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. 11, 2023

Filed:

Mar. 17, 2021
Applicant:

Mastercard International Incorporated, Purchase, NY (US);

Inventors:

Sébastien Le Callonnec, Greystones, IE;

Rakesh Yadav, Cape Elizabeth, ME (US);

Sarala Buradagunta, West Orange, NJ (US);

Assignee:
Attorney:
Primary Examiner:
Int. Cl.
CPC ...
G06Q 20/02 (2012.01); G06Q 10/10 (2023.01); G06Q 20/38 (2012.01); H04L 9/40 (2022.01); G06Q 20/06 (2012.01);
U.S. Cl.
CPC ...
G06Q 20/02 (2013.01); G06Q 10/10 (2013.01); G06Q 20/3825 (2013.01); G06Q 20/3829 (2013.01); H04L 63/101 (2013.01); H04L 63/18 (2013.01); G06Q 20/0655 (2013.01);
Abstract

Delegating issuance capability to a third-party of fungible digital assets involves a central (e.g., central bank) processor receiving a request to issue fungible digital assets from a third-party node; verifying the request; validating request to issue fungible digital assets from the third-party; approving or rejecting the request; if the request to issue fungible digital assets is approved, creating an issuance authorization message; executing a smart contract clause to add an entity of the third-party node to a list of authorized entities; publishing the issuance authorization message on a blockchain indicating that a third-party node has been added to the list of authorized entities; and publishing a revocation message on the blockchain revoking an authorization granted to the third-party node to issue digital assets.


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