Electronic wallet allowing virtual currency expiration date

An expiring virtual currency (EVC) apparatus, comprising:

• a memory;
• and
• a processor that is configured to:
• retrieve an EVC transaction associated with a blockchain and addressed to an address associated with an EVC wallet, the EVC transaction comprising an expiration date for the EVCs, the EVCs being subject to virtual currency user rules (VCURs) of which the expiration date is a part of;
• determine whether the expiration date of the EVCs in the EVC transaction has passed;
• and
• based on a first condition that the expiration date has passed, automatically, and without user intervention, transfer the EVCs to a transferee designated in the VCURs.

A computer program product for an expiring virtual currency apparatus, the computer program product comprising:

• one or more computer readable storage media, and program instructions collectively stored on the one or more computer readable storage media, the program instructions comprising program instructions to:
• retrieve an EVC transaction associated with a blockchain and addressed to an address associated with an EVC wallet, the EVC transaction comprising an expiration date for the EVCs, the EVCs being subject to virtual currency user rules (VCURs) of which the expiration date is a part of;
• determine whether the expiration date of the EVCs in the EVC transaction has passed;
• and
• based on a first condition that the expiration date has passed, automatically, and without user intervention, transfer the EVCs to a transferee designated in the VCURs.

An expiring virtual currency (EVC) system, comprising:

• an EVC issuer device, comprising:
• a memory;
• and
• a processor that is configured to:
• create an account list comprising a plurality of account records, each comprising an indicator as to whether an EVC recipient associated with the EVC recipient identifier is inside or outside of a predefined set of EVC recipients, wherein the account records correspond to a plurality of EVC recipients;
• create an EVC recipient destination list comprising a plurality of destination records, each comprising the EVC recipient identifier, the public key, the virtual currency address, and the indicator as to whether the EVC recipient is inside or outside of a predefined set of EVC recipients;
• create a value related to an expiration date for the EVCs;
• set an EVC recipient address and security keys for each of a plurality of EVC wallets used to hold EVCs for the EVC recipients;
• and
• distribute said each of the EVC wallets to respective said EVC recipients.

A computer implemented method comprising using a processor of a device of an expiring virtual currency (EVC) issuer, the processor configured for:

• creating an account list comprising a plurality of account records, each comprising an EVC recipient identifier, a private key, a public key, a virtual currency address, and an indicator as to whether an EVC recipient associated with the EVC recipient identifier is inside or outside of a predefined set of EVC recipients, wherein the account records correspond to a plurality of EVC recipients;
• creating an EVC recipient destination list comprising a plurality of destination records, each comprising the EVC recipient identifier, the public key, the virtual currency address, and the indicator as to whether the EVC recipient is inside or outside of a predefined set of EVC recipients;
• creating a value related to an expiration date for the EVCs;
• setting an EVC recipient address and security keys for each of a plurality of EVC wallets used to hold EVCs for the EVC recipients;
• and
• distributing said each of the EVC wallets to respective said EVC recipients.