A payment system integrating cryptocurrencies and fiat currencies.

The integrated settlement platform addresses decentralized and inefficient cryptocurrency and fiat currency systems by employing block DAG technology for high-speed transactions and automated tax processing, ensuring seamless and optimized operations.

JP2026109475AActive Publication Date: 2026-07-01KASPA PAY INC

Patent Information

Authority / Receiving Office
JP · JP
Patent Type
Applications
Current Assignee / Owner
KASPA PAY INC
Filing Date
2024-12-19
Publication Date
2026-07-01

AI Technical Summary

Technical Problem

Current settlement systems for cryptocurrency and fiat currency are decentralized, cumbersome, and lack optimal exchange rate determination and automated tax processing, leading to fragmented user experiences and inefficient operations.

Method used

An integrated settlement platform utilizing block DAG technology for high-throughput transaction processing, enabling seamless handling of crypto and fiat currencies, real-time exchange rate optimization, and automated tax processing through API integration and smart contracts.

Benefits of technology

Provides a unified platform for efficient, secure, and cost-effective transactions, offering real-time exchange rates and automated tax management, enhancing user experience and reducing operational burdens.

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Abstract

Traditional cryptocurrency payment systems have faced challenges such as complex exchange with fiat currency, cumbersome coordination with institutions providing asset exchange functions, and cumbersome tax processing, as well as transaction delays and high costs that have hindered widespread adoption. Furthermore, the lack of integrated payment systems that support diverse digital assets such as NFTs and tokens remains a significant issue. [Solution] This invention provides an integrated system that combines institutional collaboration and tax processing, offering settlement and asset exchange functions. It enables real-time selection of optimal exchange rates, high-speed transaction processing, and automatic generation of tax data. Furthermore, as an integrated platform compatible with crypto assets, fiat currencies, and digital assets, it solves the problems of conventional systems.
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