Method and system for identity and credential protection and verification via blockchain — USPTO — “The present disclosure relates to the storage and verification and identity and credential data, specifically the use of distributed storage and storage via blockchain for protection of identity and credential data and the verification thereof.”
US Patent & Trademark Office (USPTO)
American Express files faster blockchain payments patent
Systems and methods for blockchain based payment networks — USPTO — “A system, method, and computer readable medium (collectively, the ‘system’) is disclosed for a payment network using a blockchain-based ledger that is configured to execute payment transactions in response to blockchain requests… In various embodiments, the system may assess a risk associated with the transaction. The system may also approve the transaction in response to the risk associated with the transaction being acceptable. The system may also transmit a notification (eg a push notification) to the payee digital wallet that the transaction was successful.”
PayPal patents faster cryptocurrency payments system
Expedited virtual currency transaction system — USPTO — “The systems and methods of the present disclosure practically eliminate the amount of time the payee must wait to be sure they will receive a virtual currency payment in a virtual currency transaction by transferring to the payee private keys that are included in virtual currency wallets that are associated with predefined amounts of virtual currency that equal a payment amount identified in the virtual currency transaction.”
Mastercard applies for blockchain ‘instantaneous payment’ patent
Method and system for instantaneous payment using recorded guarantees — USPTO — “The present disclosure relates to the use of recorded guarantees for payment transactions for verification by acquiring institutions to facilitate instantaneous payment to a merchant involved in the payment transaction, specifically the use of a blockchain or other third party network for verification of a guarantee associated with the payment transaction.”
Facebook applies for patent for face recognition payments in stores
Facial recognition identification for in-store payment transactions — USPTO — “One or more implementations involve receiving a payment request to initiate an in-store payment transaction between a user and a merchant, the payment request including an image of the user. One or more embodiments identify a payment account for the user based on the image and send a payment confirmation request to a client device of the user. Additionally, one or more embodiments process the in-store payment transaction based on a confirmation response received from the client device.”
Sony applies for blockchain user authentication patent
Sony seeks blockchain patent for user authentication system — Coindesk — “The document outlines how the electronics maker might use two different blockchain platforms in conjunction with each other as part of a multi-factor authentication system (MFA).”
Amex applies for personalized blockchain rewards patent
American Express eyes blockchain for customer rewards systems — CoinDesk — “A new patent application published last week by the US Patent and Trademark Office details a concept for offering customer-specific types of rewards (including points, a virtual currency or specific items tied to a product). The filing indicates the financial giant would make these offers by compiling personalized data about the customer, such as their historic spending patterns.”
Mastercard applies for blockchain B2B payments patent
Method and system for recording point to point transaction processing — USPTO — “The present disclosure relates to the recording, processing, and displaying of point to point transactions, specifically providing a trade directory of parties in a secure environment, a ledger of transactions, and the settlement of aggregated person-to-person (P2P) and business-to-business (B2B) electronic payment transactions between bank accounts and third parties using a single transaction processing system.”
Huawei Pay to launch in the US?
Huawei Pay to launch on Android in the US, trademark suggests — Android Headlines — “The Huawei Pay Android service may be coming to the United States, as suggested by a new trademark application which the Chinese original equipment manufacturer submitted to the US Patent and Trademark office on Saturday… News of Huawei’s latest move comes less than a month after the Shenzhen, China-based tech giant filed for an identical trademark in Europe where the European Union Intellectual Property Office is also still examining its request.”
You’ll get a kick out of this: Qualcomm patents the ‘Internet of Shoes’
You’ll get a kick out of this: Qualcomm patents the ‘Internet of Shoes’ — The Register — “Qualcomm sees the shoes not only logging steps and helping navigation, but also monitoring the user’s gait, using the vibration motors to tell users when they should speed up their pace, and tracking both blood pressure and heart rate.”
Mastercard blockchain patent applications
Mastercard has filed patent applications describing systems and methods for authorising and securing blockchain transactions using existing payment networks... More
Jaguar files face and gait recognition system patent for vehicle entry
Luxury car manufacturer Jaguar is working on a facial and gait recognition system for vehicle owners to unlock their cars, enhancing the development of “vehicle personalisation”, according to a patent filed with the US Patent and Trademark Office last month... More
Apple patent reveals plans to add Siri to iMessage for P2P payments
Apple is investigating the possibility of adding the functionality of its Siri virtual assistant to its iMessage service that would enable iPhone users to perform P2P payment transactions, a recent patent published by the US Patent and Trademark Office reveals... More
Apple blood vessel biometric patent
Apple is developing a biometric sensor that determines the wearer’s identity by the arrangement of blood vessels in their body... More
Apple granted patent for device-based car keys
Apple has been granted a patent from the US Patent and Trademark Office for a service that would store vehicle keys on an iPhone... More
RBC gets Secure Cloud payments patent
Royal Bank of Canada (RBC) has been awarded a patent for its Secure Cloud mobile payments platform by the United States Patent and Trademark Office, covering the use of secure tokens by the bank’s clients to facilitate payments from mobile devices... More
Apple gets face verification patent
Apple has been granted a patent from the United States Patent and Trademark Office for an authentication system to allow owners to unlock content on their devices by taking a picture of their face... More
Apple files P2P via NFC patent
Apple has filed a US patent application for a payments service that would enable peer-to-peer money transfers via NFC and Bluetooth... More
Amazon gets ear authentication patent
Amazon has been granted a US patent that describes how a person’s ear could be used to authenticate them when answering a phone call or to unlock an audio file... More
Google files contact lens authentication patent
Google has filed a patent with the US Patent and Trademark Office that describes a contact lens which collects reflected light through sensors to assemble an image of the iris that is then matched against a stored image to authenticate the wearer... More