing transaction costs
Moreover, it also restricts the usage scenarios of cryptocurrencies, which is not conducive to the promotion of cryptocurrencies

Method used

the structure of the environmentally friendly knitted fabric provided by the present invention; figure 2 Flow chart of the yarn wrapping machine for environmentally friendly knitted fabrics and storage devices; image 3 Is the parameter map of the yarn covering machine
View more

Image

Smart Image Click on the blue labels to locate them in the text.
Viewing Examples
Smart Image
  • Receipt and payment equipment for cryptocurrency and related method
  • Receipt and payment equipment for cryptocurrency and related method
  • Receipt and payment equipment for cryptocurrency and related method

Examples

Experimental program
Comparison scheme
Effect test

Embodiment Construction

[0039] The solutions in the embodiments provided in the present application will be described below with reference to the drawings in the present application.

[0040] The terms "first" and "second" in the embodiments of the present application are used for description purposes only, and cannot be understood as indicating or implying relative importance or implicitly indicating the quantity of indicated technical features. Thus, a feature defined as "first" and "second" may explicitly or implicitly include one or more of these features.

[0041] First, some technical terms involved in the embodiments of the present application are introduced.

[0042] A cryptocurrency is a medium of exchange that uses the principles of cryptography to secure transactions and control the creation of trading units. Cryptocurrency virtualizes physical currency and coins, and uses virtual digital cryptocurrency to replace physical currency for transactions in daily life.

[0043] Cryptocurrency ...

the structure of the environmentally friendly knitted fabric provided by the present invention; figure 2 Flow chart of the yarn wrapping machine for environmentally friendly knitted fabrics and storage devices; image 3 Is the parameter map of the yarn covering machine
Login to View More

PUM

No PUM Login to View More

Abstract

The invention discloses receipt and payment equipment for cryptocurrency. The equipment comprises a communication unit, a receipt and payment unit, a transaction execution unit and a plurality of encrypted currency wallets; the communication unit is used for receiving a transaction request message; the transaction execution unit is used for executing a transaction according to the transaction request message; and the receipt and payment unit is used for transferring the encrypted currency of the user wallet to the merchant wallet so as to complete the transaction. Therefore, when the user needs to pay to the merchant wallet, due to the fact that the user wallet and the merchant wallet are included in the receipt and payment device at the same time, payment to the merchant wallet can be achieved even if the user is not near the equipment. The receipt and payment equipment not only improves the convenience, but also reduces the influence on life, work and property safety of the user when the user does not pay to the merchant wallet in time.

Description

technical field [0001] The present application relates to the technical field of payment, in particular to an encrypted currency payment device and an encrypted currency-based transaction method. Background technique [0002] With the improvement of human's demand for payment convenience and security, new payment technologies continue to emerge. For example, digital currency has gradually become a hot topic in the industry. Digital currency is an alternative currency in the form of electronic money. Digital gold coins and cryptocurrencies (also known as cryptocurrencies) are digital currencies. [0003] A cryptocurrency is a medium of exchange that uses the principles of cryptography to secure transactions and control the creation of trading units. In the cryptocurrency-based transaction scenario, usually the merchant first opens a hardware wallet, for example, setting the merchant's hardware wallet (referred to as the merchant wallet) in the cryptocurrency payment device...

Claims

the structure of the environmentally friendly knitted fabric provided by the present invention; figure 2 Flow chart of the yarn wrapping machine for environmentally friendly knitted fabrics and storage devices; image 3 Is the parameter map of the yarn covering machine
Login to View More

Application Information

Patent Timeline
no application Login to View More
Patent Type & Authority Applications(China)
IPC IPC(8): G06Q20/06G06Q20/10G06Q20/28G06Q20/38
CPCG06Q20/065G06Q20/10G06Q20/28G06Q20/38215
Inventor 徐臻刘军
Owner CHINA CONSTRUCTION BANK
Who we serve
  • R&D Engineer
  • R&D Manager
  • IP Professional
Why Patsnap Eureka
  • Industry Leading Data Capabilities
  • Powerful AI technology
  • Patent DNA Extraction
Social media
Patsnap Eureka Blog
Learn More
PatSnap group products

Browse by: Latest US Patents, China's latest patents, Technical Efficacy Thesaurus, Application Domain, Technology Topic, Popular Technical Reports.

© 2024 PatSnap. All rights reserved.Legal|Privacy policy|Modern Slavery Act Transparency Statement|Sitemap|About US| Contact US: help@patsnap.com