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:
Jun. 01, 2021

Filed:

Sep. 22, 2017
Applicant:

Raise Marketplace Inc., Chicago, IL (US);

Inventors:

Josh K. Metnick, Chicago, IL (US);

Conrad Hancock Barski, Evanston, IL (US);

Assignee:

Raise Marketplace Inc., Chicago, IL (US);

Attorneys:
Primary Examiner:
Assistant Examiner:
Int. Cl.
CPC ...
G06Q 20/40 (2012.01); G06Q 20/12 (2012.01); G06Q 30/06 (2012.01); G06Q 20/34 (2012.01); G06Q 30/00 (2012.01); G06F 3/0482 (2013.01); G06F 3/14 (2006.01);
U.S. Cl.
CPC ...
G06Q 20/409 (2013.01); G06Q 20/12 (2013.01); G06Q 20/34 (2013.01); G06Q 20/4014 (2013.01); G06Q 30/016 (2013.01); G06Q 30/018 (2013.01); G06Q 30/0601 (2013.01); G06F 3/0482 (2013.01); G06F 3/14 (2013.01);
Abstract

A method includes receiving, by a marketplace server, a request to use a digital exchange item from a computing device. The method further includes obtaining secure custody of a digital chain of custody of the digital exchange item where the digital exchange item has been updated in regards to the request. The method further includes verifying exchange item information and exchange item use information and updating the digital chain of custody of the digital exchange item accordingly. When the exchange item information and exchange item use information is verified, the method further includes verifying merchant information regarding the requested use of the digital exchange item and updating the digital chain of custody of the digital exchange item accordingly. When the merchant information is verified, the method further includes executing the use of the digital exchange item and updating the digital chain of custody of the digital exchange item accordingly.


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