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:
Oct. 10, 2023
Filed:
Jan. 08, 2021
Applicant:
Wells Fargo Bank, N.a., San Francisco, CA (US);
Inventors:
Ashish Kurani, Hillsborough, CA (US);
Wayne Barakat, Novato, CA (US);
Martin Barrs, San Francisco, CA (US);
Dominik Vltavsky, San Francisco, CA (US);
Assignee:
Wells Fargo Bank, N.A., San Francisco, CA (US);
Attorney:
Primary Examiner:
Assistant Examiner:
Int. Cl.
CPC ...
G06Q 20/36 (2012.01); G06Q 20/40 (2012.01); G06Q 20/20 (2012.01); G06Q 20/06 (2012.01); G06Q 40/04 (2012.01); G06F 16/23 (2019.01); G06Q 20/38 (2012.01);
U.S. Cl.
CPC ...
G06Q 20/3678 (2013.01); G06F 16/2379 (2019.01); G06Q 20/0652 (2013.01); G06Q 20/0655 (2013.01); G06Q 20/202 (2013.01); G06Q 20/204 (2013.01); G06Q 20/389 (2013.01); G06Q 20/4037 (2013.01); G06Q 40/04 (2013.01); G06Q 2220/00 (2013.01);
Abstract
Systems and methods for expediting math-based currency ('MBC') transactions are described. A financial institution facilitates the expedited MBC transactions. The expedited MBC transactions are achieved by guaranteeing merchants that a pending MBC transaction between the merchant and a customer will be verified by the MBC verification nodes. A provided guarantee can be collected on by the merchant in the event that a guaranteed MBC transaction is not verified by the MBC verification nodes.