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. 12, 2025
Filed:
Jun. 30, 2022
Block, Inc., San Francisco, CA (US);
Shivaraman Ramachandran, Fremont, CA (US);
Max Guise, San Francisco, CA (US);
Justin Williams, New York, NY (US);
Jesse Posner, San Francisco, CA (US);
Alexander Schoof, Leesburg, VA (US);
Jordan Mecom, San Francisco, CA (US);
Arvin Aminpour, Redwood City, CA (US);
Allison Moyer, San Francisco, CA (US);
Kirill Zhukov, San Francisco, CA (US);
David Robinson, Brunswick, AU;
Bradley Ryan, Denver, CO (US);
Ryan Lanman, San Francisco, CA (US);
Lindsey Grossman, High Falls, NY (US);
Block, Inc., Oakland, CA (US);
Abstract
A system for locally authenticating a transaction of digital financial assets, such as cryptocurrency. A first device may locally store financial assets in non- volatile memory of the first device. The first device may use the locally-stored financial assets to conduct a local transaction with a second device. The first device may generate a transaction settlement data token and exchange the token with the second device, wherein the transaction settlement data token includes information specific to the local transaction, a value associated with the local transaction, and encrypted personal information associated with the first device. After receiving a confirmation of transmission from the second device, the value associated with the local transaction may be debited from the locally-stored financial assets.