# US 2019/0318377 A1 · System and method for a digital coin exchange

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- Number: US 2019/0318377 A1
- Document ID: US20190318377A1
- Status: Published application
- Kind: A1
- Application number: 16/451,800
- Filed: 2019-06-25
- Published: 2019-10-17
- Earliest claimed: 2019-06-25
- Assignees: Alef Edge, Inc.
- Applicants: Alef Edge, Inc.
- Inventors: Ganapathy Subramanian Sundaram; Ian Patrick Bennett
- Web page: https://patentgrep.com/patent/US20190318377A1

## CPC

- G06Q 30/0226: Incentive systems for frequent usage, e.g. frequent flyer miles programs or point systems
- G06Q 20/06: Private payment circuits, e.g. involving electronic currency used among participants of a common payment scheme
- G06Q 20/0658: {e-cash managed locally}
- G06Q 20/36: using electronic wallets or electronic money safes
- G06Q 20/3678: {e-cash details, e.g. blinded, divisible or detecting double spending}
- G06Q 20/389: {Keeping log of transactions for guaranteeing non-repudiation of a transaction}
- G06Q 30/0251: Targeted advertisements
- G06Q 30/0277: {Online advertisement}
- G06Q: INFORMATION AND COMMUNICATION TECHNOLOGY [ICT] SPECIALLY ADAPTED FOR ADMINISTRATIVE, COMMERCIAL, FINANCIAL, MANAGERIAL OR SUPERVISORY PURPOSES; SYSTEMS OR METHODS SPECIALLY ADAPTED FOR ADMINISTRATIVE, COMMERCIAL, FINANCIAL, MANAGERIAL OR SUPERVISORY PURPOSES, NOT OTHERWISE PROVIDED FOR

## Abstract

Systems and methods for digital coin exchange. A digital coin platform receives a distribution request from an entity server comprising digital multimedia content associated with an entity. Digital coins are created responsive to the request. Each digital coin comprises a first coin associated with the entity and a second coin associated with consumers. The first and second coins are linked via linking information. The first coins are transferred to the entity server. A consumption request including the digital multimedia content is transmitted to a consumer device. Responsive to an indication that the content is at least partially consumed via the consumer device, one or more second coins are transferred to the consumer device. The digital coins and the transferred first and second coins are recorded. The transferred second coins permit the consumer device to perform transactions associated with the entity.

## Claims

### Claim 1

A system for digital coin exchange, the system comprising:
at least one entity server associated with an entity;
at least one consumer device; and
a digital coin platform communicatively coupled to the at least one entity server and the at least one consumer device via at least one network, the digital coin platform comprising at least one computer including non-transitory memory storing computer readable instructions and at least one processor configured to execute the computer readable instructions, the digital coin platform configured to:
receive, via the at least one network, a distribution request from the at least one entity server, the distribution request comprising digital multimedia content associated with the entity,
create, responsive to the distribution request, one or more digital coins, each digital coin comprising at least one first coin associated with the entity and at least one second coin associated with one or more consumers, the at least one first coin linked to the at least one second coin via linking information,
transfer one or more first coins of the at least one first coin to the at least one entity server,
transmit, via the at least one network, to the at least one consumer device, a consumption request including the digital multimedia content,
responsive to receiving an indication that the digital multimedia content is at least partially consumed via the at least one consumer device, transfer one or more second coins of the least one second coin to the at least one consumer device, and
record, on the digital coin platform, the created one or more digital coins, the transferred second coins, and the transferred first coins,
wherein the transferred second coins permit the at least one consumer device to perform transactions associated with the entity.

### Claim 2 (depends on 1)

The system of claim 1, wherein the digital coin platform includes a distributed ledger and a digital wallet, the digital coin platform being configured to record the created one or more digital coins, the transferred second coins, and the transferred first coins on the distributed ledger, and the digital coin platform being configured to transfer the one or more second coins from said digital wallet to a digital wallet of the at least one consumer device.

### Claim 3 (depends on 1)

The system of claim 1, wherein:
the at least one consumer device is configured to consume one or more data resources associated with a predetermined data subscription service of a mobile network operator, responsive to the at least partially consumed digital multimedia content.

### Claim 4 (depends on 1)

The system of claim 1, wherein the digital coin platform is part of an edge Internet architecture and includes a Mobile Edge Computing (MEC) platform for connectivity.

### Claim 5 (depends on 1)

The system of claim 1, further comprising a transaction device associated with the entity and the at least one first coin, the transaction device configured to process a digital coin transaction with the at least one consumer device for at least one item associated with the entity, the transaction device configured to:
detect the one or more second coins stored on the at least one consumer device,
match the detected second coins to the at least one first coin, and
complete the digital coin transaction using at least a portion of the detected second coins, responsive to the match.

### Claim 6 (depends on 5)

The system of claim 5, wherein the digital coin platform is configured to retire the portion of the detected second coins and the at least one first coin involved in the digital transaction, responsive to a transaction notification from the transaction device indicating the completed digital coin transaction.

### Claim 7 (depends on 1)

The system of claim 1, the system further comprising:
a first transaction device associated with the entity and the at least one first coin; and
a second transaction device associated with a further entity different from the entity and not associated with the at least one first coin, the second transaction device configured to process a digital coin transaction with the at least one consumer device for at least one item associated with the further entity, the second transaction device configured to:
detect the one or more second coins stored on the at least one consumer device,
transmit a request to the digital platform to purchase a portion of the at least one first coin, responsive to the detected second coins,
receive the requested portion of the at least one first coin from the digital coin platform, the digital coin platform providing said requested portion responsive to a communication between the digital exchange platform and the first transaction device to sell the requested portion from the first transaction device,
match the detected second coins to the received portion of the at least one first coin, and
complete the digital coin transaction using at least a portion of the detected second coins, responsive to the match.

### Claim 8 (depends on 1)

The system of claim 1, the system further including a further consumer device, the at least one consumer device configured to transfer at least a portion of the one or more second coins to the further consumer device.

### Claim 9 (depends on 1)

The system of claim 1, wherein the digital coin platform is configured to at least one of track the at least one first coin, track the at least one second coin and monitor transactions associated with at least one second coin.

### Claim 10 (depends on 1)

The system of claim 1, wherein the digital coin platform is configured to determine a number of coins of the at least one second coin to transfer to the at least one consumer device based on a location of the at least one consumer device during said transfer and a data consumption cost for the location.

### Claim 11 (depends on 1)

The system of claim 1, wherein the digital multimedia content includes one or more digital advertisements and said entity includes a brand entity.

### Claim 12

A method for digital coin exchange, the method comprising:
providing a digital coin platform communicatively coupled to at least one network, the digital coin platform comprising at least one computer including non-transitory memory storing computer readable instructions and at least one processor configured to execute the computer readable instructions;
receiving, by the digital coin platform, via the at least one network, a distribution request from at least one entity server associated with an entity, the distribution request comprising digital multimedia content associated with the entity;
creating, by the digital coin platform, responsive to the distribution request, one or more digital coins, each digital coin comprising at least one first coin associated with the entity and at least one second coin associated with one or more consumers, the at least one first coin linked to the at least one second coin via linking information;
transferring, by the digital coin platform, one or more first coins of the at least one first coin to the at least one entity server;
transmitting, by the digital coin platform, via the at least one network, to at least one consumer device, a consumption request including the digital multimedia content;
responsive to receiving, by the digital coin platform, an indication that the digital multimedia content is at least partially consumed via the at least one consumer device:
transferring, by the digital coin platform, one or more second coins of the least one second coin to the at least one consumer device; and
recording, on the digital coin platform, the created one or more digital coins, the transferred second coins, and the transferred first coins,
wherein the transferred second coins permit the at least one consumer device to perform transactions associated with the entity.

### Claim 13 (depends on 12)

The method of claim 12, wherein the transferring of the one or more second coins includes transferring the one or more second coins from a digital wallet of the digital coin platform to a digital wallet of the at least one consumer device.

### Claim 14 (depends on 12)

The method of claim 12, the method further comprising:
consuming, by the at least one consumer device, one or more data resources associated with a predetermined data subscription service of a mobile network operator, responsive to the at least partially consumed digital multimedia content.

### Claim 15 (depends on 14)

The method of claim 14, the method further comprising, refilling, by the at least one consumer device, the consumed one or more data resources of the predetermined data subscription service, via the mobile network operator.

### Claim 16 (depends on 12)

The method of claim 12, the method further comprising:
receiving, by a transaction device associated with the entity and the at least one first coin, a request to process a digital coin transaction with the at least one consumer device for at least one item associated with the entity;
detecting, by the transaction device, the one or more second coins stored on the at least one consumer device;
matching, by the transaction device, the detected second coins to the at least one first coin; and
completing, by the transaction device, the digital coin transaction using at least a portion of the detected second coins, responsive to the matching.

### Claim 17 (depends on 16)

The method of claim 16, the method further comprising:
receiving, by the digital coin platform, from the transaction device, a transaction notification indicating the completed digital coin transaction; and
retiring, by the digital coin platform, responsive to the transaction notification, the portion of the detected second coins and the at least one first coin involved in the digital transaction.

### Claim 18 (depends on 12)

The method of claim 12, the method further comprising:
receiving, by a transaction device associated with a further entity different from the entity and not associated with the at least one first coin, a request to process a digital coin transaction with the at least one consumer device for at least one item associated with the further entity;
detecting, by the transaction device, the one or more second coins stored on the at least one consumer device,
transmitting, by the transaction device, a request to the digital platform to purchase a portion of the at least one first coin, responsive to the detected second coins;
performing, by the digital coin platform, with a further transaction device, a transaction to sell the requested portion from the further transaction device, responsive to the said purchase request, the further transaction device associated with the entity and the at least one first coin;
transmitting, by the digital coin platform, to the transaction device, the requested portion of the at least one first coin, responsive to the transaction with the further transaction device;
matching, by the transaction device, the detected second coins to the received portion of the at least one first coin; and
completing, by the transaction device, the digital coin transaction using at least a portion of the detected second coins, responsive to the matching.

### Claim 19 (depends on 12)

The method of claim 12, the method further comprising transferring, by the at least one consumer device, at least a portion of the one or more second coins to a further consumer device.

### Claim 20 (depends on 12)

The method of claim 12, the method further comprising, by the digital coin platform, at least one of tracking the at least one first coin, tracking the at least one second coin and monitoring transactions associated with at least one second coin.

### Claim 21 (depends on 20)

The method of claim 20, wherein at least said creating; said transferring of the one or more first coins, said transferring of the one or more second coins, said recording and said at least one of tracking and monitoring improves digital marketing efficiency and rewarding of at least one of advertising effort and loyalty.

### Claim 22 (depends on 12)

The method of claim 12, the method further comprising determining, by the digital coin platform, a number of coins of the at least one second coin to transfer to the at least one consumer device based on a location of the at least one consumer device during said transfer and a data consumption cost for the location.

### Claim 23 (depends on 12)

The method of claim 12, wherein the digital multimedia content includes one or more digital advertisements and said entity includes a brand entity.

### Claim 24

A non-transitory computer readable medium storing computer readable instructions that, when executed by one or more processing devices, cause the one or more processing devices to perform the functions comprising:
receiving, via at least one network, a distribution request from at least one entity server associated with an entity, the distribution request comprising digital multimedia content associated with the entity,
creating, responsive to the distribution request, one or more digital coins, each digital coin comprising at least one first coin associated with the entity and at least one second coin associated with one or more consumers, the at least one first coin linked to the at least one second coin via linking information,
transmitting, via the at least one network, to at least one consumer device, a consumption request including the digital multimedia content,
responsive to receiving an indication that the digital multimedia content is at least partially consumed via the at least one consumer device:
transferring one or more second coins of the least one second coin to the at least one consumer device, and
transferring one or more first coins of the at least one first coin to the at least one entity server, and
recording the created one or more digital coins, the transferred second coins, and the transferred first coins,
wherein the transferred second coins permit the at least one consumer device to perform transactions associated with the entity.

### Claim 25

A system for digital coin exchange, the system comprising:
a digital coin platform comprising at least one computer communicatively coupled to at least one network, the digital coin platform configured to create one or more digital coins and to track the digital coins, each digital coin comprising at least one first coin associated with the entity and at least one second coin, the at least one first coin linked to the at least one second coin via linking information, the at least one second coin for performing digital coin transactions associated with the entity;
a consumer device configured to store one or more second coins of the at least one second coin received from the digital coin platform;
a first transaction device associated with the entity and the at least one first coin; and
a second transaction device associated with a further entity different from the entity and not associated with the at least one first coin,
wherein:
when the consumer device initiates a first digital transaction with the first transaction device for at least one item associated with the entity, the first transaction device is configured to match the one or more second coins stored in the consumer device to the at least one first coin, and to complete the first digital transaction with at least a portion of the one or more second coins responsive to the match, and
when the consumer device initiates a second digital transaction with the second transaction device for at least one item associated with the further entity, the second transaction device is configured to obtain a portion of the at least one first coin based on a transaction with the first transaction device via the digital coin platform, match the one or more second coins stored in the consumer device to the obtained portion of the least one first coin, and to complete the second digital transaction with at least a portion of the one or more second coins responsive to the match.

### Claim 26 (depends on 25)

The system of claim 25, wherein the digital coin platform is configured to retire the portion of the one or more second coins and the at least one first coin responsive to completion of either the first digital transaction or the second digital transaction.

### Claim 27 (depends on 25)

The system of claim 25, the system further including a further consumer device, the consumer device configured to transfer at least a portion of the stored one or more second coins to the further consumer device.

### Claim 28 (depends on 25)

The system of claim 25, wherein the digital coin platform is configured to at least one of track the at least one first coin, track the at least one second coin and monitor transactions associated with at least one second coin.

### Claim 29 (depends on 25)

The system of claim 25, wherein the digital coin platform is configured to transfer the one or more second coins to the consumer device responsive to at least partial consumption, by the consumer device, of digital multimedia content associated with the entity.

### Claim 30 (depends on 29)

The system of claim 29, wherein the digital coin platform transfers the one or more second coins in response to one or more data resources used by the consumer device responsive to consumption of the digital multimedia content.
