Invention Grant
- Patent Title: Methods and systems for regulating operation of units using encryption techniques associated with a blockchain
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Application No.: US16863864Application Date: 2020-04-30
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Publication No.: US11574334B2Publication Date: 2023-02-07
- Inventor: Cassie Boutelle , Lou Grilli , Troy Land , James Heystek , Wade D. Murray
- Applicant: Fidelity National Information Services, Inc.
- Applicant Address: US FL Jacksonville
- Assignee: Fidelity National Information Services, Inc.
- Current Assignee: Fidelity National Information Services, Inc.
- Current Assignee Address: US FL Jacksonville
- Agency: Finnegan, Henderson, Farabow, Garrett & Dunner LLP
- Main IPC: G06Q30/00
- IPC: G06Q30/00 ; G06Q30/02 ; H04L9/32 ; H04L9/00

Abstract:
Methods and systems for regulating generation of units according to at least one encryption technique associated with a blockchain are disclosed. In some embodiments, a system includes a communication device configured to communicate with a computing device executing an application and a processor configured to execute instructions to perform operations. The operations include receiving transaction information describing a transaction; based on the transaction, determining product awards for at least one product awards program for the transaction; using the blockchain, determining a real-time conversion rate for the transaction, where the real-time conversion rate is regulated by the at least one encryption technique; based on the real-time conversion rate, converting the product awards to units; and entering into the blockchain encrypted data associated with the transaction, wherein the encrypted data is encrypted according to the at least one encryption technique.
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