REAL TME VIRTUAL DRAFT SYSTEM AND METHOD
First Claim
1. An apparatus for use in a digital asset tracking system, the digital asset tracking system tracking digital assets including digital accounts having digital containers, the apparatus comprising:
- a storage device; and
a processor coupled to the storage device, the storage device storing software instructions for controlling the processor that when executed by the processor configure the processor to;
receive a signal representing a request comprising a first transfer from a first digital container associated with a first client to a second digital container associated with a second client;
compare a value of the first transfer to a total value in one or more accounts associated with the first client, wherein at least one of the one or more accounts associated with the first client has a value in a first currency; and
generate a first draft from a first account to an account associated with the second client, wherein the first draft comprises a value in a second currency equivalent to the value of the first transfer.
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Accused Products
Abstract
An apparatus for use in a digital asset tracking system includes a storage device and a processor coupled to the storage device. The storage device stores software instructions for controlling the processor that when executed by the processor configure the processor to receive a signal representing a request comprising a first transfer from a first digital container associated with a first client to a second digital container associated with a second client. A value of the first transfer is compared to a total value in one or more accounts associated with the first client. At least one of the one or more accounts associated with the first client has a value in a first currency. A first draft is generated from a first account to an account associated with the second client. The first draft comprises a value in a second currency equivalent to the value of the first transfer.
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Citations
20 Claims
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1. An apparatus for use in a digital asset tracking system, the digital asset tracking system tracking digital assets including digital accounts having digital containers, the apparatus comprising:
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a storage device; and a processor coupled to the storage device, the storage device storing software instructions for controlling the processor that when executed by the processor configure the processor to; receive a signal representing a request comprising a first transfer from a first digital container associated with a first client to a second digital container associated with a second client; compare a value of the first transfer to a total value in one or more accounts associated with the first client, wherein at least one of the one or more accounts associated with the first client has a value in a first currency; and generate a first draft from a first account to an account associated with the second client, wherein the first draft comprises a value in a second currency equivalent to the value of the first transfer. - View Dependent Claims (2, 3, 4, 5, 6, 7, 8, 9, 10, 11)
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12. A system, comprising:
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a point-of-sale terminal having a storage device and a processor, the storage device coupled to the processor and storing software instructions for controlling the processor that when executed by the processor configure the processor to; generate a signal representing a request comprising a first transfer from a first digital container associated with a first client to a second digital container associated with a second client; and receive a signal representing a transaction indication from an authorization server; and an authorization server having a server storage device and a server processor, the server storage device coupled to the server processor and storing software instructions for controlling the server processor that when executed by the server processor configure the server processor to; receive the signal representing the request comprising the first transfer; compare a value of the first transfer to a total value in one or more accounts associated with the first client, wherein at least one of the one or more accounts associated with the first client has a value in a first currency; validate the request when the total value in the one or more accounts associated with the first client is greater than or equal to the value of the first transfer; invalidate the request when the total value in the one or more accounts associated with the first client is less than the value of the first transfer; and transmit the signal representing the transaction indication to the point-of-sale terminal, wherein the transaction indication indicates that the request was validated or invalidated. - View Dependent Claims (13, 14, 15, 16, 17, 18, 19)
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20. An apparatus for use in a digital asset tracking system, the digital asset tracking system tracking digital assets including digital accounts having digital containers, the apparatus comprising:
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a storage device; and a processor coupled to the storage device, the storage device storing software instructions for controlling the processor that when executed by the processor configure the processor to; receive a signal representing a request comprising a first transfer from a first digital container associated with a first client to a second digital container associated with a second client; compare a value of the first transfer to a total value in one or more accounts associated with the first client, wherein at least one of the one or more accounts associated with the first client has a value in a first currency; and transmit to the second client a signal representing a transaction authorization when the total value in the one or more accounts associated with the first client is greater than or equal to the value of the first transfer.
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Specification