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US 10,650,389 B2Granted
Systems and methods for secure network transactions
AssigneeCapitalWill LLC
InventorBradley Wilkes
Life of this patent
Estimating the term…
Abstract
Persistent, electronically anchored currency notes (PEAC notes) may be generated by a transaction provider and maintained in a datastore. Each PEAC note may be associated with a respective unique identifier and asset held by a custodian. The transaction provider may provide for assigning ownership of the PEAC notes to various entities and/or transferring ownership therebetween. Ownership transfers may be performed by the transaction provider while maintaining the PEAC notes in the datastore and/or maintaining the asset(s) associated therewith with their respective custodian(s). A PEAC note may be tied to one or more usage conditions, which restrict transfers thereof. The usage conditions may be removed when release conditions are satisfied.
Claims20
An apparatus, comprising:
- a processor of a computing device, the computing device communicatively coupled to an electronic communication network;
- a transaction provider operating on the processor of the computing device, the transaction provider configured to:
- create a persistent transaction instrument in a non-transitory storage system, wherein the persistent transaction instrument is electronically anchored to an asset having a monetary value held by a custodian and comprises a unique identifier;
- assign ownership of the persistent transaction instrument to a first entity, comprising associating the unique identifier of the persistent transaction instrument with an identifier of the first entity within the non-transitory storage system;
- and
- implement a secure, real-time ownership transfer of the persistent transaction instrument through the electronic communication network, comprising:
- receiving a transfer request through the electronic communication network, comprising a request to transfer ownership of the persistent transaction instrument from the first entity to a second entity,
- associating the unique identifier of the persistent transaction instrument with an identifier of the second entity within the non-transitory storage system in response to authorizing the transfer request, and
- transmitting electronic data to the second entity through the electronic communication network, the electronic data configured to verify that ownership of the persistent transaction instrument is transferred to the second entity;
- wherein the transaction provider is further configured to:
- receive information requests corresponding to the unique identifier of the persistent transaction instrument through the electronic communication network,
- generate electronic content for transmission through the electronic communication network in response to the information requests, the generated electronic content configured to indicate a current owner of the persistent transaction instrument.
9 more elements
A non-transitory computer-readable storage medium comprising instructions to cause a computing device to perform operations, comprising:
- maintaining a plurality of persistent, electronically anchored currency notes (PEAC notes) within a non-transitory data storage system, each PEAC note comprising a respective unique uniform resource identifier, having an assigned value, and being associated with an asset held by a custodian;
- implementing secure, real-time ownership transfers of PEAC notes through the electronic communication network while retaining the PEAC notes within the non-transitory data storage system and maintaining the asset with the custodian, wherein implementing a secure, real-time ownership transfer of a first PEAC note from a first entity to a second entity comprises replacing an association between a first unique uniform resource identifier of the first PEAC note and the first entity with an association between the first unique uniform resource identifier and the second entity within the non-transitory data storage system, wherein the first PEAC note is transferrable by the second entity and retains the first unique uniform resource identifier within the non-transitory data storage system;
- and
- providing electronic content associated with the first PEAC note via the electronic communication network in response a request comprising the first unique uniform resource identifier subsequent transferring ownership of the first PEAC note to the second entity.
1 more element
A computer-implemented method, comprising:
- maintaining by a processor of a server computing device, a plurality of persistent transaction notes in a non-transitory data store, each persistent transaction note comprising a respective unique uniform resource identifier, having a value, and being associated with an asset held by a custodian;
- implementing secure, real-time ownership transfers of the persistent transaction notes, wherein implementing a secure, real-time ownership transfer of a first persistent transaction note from a first entity to a second entity comprises:
- confirming that the first entity is the registered owner of the first persistent transaction note within the non-transitory data store, and
- transferring ownership of the first persistent transaction note to the second entity, comprising recording that the second entity is the registered owner of the first persistent transaction note within the non-transitory data store and transmitting electronic data verifying that the second entity possesses ownership of the first persistent transaction note through an electronic communication network while retaining the first persistent transaction note in the non-transitory data store with the first unique uniform resource identifier and maintaining the asset associated with the first persistent transaction note with the custodian;
- and
- providing electronic content pertaining to respective persistent transaction notes within the electronic communication network, comprising providing electronic content pertaining to the first persistent transaction note via the electronic communication network in response to a request received while the second entity possesses ownership of the first PEAC note and comprising the first unique uniform resource identifier.
3 more elements
Dependencies are inferred from the claim text.