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540 results about "Cryptocurrency" patented technology

A cryptocurrency (or crypto currency) is a digital asset designed to work as a medium of exchange that uses strong cryptography to secure financial transactions, control the creation of additional units, and verify the transfer of assets. Cryptocurrencies use decentralized control as opposed to centralized digital currency and central banking systems.

Online social wager-based gaming system featuring dynamic cross-provider game filtering, persistent cross-provider voice-interactive group play, automated multi-seat group game reservation, and distributed ledger bet verification

An online social wager-based gaming system is disclosed, featuring dynamic cross-provider game filtering and persistent cross-provider voice-interactive group play. The system allows for automated multi-seat group game reservations and incorporates a distributed ledger for bet verification. Features include a Group Connect module for dynamic group formation and live audio across various game providers, enabling real-time play. A Professional Companion Connect module facilitates live webcam or microphone gambling sessions with professional companions, under contractual agreements. The User Games module enhances personalization by integrating user-uploaded images into the gaming environment. A cryptocurrency / blockchain-based bet tracking system ensures transparency and security in managing bet transactions through a controlled digital wallet system. This integrated platform aims to provide a cohesive, interactive, and personalized online casino experience, addressing limitations of traditional solitary online gaming by fostering social connections and enhancing user trust and engagement.
Owner:NOWAK DANIEL PATRYK

System, method and program product for modifying a supply of stable value digital asset tokens

The present invention generally relates to the use of stable value digital assets and / or fiat-backed digital assets as cryptocurrencies that can be linked to other digital assets using blockchain technology and / or through a peer-to-peer network. In embodiments, the present invention relates to specific applications of fiat-backed digital assets and / or stable value digital asset tokens tied to a peer-to-peer network, such as a blockchain network.
Owner:GEMINI IP LLC

Hybrid Cloud-Edge Computing Architecture for Decentralized Computing Platform

Disclosed are systems and methods for a hybrid cloud-edge computing platform using decentralized networks for solving resource-intensive computation tasks such as machine learning and video processing tasks. In some respects, the cloud-edge computing platform comprises a coordinator cluster and worker nodes partitioned into shards, which include cloud-based networks and edge networks, and which cater to a wide range of computation requirements. The coordinator cluster manages workloads by selecting the appropriate shard and worker nodes to execute tasks based on computed efficiency scores. Worker nodes may be incentivized with rewards such as cryptocurrency tokens for successful completion of tasks. The disclosed architecture also supports the pipelining of multiple tasks in a workload, where the output of one task is used as input for another task. In some respects, the computing architecture includes a blockchain-supported edge network, which enables verifying compute tasks and managing reward distribution for worker nodes using smart contracts.
Owner:THETA LABS INC

Method and system for artificial intelligence based cryptocurrency regulatory analysis

The present invention discloses a method and system for artificial intelligence-based cryptocurrency regulatory analysis capable of performing automated, adaptive, and verifiable compliance evaluation across multiple blockchain ecosystems. The invention integrates blockchain data acquisition, data normalization, graph-based behavioral modeling, artificial intelligence inference, and cryptographically anchored reporting within a unified architecture. The system comprises a blockchain data acquisition unit for retrieving multi-chain transaction data, a data normalization unit for harmonizing heterogeneous blockchain formats, a graph construction unit for generating dynamic transaction graphs, a regulatory knowledge base unit storing jurisdiction-specific regulatory rule graphs, an artificial intelligence processor configured for hybrid neural and symbolic reasoning, and a regulatory reporting unit for generating explainable compliance reports cryptographically anchored to a blockchain ledger.
Owner:VAYYASI NAVEEN KUMAR

Smart contract-facilitated minting and management of multi-asset backed tokens

A tokenization system / platform / method for minting asset-class backed tokens on a distributed ledger is described herein. A tokenization system / platform receives a token configuration indicating multiple revenue-generating assets of different types and a minting party. The platform configures smart contracts to manage revenue associated with revenue-generating assets, including a first function to mint asset-class backed tokens backed by the plurality of assets and a second function to computationally apportion and distribute revenue among blockchain addresses of token owners. After deploying the configured smart contracts on the distributed ledger, the platform initiates blockchain transactions to invoke the smart contract functions, including a first transaction that mints tokens and assigns them to purchasing users' blockchain addresses, and one or more second transactions that distribute cryptocurrency corresponding to revenue among token owners. The system / platform / method may provide for fractional ownership and management of different types of revenue-generating assets and / or portfolios of revenue-generating assets.
Owner:STRONG FORCE TX PORTFOLIO 2018 LLC

Blockchain-based commercial inventory systems and methods

A blockchain of block entries that can be requested by users from user devices is maintained in a distributed network of nodes. Block entries include a plurality of data portions that are each associated with an access level. A request from an auditor to view one or more data portions of a block entry can includes an access code associated with at least one access level can be evaluated to identify one or more data portions associated with the access level. A customized view of the block entry which includes the one or more data portions associated with the access level can be generated. An artificial intelligence engine can review entries within the distributed ledger, identify earnings information associated with the sales of the commercial inventory, determine tax based on earning information, and pay the tax via fiat or cryptocurrency to government authorities based on earnings information.
Owner:AMERICORP INVESTMENTS LLC

Cryptocurrency hardware wallet on monolithic chip with common physical countermeasures and secure memory

An electronic hardware wallet for conducting cryptocurrency transactions, blockchain transactions, or other secure communications is embodied on a monolithic integrated circuit (IC) die supported on a single substrate. The monolithic semiconductor device can include a non-volatile data store for storing application software executable by the multi-core processor, and the secure element can include a secure data store for storing secret data (e.g., a private key) for use in a secure electronic transaction. In some embodiments, the secure element can include hardware logic embodying a cryptocurrency algorithm associated with executing the secure electronic transaction and can have a limited and selective communication bus between the secure element and the multi-core processor. The electronic hardware wallet can communicatively couple with one or more other devices to facilitate a multi-party computation (MPC) algorithm for authenticating the cryptocurrency algorithm and validating the secure electronic transaction.
Owner:CROSSBAR INC

Systems, method, and program product for making payments using fiat-backed digital assets

The present invention generally relates to the use of stable value digital assets and / or fiat-backed digital assets as cryptocurrencies that can be linked to other digital assets using blockchain technology and / or through a peer-to-peer network. In embodiments, the present invention relates to specific applications of fiat-backed digital assets and / or stable value digital asset tokens tied to a peer-to-peer network, such as a blockchain network.
Owner:GEMINI IP LLC

Decentralized cryptographic asset exchange with secure interactive element

A payment service system receives a request from a user's device for an exchange between a first asset (e.g., a fiat currency) and a second asset (e.g., a cryptocurrency) via an agent, and identifies the agent based on context of the request. The system generates an interactive element, provides the interactive element to the user's device, and detects when the agent's device interacts with the interactive element on the user's device. The system verifies respective identities of the user and the agent based on the interaction. The system verifies that the first asset has been transferred between the user and the agent, and facilitates transfer of the second asset between an account associated with the user and an account associated with the agent and / or the payment service system.
Owner:BLOCK INC

Backup and recovery system and methods for cryptocurrency hardware wallet

Backup and recovery of multi-party computation (MPC) security data utilized to secure digital assets and transactions thereof can enhance user confidence and user experience in digital asset transactions. Example MPC security data can include cryptographic keys and key shares utilized with a N×M MPC signature and validation framework. A computing device participating in generation of MPC secure data can retain a segment of the MPC secure data and can encrypt and store an encrypted segment at a second device. A recovery service or recovery application at the second device can facilitate recovery of the MPC secure data segment at the computing device, or at an additional device not involved in generation of the MPC secure data. The recovery service or application can facilitate recovery of the MPC secure data segment even in the event the computing device is lost.
Owner:CROSSBAR INC

Computer-implemented methods and systems for improved communications across a blockchain network

The invention resides in a computer-implemented communication method. The method comprises a mechanism for distributing blockchain and / or cryptocurrency-related communications such as alerts, notifications and updates across an electronic network to one or more recipients as efficiently and swiftly as possible. Embodiments may use IPv6 multicast to perform such improved communications. A communication can comprise a code, flag or filter which enables the communication to be targeted at particular recipient(s) and allow multicast group members that have no interest or authorised access to the contents of the communication to ignore it. Thus, improvements are provided in respect of processing resources and time. In some examples, the disclosure can be advantageous for the implementation of a blockchain-related alert key or system which can aid in network responses to emergencies or threats, thus improving the security of the blockchain network.
Owner:NCHAIN LICENSING AG

AI-driven digital economic supply chain optimization method

The invention discloses an AI-driven digital economic supply chain optimization method. According to the invention, a novel supply chain system with active pre-judgment and dynamic adaptation is constructed. The core breakthrough of the method is that passive risk management is converted into a opportunity creation mechanism, and traditional supply chain decision logic is remodeled by relying on a virtual-real symbiotic intelligent deduction system. The generative adversarial network simulates compound crisis scenes such as geographical conflicts and digital asset transactions in real time, and a quantum optimization algorithm and Monte Carlo tree search are combined, so that the system not only can predict a conduction path of global chip shortage to a production line, but also can generate breakthrough solutions such as cross-chain encryption settlement and redundant node resource securitization. The pre-judgment type deduction mechanism, block chain dynamic scheduling and metabolic resource configuration form a closed loop, and in response to encrypted currency flash collapse, a decentralized payment channel can be automatically switched to avoid risks, a digital asset arbitrage window can be captured through an intelligent contract, and co-evolution of risk resolution and value increment is realized.
Owner:CENT SOUTH UNIV

Systems and methods for blockchain-based financial transactions and trade management

Systems and methods for computer-implemented commodity transactions using blockchain-based smart contracts. A server with memory executes application to authenticate buyer and seller, receive listing with commodity identifier, quantity, quality, delivery terms, price; generate smart contract specifying participant identifiers, wallet or banking info, order and contract IDs, milestone events, settlement terms; commit contract to blockchain; escrow funds associated with contract; obtain shipment, inspection, and delivery status via oracle; verify milestone satisfaction; release escrowed funds accordingly; record settlement on chain; and update database. Modules may include compliance to compute taxes and fees, identity to perform KYC / AML, and dispute resolver to execute predefined remedies. Optional multisignature escrow and fiat or crypto settlement are supported. Executions store hashes and ledger indices to provide tamper evident audit trails.
Owner:TRADENETRIX INC

System and methods for securely provisioning and storing a cryptocurrency wallet

The present embodiments include a system and method for provisioning, storing, and deriving a cryptocurrency wallet. The system includes a card, a user device, an administrator processor, and a server. The method includes generating a private key and a public key over a user datum, encrypting the keys over a key-encryption-key (KEK), and transmitting the keys to a card. The keys can be optionally stored on a server in encrypted form. Alternatively, the keys can be derived from the user datum if the user has lost them.
Owner:CAPITAL ONE SERVICES LLC

Cryptocurrency transactional systems and methods

A secure cryptocurrency transactional system for actuating transactions involving electronic gaming machines and cryptocurrency wallets.
Owner:ARISTOCRAT TECHNOLOGIES INC

Systems and methods for individual potential tokenization and exchange

The present invention is directed to a distributed ledger-based platform for buying and selling tokens representative of a person's value creation potential. Tokens represent both intrinsic and talent-based value creation potential. In one embodiment, a productivity identity is associated with a user account of the platform based on attributes attributing to the user's value creation potential by at least one non-fungible token (NFT) which links the productivity identifier to a user account's cryptocurrency wallet. In one embodiment, user accounts of the platform are further placed into a decentralized autonomous organization (DAO).
Owner:QUIDDITY SYSTEMS INC

Automated channel management for a second-layer payment protocol network via discrete optimization and simulation

A method for managing channels including, by a computing device, receiving a join request from a user corresponding to a request to establish one or more channels with respective user nodes of a plurality of user nodes in a second-layer payment protocol network configured to process transactions between users associated with a cryptocurrency network, obtaining information about the second-layer payment protocol network that indicates channels established between the plurality of user nodes and at least one of balances associated with the plurality of user nodes in the second-layer payment protocol network or balances associated with channels between two or more of the plurality of user nodes, simulating, based on the information obtained about the second-layer payment protocol network, a plurality of transactions between selected user nodes of the plurality of user nodes to obtain transaction simulation results that include at least reliability scores associated with the plurality of user nodes, identifying one or more recommended user nodes based on the transaction simulation results and the information obtained about the second-layer payment protocol network, and providing, to the user, an output indicating the one or more recommended user nodes.
Owner:STILLMARK MANAGEMENT LLC

Gaming systems with blockchain jackpots

A blockchain system comprising a plurality of electronic gaming devices configured to perform proof of work computations and a processor configured to: collect transaction data from a blockchain; create a block body that includes the transaction data; transmit a message to a set of electronic gaming devices that includes the block body; receive, from a first electronic gaming device, a success message that includes at least a nonce string; create a new block for the blockchain that includes at least the block body and the nonce string; transmit the new block into the blockchain, thereby causing the new block to be added to the blockchain; identify a mining reward on the blockchain based on the adding of the new block, the mining reward being in a first value of cryptocurrency supported by the blockchain; and increment a progressive jackpot by the first value, the progressive jackpot being provided in the cryptocurrency.
Owner:ARISTOCRAT TECHNOLOGIES INC

Cryptocurrency artifact detection for recovering cryptocurrency assets

Automatically searching for cryptocurrency artifacts to recover cryptocurrency assets. Digital data suspected to contain unknown cryptocurrency artifacts may be searched to detect candidate seed phrases, each comprising a permutation of words from a single predetermined seed phrase library consecutively listed in a sequence having a fixed length predetermined according to a cryptocurrency standard. A multi-pass seed phrase validation test may be executed for each candidate seed phrase to determine if it is a valid seed phrase by: executing a first pass comprising verifying a checksum of the candidate seed phrase, and upon verifying the first pass, executing a second pass comprising verifying in a blockchain if there has been activity using a cryptocurrency asset encrypted using a public key in a key pair recovered from the candidate seed phrase. Upon verifying the valid seed phrase, cryptocurrency assets may be recovered using a private key in the key pair.
Owner:CAT LABS INC

A payment system that integrates crypto assets and fiat currencies

Conventional cryptocurrency payment systems are cumbersome due to the need for exchange with fiat currency, collaboration with institutions that provide asset exchange functions, and tax procedures, and transaction delays and high costs have been barriers to their widespread adoption. Another issue is the lack of an integrated payment system that can handle a variety of digital assets, such as NFTs and tokens. [Solution] This invention provides a system that integrates institutional collaboration and tax processing, providing settlement and asset exchange functions, and realizes real-time selection of optimal exchange rates, high-speed transaction processing, and automatic generation of tax data. Furthermore, it solves existing problems as an integrated platform that supports crypto assets, fiat currencies, and digital assets.
Owner:KASPA PAY CO LTD

Cross-chain cryptocurrency abstraction using cross-chain transfer protocol

Implementations are directed to cryptocurrency abstraction using a cross-chain transfer protocol (CCTP) between a source chain network and a destination chain network and can include receiving a user operation that indicates a paymaster and that includes an attestation, triggering, by the paymaster, minting of a number of tokens of a cryptocurrency on a destination chain, the number of tokens corresponding to a number of tokens of the cryptocurrency burned on a source chain attested to by the attestation, receiving, by the paymaster, the number of tokens of the cryptocurrency minted on the destination chain, and accounting, by the paymaster and using at least a portion of the number of tokens of the cryptocurrency, for computing resources expended on the destination chain to execute a transaction of the user operation.
Owner:CIRCLE INTERNET GRP INC

A concept for recovering access to a cryptocurrency wallet on a remote server

This invention relates to a control apparatus, method, and program, as well as a service apparatus, method, and program. The control apparatus includes processing circuitry that registers a new cryptographic secret at a cryptocurrency wallet hosted in a trusted execution environment on a remote server. The process involves generating the cryptographic secret, authenticating the wallet owner through a wallet service application, and providing a control instruction for registering the secret at the wallet. Instructions for controlling the wallet are cryptographically protected using the newly registered cryptographic secret.
Owner:SONY GROUP CORP

Method for machine learning model verification and transaction

The present disclosure provides a method including: generating a first private key and a public key according to a parameter set of full homomorphic encryption; encrypting test data and label by the public key to generate test data ciphertext and label ciphertext; generating a smart contract executed by a blockchain system, and transferring control of an amount of cryptocurrency from a first cryptocurrency account to the blockchain; receiving a result of a verification to a model ciphertext; when the result indicates that the model ciphertext does not pass the verification, retrieving the control of the amount of cryptocurrency; and when the result indicates that the model ciphertext passes the verification, receiving the model ciphertext and a second private key from the blockchain system, and decrypting, according to the first and second private keys, the model ciphertext to generate a model to infer the test data.
Owner:INVENTEC PUDONG TECH CORPOARTION +1

Securing electronic transfers by performing pre-transaction verification and authentication

Systems and methods for proactive and automated pre-transaction verification and authentication of electronic transfers are described. In various examples, transaction details associated with an electronic transfer (e.g., a wire transfer, an Automated Clearing House (ACH) transfer, a peer-to-peer (P2P) transfer, or a cryptocurrency transfer) are verified and the recipient is authenticated by a transaction verification service associated with an electronic transfer service provider (e.g., a financial institution, a peer-to-peer (P2P) payment system, or a custodial wallet provider) prior to permitting the electronic transfer to proceed. In this manner, electronic transfers are secured against electronic transfer fraud and / or mistaken fund or asset transfers, for example, to an incorrect account (or an incorrect cryptocurrency wallet) by the electronic transfer service provider.
Owner:RSF INVESTMENTS LLC

Systems and methods for managing cryptocurrency

A system for locally authenticating a transaction of digital financial assets, such as cryptocurrency. A first device may locally store financial assets in non- volatile memory of the first device. The first device may use the locally-stored financial assets to conduct a local transaction with a second device. The first device may generate a transaction settlement data token and exchange the token with the second device, wherein the transaction settlement data token includes information specific to the local transaction, a value associated with the local transaction, and encrypted personal information associated with the first device. After receiving a confirmation of transmission from the second device, the value associated with the local transaction may be debited from the locally-stored financial assets.
Owner:BLOCK INC

Permissionless cryptocurrency abstraction for transactions using non-native cryptocurrency

Implementations for account creation within chain networks include creating, by an account factory executed in a chain network, an account for a user within the chain network, the user providing an amount of non-native cryptocurrency to the paymaster to account for a transaction fee for creation of the account in a native cryptocurrency provided from a centralized source of native cryptocurrency, determining, by the paymaster, a maximum transaction fee for creation of the account, the maximum transaction fee being provided in a non-native cryptocurrency, transferring, by the paymaster, the maximum transaction fee from a source of non-native cryptocurrency to the paymaster, after creation of the account, determining, by the paymaster, a total cost of the in the non-native cryptocurrency, and transferring a refund amount from the paymaster to the account based on the total cost, the refund amount being in the non-native cryptocurrency.
Owner:CIRCLE INTERNET FINANCIAL LTD +5

System and method for transaction settlement

Cryptocurrencies may be used within the current Four Party Model to settle transactions between a merchant and a consumer who may use or accept fiat and / or cryptocurrency. An intermediary wallet entity may assume the risk of cryptocurrency transactions. For example, a fiat-fiat transaction may follow the usual settlement process of the Four Party Model. In a crypto-crypto transaction, settlement may occur in real time. But in a fiat merchant / crypto customer transaction, settlement may be made from the customer's crypto wallet to an intermediary wallet. Fiat settlement would then occur between the intermediary and merchant following the Four Party Model. In a crypto merchant / fiat customer transaction, a transfer may be made from the intermediary wallet to the merchant's crypto wallet. Fiat settlement between the customer's bank (issuer) and intermediary can happen in the usual settlement process.
Owner:VISA INTERNATIONAL SERVICE ASSOCIATION

System and method for reward generation on social media platform

PCT designated stage expiredWO2025144464A1Currency conversionPayment circuitsPersonalizationSocial media
A system for reward generation on a social media platform is disclosed. The system includes a processing subsystem having a. registration module linking multiple social media accounts for a user. An engagement calculation module identifies key metrics like likes, comments, and shares, calculating individual metrics for each engagement type. The engagement calculation module computes a total engagement value for specific posts or overall accounts. The training module uses historical data, to train machine learning models, fine-tuning hyperparameters for iterative improvement. The reward generation module establishes a conversion rate between total engagement and reward points, dynamically assigning loyalty through trained models. A reward redemption module facilitates the accumulation of points in a virtual wallet, converting them into various assets like money or cryptocurrency using blockchain integration. This comprehensive approach ensures a fair and personalized reward system based on user engagement levels.
Owner:SINGH RAVNEET

Facilitating cryptocurrency-based transactions with time constraint

Methods and systems are presented for providing a framework for facilitating time-sensitive cryptocurrency transactions for users. When a request for processing a time-sensitive cryptocurrency transaction using funds from a cryptocurrency wallet is received from a user, a transaction system first verifies whether the cryptocurrency wallet has a balance to cover the cryptocurrency transaction. The transaction system also verifies the ownership of the cryptocurrency wallet based on an asynchronous method. The user generates verification data without any input from the transaction system, and based on a private key associated with the cryptocurrency wallet, a generator function, and a user-generated value. Without knowing the user-generated value, the transaction system verifies the ownership of the cryptocurrency wallet based on the verification data, and processes the transaction for the user.
Owner:PAYPAL INC