Method and system for token gateway
A token network and token technology, applied in transmission systems, digital transmission systems, user identity/authority verification, etc., can solve problems such as problems with token requesters and difficulties for token requesters to conduct transactions.
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[0017] Embodiments of the present disclosure provide a token gateway computer that provides escrow services that allow token service providers and authorization systems to manage the issuance and distribution of digital token credentials. The Token Gateway computer provides a flexible and extensible way to securely provision, process and manage token credentials across several use cases and token requestors. This capability may be provided and supplemented by a common set of interfaces between the token gateway computer and the different entities involved in the tokenization system, ie, token requesters, token aggregators and token service providers.
[0018] Token Gateway Computers can be used to enable a variety of digital payment use cases such as contactless transactions, Quick Response (QR) code transactions, e-commerce transactions, card on file transactions, Automated Clearing House (ACH), Real Time Payments (RTP) and Payment transactions for IoT devices. Tokenization ...
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