Invention Grant
- Patent Title: Digital asset distribution by transaction device
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Application No.: US18172216Application Date: 2023-02-21
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Publication No.: US12062039B2Publication Date: 2024-08-13
- Inventor: Sivanarayana Gaddam , Gyan Prakash , John Arendt
- Applicant: Visa International Service Association
- Applicant Address: US CA San Francisco
- Assignee: Visa International Service Association
- Current Assignee: Visa International Service Association
- Current Assignee Address: US CA San Francisco
- Agency: Kilpatrick Townsend & Stockton LLP
- The original application number of the division: US16300689
- Main IPC: G06Q20/36
- IPC: G06Q20/36 ; G06Q20/04 ; G06Q20/06 ; G06Q20/10 ; G06Q20/34 ; G06Q20/38 ; G06Q20/40

Abstract:
A user can associate a digital asset corresponding to a value with a transaction device to be used by another user. For example, a first user can load a digital asset corresponding to a cryptocurrency amount onto a transaction device, where the first user then provides the transaction device to a second user. The second user can utilize the cryptocurrency amount on the transaction device to conduct a transaction. The generation and use of digital assets can be managed using ledgers that store data in the form of block chains.
Public/Granted literature
- US20230206217A1 DIGITAL ASSET DISTRIBUTION BY TRANSACTION DEVICE Public/Granted day:2023-06-29
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