# US 2022/0180350 A1 · Cryptocurrency transactions with synchronized images

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- Number: US 2022/0180350 A1
- Document ID: US20220180350A1
- Status: Published application
- Kind: A1
- Application number: 17/112,001
- Filed: 2020-12-04
- Published: 2022-06-09
- Earliest claimed: 2020-12-04
- Assignees: The Code Corporation
- Applicants: Code Inc.
- Inventors: Ted LIVINGSTON
- Web page: https://patentgrep.com/patent/US20220180350A1

## CPC

- G06Q 20/3276: {using a pictured code, e.g. barcode or QR-code, being read by the M-device}
- G06F 3/1454: {involving copying of the display data of a local workstation or window to a remote workstation or window so that an actual copy of the data is displayed simultaneously on two or more displays, e.g. teledisplay}
- G06K 7/1095: {the scanner comprising adaptations for scanning a record carrier that is displayed on a display-screen or the like}
- G06K 7/1413: {1D bar codes}
- G06K 7/1417: {2D bar codes}
- G06K 19/06028: {using bar codes}
- G06K 19/06037: {multi-dimensional coding}
- G06K 19/06103: {the marking being embedded in a human recognizable image, e.g. a company logo with an embedded two-dimensional code}
- G06K 19/06112: {the marking being simulated using a light source, e.g. a barcode shown on a display or a laser beam with time-varying intensity profile}
- G06Q 20/0655: {e-cash managed centrally}
- G06Q 20/3274: {using a pictured code, e.g. barcode or QR-code, being displayed on the M-device}
- G06Q 40/04: Trading; Exchange, e.g. stocks, commodities, derivatives or currency exchange
- G09G 5/12: Synchronisation between the display unit and other units, e.g. other display units, video-disc players
- H04L 9/32: including means for verifying the identity or authority of a user of the system {or for message authentication, e.g. authorization, entity authentication, data integrity or data verification, non-repudiation, key authentication or verification of credentials}
- 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
- G06F: ELECTRIC DIGITAL DATA PROCESSING (computer systems based on specific computational models G06N)
- G06K: GRAPHICAL DATA READING (image or video recognition or understanding G06V); PRESENTATION OF DATA; RECORD CARRIERS; HANDLING RECORD CARRIERS
- G09G: ARRANGEMENTS OR CIRCUITS FOR CONTROL OF INDICATING DEVICES USING STATIC MEANS TO PRESENT VARIABLE INFORMATION (arrangements for transferring data between digital computers and displays G06F3/14; static indicating arrangements comprising an association of a number of separate sources or light control cells G09F9/00; static indicating arrangements comprising integral associations of a number of light sources H01J, H01K, H10H, H05B33/12; scanning, transmission or reproduction of documents or the like, e.g. facsimile transmission, details thereof H04N1/00)
- H04L: TRANSMISSION OF DIGITAL INFORMATION, e.g. TELEGRAPHIC COMMUNICATION (arrangements common to telegraphic and telephonic communication H04M)

## Abstract

A value is exchanged between accounts held by users of two portable electronic devices. The devices synchronize disappearance of the image at the sending device and appearance of the image at the receiving device to give the impression that a physical object representative of the value has been exchanged (e.g., handed) between the users.

## Claims

### Claim 1

A portable electronic device comprising:
a display device;
a camera;
a communications interface; and
a processor connected to the display device, the camera, and the communications interface, the processor to operate in a value-sending mode and a value-receiving mode;
wherein, in the value-sending mode, the processor is to:
control the display device to display an image representative of a value to be sent from an account associated with the portable electronic device to an account associated with another portable electronic device that is in the value-receiving mode;
control the communications interface to participate in a transfer of the value to be sent between the accounts in response to the other portable electronic device capturing the image with its camera; and
synchronize disappearance of the image from the display device with appearance of the image at the other portable electronic device;
wherein, in the value-receiving mode, the processor is to:
control the camera to capture an image representative of a value to be received by the account associated with the portable electronic device from the account associated with the other portable electronic device that is in the value-sending mode, wherein the image is captured while displayed by the other portable electronic device;
control the communications interface to participate in a transfer of the value to be received in response to capture of the image; and
synchronize appearance of the image on the display device with disappearance of the image from the other portable electronic device.

### Claim 2 (depends on 1)

The portable electronic device of claim 1, wherein the processor is to agree on a time with the other portable electronic device to synchronize the disappearance and appearance of the image, such that the disappearance and appearance of the image occur within about 2 seconds of each other.

### Claim 3 (depends on 1)

The portable electronic device of claim 1, wherein the image does not appear on both of the portable electronic devices for more than 2 seconds.

### Claim 4 (depends on 3)

The portable electronic device of claim 3, wherein the image is not absent from both of the portable electronic devices for more than 2 seconds.

### Claim 5 (depends on 1)

The portable electronic device of claim 1, wherein the processor is to synchronize disappearance and appearance of the image with the other portable electronic device to provide an illusion of users of the portable electronic devices exchanging a physical object represented by the image.

### Claim 6 (depends on 1)

The portable electronic device of claim 1, wherein the image does not appear on both of the portable electronic devices and is not absent from both of the portable electronic devices for longer than a predetermined time that is selected to visually simulate the physical conveyance of a physical object represented by the image.

### Claim 7 (depends on 1)

The portable electronic device of claim 1, wherein the image as displayed on the sending or receiving portable electronic device is substantially similar to the image as displayed on the display device of the portable electronic device.

### Claim 8 (depends on 1)

The portable electronic device of claim 1, wherein the image contains a machine-readable code to trigger the transfer of the value between the accounts.

### Claim 9 (depends on 8)

The portable electronic device of claim 8, wherein the image contains a human-readable indication of the value.

### Claim 10 (depends on 9)

The portable electronic device of claim 9, wherein the image contains a predominant color representative of the value.

### Claim 11 (depends on 1)

The portable electronic device of claim 1, wherein the processor is to control the communications interface to conduct the transfer using a blockchain.

### Claim 12 (depends on 1)

The portable electronic device of claim 1, wherein synchronizing the disappearance and appearance of the image includes playing respective animations at the portable electronic devices at a time agreed by the portable electronic devices.