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AssigneeBank of America Corporation
InventorsJames Gregory Ronca, Gregory Joseph Lloyd, Tony England, Stephen Philip Selfridge
Estimating the term…
Embodiments of the present invention are used in a token based financial transaction system, whereby individual tokens associated with one or more financial accounts provided to one or more third parties. Embodiments credit an amount of a virtual currency in at least one bank account of a customer, wherein the at least one bank account has an associated amount of funds that is increased by the credit of the amount of virtual currency; generate a payment token associated with the at least one bank account of the customer; receive a transaction request to process a transaction using the token; determine that the transaction request is associated with a transaction having a transaction amount less than or equal to the amount of funds associated with the at least one bank account; and approve and settle the transaction.
A system for managing virtual currency, the system comprising:
A computer program product for managing virtual currency, the computer program product comprising at least one non-transitory computer-readable medium having computer-readable program code portions embodied therein, the computer-readable program code portions comprising:
A computer-implemented method for managing virtual currency, the method executable by one or more processing devices and comprising:
Dependencies are inferred from the claim text.