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:
Aug. 06, 2024
Filed:
Apr. 15, 2022
Wells Fargo Bank, N.a., San Francisco, CA (US);
Joel Eric Boeder, Maple Grove, MN (US);
Chris Theodore Kalaboukis, San Jose, CA (US);
Rameshchandra Bhaskar Ketharaju, Hyderabad, IN;
Joon Maeng, Newcastle, WA (US);
Ramanathan Ramanathan, Bellevue, WA (US);
Abhijit Rao, Irvine, CA (US);
Andres J. Saenz, Cape Coral, FL (US);
Makarand Shivadevuni, San Ramon, CA (US);
Wells Fargo Bank, N.A., San Francisco, CA (US);
Abstract
A distributed system includes a user device that is configured to identify a service provided by a service device; determine a specific amount of funds associated with the service; send, to a lending device, a real-time loan request associated with a loan, where the real-time loan request specifies at least an identifier of the user device and the specific amount of funds for the loan; receive, from the lending device, a digital token that specifies usage restrictions that are associated with (i) an approved amount of funds, (ii) a duration of the loan, and (iii) a payee associated with the service device; and send, to the service device, a real-time transaction request for the service provided by the service device, where the real-time transaction request includes the digital token that is redeemable by the payee associated with the service device for the approved amount of funds for the loan.