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.
Patent No.:
Date of Patent:
May. 03, 2022
Filed:
Apr. 26, 2017
Ashish Kumar, Lewisville, TX (US);
Ashish Kumar, Lewisville, TX (US);
Other;
Abstract
A method and system for securely processing and managing electronic transactions using one or more electronic currencies. The method and system of the present invention comprise a mechanism for device entities to engage in a financial transaction and process the transaction electronically without being connected to any remote communication link at the time of transaction; any one participating entity of the transaction to submit transaction to a central controller for settlement at any time after the transaction initiation; electronic transaction requiring exchange of electronic currency; electronic currency also being available in physical as well as multiple denominations with localization feature; both electronic transaction and electronic currency to be validated and verified securely through at least one central controller consisting of a central processing unit, operating system software to run the central processing unit and data storage means to identify at least transacting device entities, currency attributes and transaction attributes.