BLOCKCHAIN SYSTEMS AND METHODS

Systems and methods for micro-transactions using virtual currency via a blockchain. A central authority server provides a shadow ledger to track verified but unposted transactions with respect to users of the virtual currency economy. New proposed transactions are checked against both the master rec...

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Bibliographische Detailangaben
1. Verfasser:	Laiben, Brendan
Format:	Patent
Sprache:	eng
Schlagworte:	CALCULATING COMPUTING COUNTING DATA PROCESSING SYSTEMS OR METHODS, SPECIALLY ADAPTED FORADMINISTRATIVE, COMMERCIAL, FINANCIAL, MANAGERIAL, SUPERVISORYOR FORECASTING PURPOSES ELECTRIC COMMUNICATION TECHNIQUE ELECTRICITY PHYSICS SYSTEMS OR METHODS SPECIALLY ADAPTED FOR ADMINISTRATIVE,COMMERCIAL, FINANCIAL, MANAGERIAL, SUPERVISORY OR FORECASTINGPURPOSES, NOT OTHERWISE PROVIDED FOR TRANSMISSION OF DIGITAL INFORMATION, e.g. TELEGRAPHICCOMMUNICATION
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Beschreibung
Zusammenfassung:	Systems and methods for micro-transactions using virtual currency via a blockchain. A central authority server provides a shadow ledger to track verified but unposted transactions with respect to users of the virtual currency economy. New proposed transactions are checked against both the master records in the blockchain database and the shadow ledger to confirm that, when posted to the blockchain, they will be valid. Confirmed transactions are authenticated via tokens provided to users, who then remit the tokens to participants in exchange for access to content (e.g., paywall content, ad-free content, etc.). Users may acquire virtual currency through similar micro-transactions conducted in reverse. The unposted, cached transactions are then posted to the blockchain in bulk.