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:
Mar. 07, 2023
Filed:
Nov. 16, 2021
Wells Fargo Bank, N.a., San Francisco, CA (US);
Sayali Bhos, San Francisco, CA (US);
Harmit Singh Dhanoa, San Francisco, CA (US);
Laura Marie Fontana, San Francisco, CA (US);
Marc Le Boeuf, San Francisco, CA (US);
Matthew Shepherd, Charlotte, NC (US);
Nikolai Stroke, Gilbert, AZ (US);
Duc M. Trinh, Golden Valley, MN (US);
Daniel G. Vogt, New York, NY (US);
Wells Fargo Bank, N.A., San Francisco, CA (US);
Abstract
Systems, methods, and computer-readable storage media utilized receiving a customer request via a graphical user interface (GUI) of a wallet application, extracting transfer information from the customer request based on a smart contract and identifying the transfer information in predefined fields, determining the customer account is associated with a first type of currency and the recipient account is associated with a second type of currency, automatically determining and locking-in an exchange rate, transmitting data corresponding to the exchange rate to the GUI, exchanging an amount of the first type of currency for an amount of the second type of currency based on the exchange rate, transferring an amount for the currency transfer from the wallet application to the recipient account via an omnibus account based on executing a smart contract on a distributed ledger, and transmitting a confirmation of the currency transfer to the GUI of the wallet application.