SYSTEMS AND METHODS FOR BLOCKCHAIN-BASED ESCROW MANAGEMENT

SYSTEMS AND METHODS FOR BLOCKCHAIN-BASED ESCROW MANAGEMENT

Systems and methods are disclosed for verifying and processing financial transactions. In certain embodiments, the techniques involve receiving transaction data corresponding to a financial transaction from a sender and detecting and verifying transaction terms from the transaction data. The system...

Ausführliche Beschreibung

Gespeichert in:
Bibliographische Detailangaben
1. Verfasser: Chung, Sungjae
Format: Patent
Sprache:eng
Schlagworte:
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
Online-Zugang:Volltext bestellen
Tags: Tag hinzufügen
Keine Tags, Fügen Sie den ersten Tag hinzu!
Beschreibung
Zusammenfassung:Systems and methods are disclosed for verifying and processing financial transactions. In certain embodiments, the techniques involve receiving transaction data corresponding to a financial transaction from a sender and detecting and verifying transaction terms from the transaction data. The system then receives a second set of transaction data corresponding to the financial transaction from a receiver and verifying that the first set of transaction data corresponds to the second set of transaction data. Based on that verification, the system initiates the transfer of cryptocurrency or other digital assets associated with the financial transaction.