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:
May. 13, 2025
Filed:
May. 27, 2022
Flexa Inc., New York, NY (US);
Trevor Filter, New York, NY (US);
Zachary Kilgore, Brooklyn, NY (US);
Tyler Robert Spalding, New York, NY (US);
Flexa Inc., New York, NY (US);
Abstract
A method includes initiating, by a first computing entity, an interaction with a second computing entity. The interaction includes the first computing entity providing an amount of a digital asset and the second computing entity accepting assets in a desired asset format. When in an offline interaction mode, the method includes generating, by the first computing entity, an authorization code including a type of the digital asset and code authentication information and providing the authorization code to the second computing entity. The method further includes sending, by the second computing entity, at least a portion of the authorization code to a digital asset-based interaction computing entity. The method further includes verifying, by the digital asset-based interaction computing entity, the at least the portion of the authorization code, locking an amount of system digital asset to back the amount of the digital asset, and sending confirmation to the second computing entity.