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:
Jul. 20, 2021

Filed:

Sep. 20, 2019
Applicant:

Bank of America Corporation, Charlotte, NC (US);

Inventor:

Rick A. Beye, Highland Beach, FL (US);

Assignee:

BANK OF AMERICA CORPORATION, Charlotte, NC (US);

Attorneys:
Primary Examiner:
Assistant Examiner:
Int. Cl.
CPC ...
G06Q 40/00 (2012.01); G06Q 20/32 (2012.01); G06Q 20/36 (2012.01); H04L 9/32 (2006.01); G06Q 20/38 (2012.01); G06Q 20/00 (2012.01);
U.S. Cl.
CPC ...
G06Q 20/3278 (2013.01); G06Q 20/00 (2013.01); G06Q 20/3674 (2013.01); G06Q 20/3678 (2013.01); G06Q 20/388 (2013.01); G06Q 20/3829 (2013.01); H04L 9/3297 (2013.01);
Abstract

Embodiments of the present invention provide a system for resource distribution within an offline environment. A merchant device internally stores a repository of reference codes and managing entity public keys that are paired with managing entity private keys. The user requests an amount of resources for offline exchange from the managing entity system. The managing entity system transmits certain authorization and encryption information to a user device. When the user device receives an exchange prompt from the computing device of the merchant through near field communication, it generates a digital token incorporating layers of content encryption ending with a managing entity's private key. The encrypted token and reference code are transmitted via near field communication to the merchant device. The merchant device matches the reference code to the managing entity public key and decrypts portions of the token with the managing entity public key to acquire the usable exchange information.


Find Patent Forward Citations

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Beye, Rick. (2021). System for resource distribution within an offline environment (U.S. Patent No. 11068881). U.S. Patent and Trademark Office. https://idiyas.com/patent/badge/11068881

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