Arturo C Martinez

US Patent:

20170161734, Jun 8, 2017

Filed:

Dec 7, 2015

Appl. No.:

14/961554

Inventors:

Michael Bankston - Foster City CA, US
David White - Oakland CA, US
Ryan Hagey - Alameda CA, US
Arturo Martinez - Foster City CA, US

International Classification:

G06Q 20/38
G06Q 20/40

Abstract:

Embodiments of the present invention are directed to methods and systems for the efficient management of a digital currency system using a cryptocurrency scheme. Embodiments utilize a payment processor computer to manage entities in the digital currency system, which have the rights to generate, distribute, transact with, and redeem units of a digital currency. In some embodiments, the digital currency may represent points in a loyalty program operated by an entity or organization. Transactions performed using the digital currency and rules governing the digital currency can be tracked and maintained in a master ledger maintained by the payment processor computer, and distributed as sub-ledgers to other entities within the digital currency system.

Address:

25899 Bel Aire Dr, Hayward, CA 94542

Phone:

5105370950

VIN:

4T1BF1FK1CU156353

Make:

TOYOTA

Model:

CAMRY

Year:

2012