Liquidity pools for tokenized rewards
AssigneeCapital One Services, LLC
InventorsXiaoguang Zhu, Kevin Osborn, Samuel Rapowitz
Life of this patent
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AssigneeCapital One Services, LLC
InventorsXiaoguang Zhu, Kevin Osborn, Samuel Rapowitz
Estimating the term…
Systems and methods for tokenizing reward points are disclosed. In particular, the systems and methods enable an issuer system to operate as a decentralized oracle to facilitate trading tokenized points and tokenized rewards in a blockchain environment. The system includes receiving transaction data indicative of a transaction completed at a transaction system, calculating a quantity of transaction points to allocate to the transaction data, and tokenizing the transaction points to create tokenized points. The tokenized points can be placed in a liquidity pool with tokenized rewards. The pair values between tokenized rewards and tokenized points can be assess by the issuer system accessing off-chain data and returning the pair values to the liquidity pool.
A method for tokenizing and quantifying reward points, the method comprising:
A system for tokenizing and quantifying reward points, the system comprising:
A system for tokenizing and quantifying reward points, the system comprising:
Dependencies are inferred from the claim text.