The patent badge is an abbreviated version of the USPTO patent document. The patent badge does contain a link to the full patent document.

The patent badge is an abbreviated version of the USPTO patent document. The patent badge covers the following: Patent number, Date patent was issued, Date patent was filed, Title of the patent, Applicant, Inventor, Assignee, Attorney firm, Primary examiner, Assistant examiner, CPCs, and Abstract. The patent badge does contain a link to the full patent document (in Adobe Acrobat format, aka pdf). To download or print any patent click here.

Date of Patent:
Jan. 12, 2021

Filed:

Feb. 13, 2017
Applicant:

International Business Machines Corporation, Armonk, NY (US);

Inventors:

Giacomo G. Chiarella, Eastleigh, GB;

Brad Roeger, Hampshire, GB;

William L. Yates, Portsmouth, GB;

Attorneys:
Primary Examiner:
Assistant Examiner:
Int. Cl.
CPC ...
G06Q 20/32 (2012.01);
U.S. Cl.
CPC ...
G06Q 20/3224 (2013.01); G06Q 20/32 (2013.01);
Abstract

Methods are disclosed for a digital escrow service for an electronic transfer, where the transfer is completed based on the geographic location of the sender or receiver. The method includes obtaining information representative of a geographic area, initiating an electronic transfer, determining whether or not at least one of the sender and the receiver is located within the geographic area and executing the electronic transfer based on whether it is determined that at least one of the sender and receiver is located within the geographic area. As an enhancement, the method may include processing a transaction between a plurality of senders and a receiver.


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