Stable digital token processing and encryption on blockchain

A system for masking a transaction, comprising:

• a first database accessible by a certifier entity, comprising protected data, wherein the protected data is assigned an identifier;
• and
• a second database, comprising transactional records associated with the identity identifier, wherein the transactional records are encrypted by (1) a first key corresponding to a private key of the certifier entity and (2) a second key corresponding to a private key of a master avatar associated with the identifier,
• wherein the second key is managed by the central entity or a user associated with the master avatar,
• wherein in order to search for the transactional records associated with the identifier, two keys are provided to the second database. (Original) The system of claim 6, wherein the certifier entity does not have access to the second key.

A method for facilitating payment, comprising:

• i. receiving, at a server in communication with a central entity, from a user device of a first user, a selection of a digital token transfer method to a second user;
• ii. processing said digital token transfer method, by said server, by initiating a transfer of digital tokens from a digital account of said first user to a digital account of said central entity and substantially simultaneously initiating a transfer of a same amount of said digital tokens from said central entity to an account of said second user;
• and
• iii. receiving, at a server in communication with said central entity, from a second device of said second user a request to issue an incentive amount of digital tokens to said first user and substantially simultaneously initiate a transfer of said digital tokens of the same incentive amount from said account of said second user to said first user.

A system for facilitating payment, comprising:

• a server in communication with a blockchain network and a central entity, wherein the server comprises one or more processors, individually or collectively, configured to:
• i. receive from a first user device of a first user, a selection of a digital token transfer method to a second user;
• ii. process said digital token transfer method, by said server, by initiating a transfer of digital tokens from a digital account of said first user to a digital account of said central entity on said blockchain and substantially simultaneously initiating a transfer of a same amount of said digital tokens from said central entity to an account of said second user;
• and
• iii. receive, at a server in communication with said central entity, from a second device of said second user a request to issue a reward amount of digital tokens to said first user and substantially simultaneously initiating a transfer of said digital tokens of a same reward amount from said account of said second user to said first user.