Title:
METHOD AND SYSTEM FOR TOKENIZED REPLACEMENT OF CRYPTO CURRENCY ADDRESSES
Document Type and Number:
WIPO Patent Application WO/2019/139681
Kind Code:
A1
Abstract:
A method for tokenized cross-currency transacting includes: receiving a transaction request, the request including a source address, destination address, source currency, destination currency, and currency amount; generating an intermediate address associated with a transaction account issued in the source or destination currency; processing a first payment transaction for payment of the currency amount from a transaction account associated with the source address to the transaction account associated with the intermediate address; processing a second payment transaction for payment of the currency amount from the transaction account associated with the intermediate address to a transaction account associated with the destination address; storing a transaction record including at least the intermediate address, source currency, destination currency, the currency amount; and transmitting a notification in response to the received transaction request indicating completion of the second payment transaction.
Inventors:
SHANMUGAM SARAVANA (US)
Application Number:
PCT/US2018/062700
Publication Date:
July 18, 2019
Filing Date:
November 28, 2018
Export Citation:
Assignee:
MASTERCARD INTERNATIONAL INC (US)
International Classes:
G06Q20/02; G06Q20/38; G06Q40/04
Domestic Patent References:
| WO2018226332A1 | 2018-12-13 |
Foreign References:
| US20150324764A1 | 2015-11-12 | |||
| US20030061170A1 | 2003-03-27 | |||
| US20170178237A1 | 2017-06-22 | |||
| US20150170112A1 | 2015-06-18 | |||
| CN107392580A | 2017-11-24 | |||
| US20060020542A1 | 2006-01-26 |
Attorney, Agent or Firm:
DOBBYN, Colm, J. (US)
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