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:
Feb. 18, 2025
Filed:
Sep. 10, 2021
American Express Travel Related Services Company, Inc., New York, NY (US);
Andras L. Ferenczi, Phoenix, AZ (US);
American Express Travel Related Services Company, Inc., New York, NY (US);
Abstract
Disclosed are various embodiments for providing non-fungible tokens (NFT) as a mechanism for verifying ownership of payment instruments such as stored value payment instruments. First, a computing device can receive a purchase notification, the purchase notification indicating that a first user has purchased a stored value payment instrument. Then, the computing device can create a non-fungible token (NFT) on a distributed data store in response to receipt of the purchase notification. Next, the computing device can associate a unique identifier of the NFT with the stored value payment instrument. Subsequently, the computing device can receive a first public key associated with the first user. Then, the computing device can update an owner identifier of the NFT with the first public key associated with the first user.