EFFICIENT, ACCURATE, AND SECURE PROCESSING OF DIGITAL ASSET CONVERSION TO FIAT CURRENCY
Various embodiments of the present disclosure are generally directed to processing conversions of digital assets to fiat currency. An example method includes obtaining a conversion rate for a digital asset via an API, providing the conversion rate via a client device, receiving a digital asset conve...
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creator | Pittelkau, Jeffrey Scott Cooper, Brian Daniel Kumar, Deepak Agarwal, Utkarsh Devarasetty, Balaji Saucier, Stephen Paul Jaiswal, Anil Petersen, Christopher Michael Revnes, Joseph Arthur Lakshmanan, Bharath Kuchlein, Tim Jeon, Byungkwon Sagar, Yamini Bistesh Cabrera, Nicolas Frederic Matthau, William Linsteadt, Nikolais Bryant, William Andrew |
description | Various embodiments of the present disclosure are generally directed to processing conversions of digital assets to fiat currency. An example method includes obtaining a conversion rate for a digital asset via an API, providing the conversion rate via a client device, receiving a digital asset conversion request and executing a digital asset conversion within a configurable time period. Executing the digital asset conversion includes causing digital asset units to be debited from the digital asset user account and causing fiat currency units to be credited to a fiat currency user account. The method further includes dynamically providing a notification of execution of the digital asset conversion via the client device, updating account balance data objects associated with the digital asset user account and the fiat currency user account, and subsequent to executing the digital asset conversion, executing a fiat currency transaction (e.g., a settlement) with a digital asset exchange system. |
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An example method includes obtaining a conversion rate for a digital asset via an API, providing the conversion rate via a client device, receiving a digital asset conversion request and executing a digital asset conversion within a configurable time period. Executing the digital asset conversion includes causing digital asset units to be debited from the digital asset user account and causing fiat currency units to be credited to a fiat currency user account. The method further includes dynamically providing a notification of execution of the digital asset conversion via the client device, updating account balance data objects associated with the digital asset user account and the fiat currency user account, and subsequent to executing the digital asset conversion, executing a fiat currency transaction (e.g., a settlement) with a digital asset exchange system.</description><language>eng</language><subject>CALCULATING ; COMPUTING ; COUNTING ; DATA PROCESSING SYSTEMS OR METHODS, SPECIALLY ADAPTED FORADMINISTRATIVE, COMMERCIAL, FINANCIAL, MANAGERIAL, SUPERVISORYOR FORECASTING PURPOSES ; PHYSICS ; SYSTEMS OR METHODS SPECIALLY ADAPTED FOR ADMINISTRATIVE,COMMERCIAL, FINANCIAL, MANAGERIAL, SUPERVISORY OR FORECASTINGPURPOSES, NOT OTHERWISE PROVIDED FOR</subject><creationdate>2022</creationdate><oa>free_for_read</oa><woscitedreferencessubscribed>false</woscitedreferencessubscribed></display><links><openurl>$$Topenurl_article</openurl><openurlfulltext>$$Topenurlfull_article</openurlfulltext><thumbnail>$$Tsyndetics_thumb_exl</thumbnail><linktohtml>$$Uhttps://worldwide.espacenet.com/publicationDetails/biblio?FT=D&date=20220616&DB=EPODOC&CC=US&NR=2022188812A1$$EHTML$$P50$$Gepo$$Hfree_for_read</linktohtml><link.rule.ids>230,308,780,885,25564,76547</link.rule.ids><linktorsrc>$$Uhttps://worldwide.espacenet.com/publicationDetails/biblio?FT=D&date=20220616&DB=EPODOC&CC=US&NR=2022188812A1$$EView_record_in_European_Patent_Office$$FView_record_in_$$GEuropean_Patent_Office$$Hfree_for_read</linktorsrc></links><search><creatorcontrib>Pittelkau, Jeffrey Scott</creatorcontrib><creatorcontrib>Cooper, Brian Daniel</creatorcontrib><creatorcontrib>Kumar, Deepak</creatorcontrib><creatorcontrib>Agarwal, Utkarsh</creatorcontrib><creatorcontrib>Devarasetty, Balaji</creatorcontrib><creatorcontrib>Saucier, Stephen Paul</creatorcontrib><creatorcontrib>Jaiswal, Anil</creatorcontrib><creatorcontrib>Petersen, Christopher Michael</creatorcontrib><creatorcontrib>Revnes, Joseph Arthur</creatorcontrib><creatorcontrib>Lakshmanan, Bharath</creatorcontrib><creatorcontrib>Kuchlein, Tim</creatorcontrib><creatorcontrib>Jeon, Byungkwon</creatorcontrib><creatorcontrib>Sagar, Yamini Bistesh</creatorcontrib><creatorcontrib>Cabrera, Nicolas Frederic</creatorcontrib><creatorcontrib>Matthau, William</creatorcontrib><creatorcontrib>Linsteadt, Nikolais</creatorcontrib><creatorcontrib>Bryant, William Andrew</creatorcontrib><title>EFFICIENT, ACCURATE, AND SECURE PROCESSING OF DIGITAL ASSET CONVERSION TO FIAT CURRENCY</title><description>Various embodiments of the present disclosure are generally directed to processing conversions of digital assets to fiat currency. 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The method further includes dynamically providing a notification of execution of the digital asset conversion via the client device, updating account balance data objects associated with the digital asset user account and the fiat currency user account, and subsequent to executing the digital asset conversion, executing a fiat currency transaction (e.g., a settlement) with a digital asset exchange system.</description><subject>CALCULATING</subject><subject>COMPUTING</subject><subject>COUNTING</subject><subject>DATA PROCESSING SYSTEMS OR METHODS, SPECIALLY ADAPTED FORADMINISTRATIVE, COMMERCIAL, FINANCIAL, MANAGERIAL, SUPERVISORYOR FORECASTING PURPOSES</subject><subject>PHYSICS</subject><subject>SYSTEMS OR METHODS SPECIALLY ADAPTED FOR ADMINISTRATIVE,COMMERCIAL, FINANCIAL, MANAGERIAL, SUPERVISORY OR FORECASTINGPURPOSES, NOT OTHERWISE PROVIDED FOR</subject><fulltext>true</fulltext><rsrctype>patent</rsrctype><creationdate>2022</creationdate><recordtype>patent</recordtype><sourceid>EVB</sourceid><recordid>eNqNijEKAjEQRbexEPUOA7YKJjZpw-xkHZBEMsmK1bJIrEQX1vtjCg9g9d97_GVzJecYmXzagUXM0Saq5FsQqkZwiQFJhH0HwUHLHSd7BitCCTD4nqJw8JACOLY15RjJ423dLB7jcy6b366araOEp32Z3kOZp_FeXuUzZNEHrZUxRmmrjv-9vlLXMaU</recordid><startdate>20220616</startdate><enddate>20220616</enddate><creator>Pittelkau, Jeffrey Scott</creator><creator>Cooper, Brian Daniel</creator><creator>Kumar, Deepak</creator><creator>Agarwal, Utkarsh</creator><creator>Devarasetty, Balaji</creator><creator>Saucier, Stephen Paul</creator><creator>Jaiswal, Anil</creator><creator>Petersen, Christopher Michael</creator><creator>Revnes, Joseph Arthur</creator><creator>Lakshmanan, Bharath</creator><creator>Kuchlein, Tim</creator><creator>Jeon, Byungkwon</creator><creator>Sagar, Yamini Bistesh</creator><creator>Cabrera, Nicolas Frederic</creator><creator>Matthau, William</creator><creator>Linsteadt, Nikolais</creator><creator>Bryant, William Andrew</creator><scope>EVB</scope></search><sort><creationdate>20220616</creationdate><title>EFFICIENT, ACCURATE, AND SECURE PROCESSING OF DIGITAL ASSET CONVERSION TO FIAT CURRENCY</title><author>Pittelkau, Jeffrey Scott ; Cooper, Brian Daniel ; Kumar, Deepak ; Agarwal, Utkarsh ; Devarasetty, Balaji ; Saucier, Stephen Paul ; Jaiswal, Anil ; Petersen, Christopher Michael ; Revnes, Joseph Arthur ; Lakshmanan, Bharath ; Kuchlein, Tim ; Jeon, Byungkwon ; Sagar, Yamini Bistesh ; Cabrera, Nicolas Frederic ; Matthau, William ; Linsteadt, Nikolais ; Bryant, William Andrew</author></sort><facets><frbrtype>5</frbrtype><frbrgroupid>cdi_FETCH-epo_espacenet_US2022188812A13</frbrgroupid><rsrctype>patents</rsrctype><prefilter>patents</prefilter><language>eng</language><creationdate>2022</creationdate><topic>CALCULATING</topic><topic>COMPUTING</topic><topic>COUNTING</topic><topic>DATA PROCESSING SYSTEMS OR METHODS, SPECIALLY ADAPTED FORADMINISTRATIVE, COMMERCIAL, FINANCIAL, MANAGERIAL, SUPERVISORYOR FORECASTING PURPOSES</topic><topic>PHYSICS</topic><topic>SYSTEMS OR METHODS SPECIALLY ADAPTED FOR ADMINISTRATIVE,COMMERCIAL, FINANCIAL, MANAGERIAL, SUPERVISORY OR FORECASTINGPURPOSES, NOT OTHERWISE PROVIDED FOR</topic><toplevel>online_resources</toplevel><creatorcontrib>Pittelkau, Jeffrey Scott</creatorcontrib><creatorcontrib>Cooper, Brian Daniel</creatorcontrib><creatorcontrib>Kumar, Deepak</creatorcontrib><creatorcontrib>Agarwal, Utkarsh</creatorcontrib><creatorcontrib>Devarasetty, Balaji</creatorcontrib><creatorcontrib>Saucier, Stephen Paul</creatorcontrib><creatorcontrib>Jaiswal, Anil</creatorcontrib><creatorcontrib>Petersen, Christopher Michael</creatorcontrib><creatorcontrib>Revnes, Joseph Arthur</creatorcontrib><creatorcontrib>Lakshmanan, Bharath</creatorcontrib><creatorcontrib>Kuchlein, Tim</creatorcontrib><creatorcontrib>Jeon, Byungkwon</creatorcontrib><creatorcontrib>Sagar, Yamini Bistesh</creatorcontrib><creatorcontrib>Cabrera, Nicolas Frederic</creatorcontrib><creatorcontrib>Matthau, William</creatorcontrib><creatorcontrib>Linsteadt, Nikolais</creatorcontrib><creatorcontrib>Bryant, William Andrew</creatorcontrib><collection>esp@cenet</collection></facets><delivery><delcategory>Remote Search Resource</delcategory><fulltext>fulltext_linktorsrc</fulltext></delivery><addata><au>Pittelkau, Jeffrey Scott</au><au>Cooper, Brian Daniel</au><au>Kumar, Deepak</au><au>Agarwal, Utkarsh</au><au>Devarasetty, Balaji</au><au>Saucier, Stephen Paul</au><au>Jaiswal, Anil</au><au>Petersen, Christopher Michael</au><au>Revnes, Joseph Arthur</au><au>Lakshmanan, Bharath</au><au>Kuchlein, Tim</au><au>Jeon, Byungkwon</au><au>Sagar, Yamini Bistesh</au><au>Cabrera, Nicolas Frederic</au><au>Matthau, William</au><au>Linsteadt, Nikolais</au><au>Bryant, William Andrew</au><format>patent</format><genre>patent</genre><ristype>GEN</ristype><title>EFFICIENT, ACCURATE, AND SECURE PROCESSING OF DIGITAL ASSET CONVERSION TO FIAT CURRENCY</title><date>2022-06-16</date><risdate>2022</risdate><abstract>Various embodiments of the present disclosure are generally directed to processing conversions of digital assets to fiat currency. An example method includes obtaining a conversion rate for a digital asset via an API, providing the conversion rate via a client device, receiving a digital asset conversion request and executing a digital asset conversion within a configurable time period. Executing the digital asset conversion includes causing digital asset units to be debited from the digital asset user account and causing fiat currency units to be credited to a fiat currency user account. The method further includes dynamically providing a notification of execution of the digital asset conversion via the client device, updating account balance data objects associated with the digital asset user account and the fiat currency user account, and subsequent to executing the digital asset conversion, executing a fiat currency transaction (e.g., a settlement) with a digital asset exchange system.</abstract><oa>free_for_read</oa></addata></record> |
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subjects | CALCULATING COMPUTING COUNTING DATA PROCESSING SYSTEMS OR METHODS, SPECIALLY ADAPTED FORADMINISTRATIVE, COMMERCIAL, FINANCIAL, MANAGERIAL, SUPERVISORYOR FORECASTING PURPOSES PHYSICS SYSTEMS OR METHODS SPECIALLY ADAPTED FOR ADMINISTRATIVE,COMMERCIAL, FINANCIAL, MANAGERIAL, SUPERVISORY OR FORECASTINGPURPOSES, NOT OTHERWISE PROVIDED FOR |
title | EFFICIENT, ACCURATE, AND SECURE PROCESSING OF DIGITAL ASSET CONVERSION TO FIAT CURRENCY |
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