LEDGER UPDATE NETWORK AND METHOD OF UPDATING A LEDGER

• US 20190311363A1
• Filed: 04/06/2018
• Published: 10/10/2019
• Est. Priority Date: 04/06/2018
• Status: Active Application

• Current Assignee: Toronto-Dominion Bank
• Original Assignee: Toronto-Dominion Bank
• Inventors: Gleeson, Bryan Michael, Elkhinovich, Igor, Ecker, Jeffrey Aaron, McPhee, Adam Douglas, Wakim, Matta, Odobetskiy, Kyryll, Rabinovich, Dmitri, Lee, John Jong-Suk, Jagga, Arun Victor
• Application Number:
  US15/947,736
• Publication Number:
  US 20190311363A1
• Time in Patent Office: Days
• CPC Class Codes: G06Q 20/02 involving a neutral party, e.g. certification authority, notary or trusted third party [TTP]
• CPC Class Codes: G06Q 20/204 comprising interface for record bearing medium or carrier for electronic funds transfer or payment credit
• CPC Class Codes: G06Q 20/4012 Verifying personal identification numbers [PIN]
• CPC Class Codes: G06Q 30/0233 Method of redeeming a frequent usage reward

Abstract

A ledger update network includes a terminal and a server. The server includes or in communication with a database of ledgers each uniquely associated with an identifier. The terminal receives a primary value and one of the identifiers; generates a request message that includes the identifier and the primary value; and generates an update command by (i) selecting a rule from a database, and (ii) generating a secondary value from the selected rule. The update command includes the identifier and the secondary value. The terminal transmits the request message and the update command to the server. The server transmits to the terminal an authorization response that confirms authorization of a transaction characterized by the identifier and the primary value. Without referencing the database and without first responding to the update command, the server posts the secondary value to the ledger that is associated with the identifier.

Claims

1. A ledger update network comprising:

a point-of-sale terminal; and

a computer server including a database of ledgers each uniquely associated with a respective token identifier,

wherein the point-of-sale terminal is configured to;

(a) receive a primary authorization value and one of the token identifiers;

(b) generate an authorization request message, the authorization request message including the received token identifier and the primary authorization value;

(c) generate an update command by (i) selecting a rule from a rules database, and (ii) generating a secondary authorization value from at least the selected rule, the update command including the received token identifier and the secondary authorization value, the rules database comprising at least one of the rules; and

(d) transmit the authorization request message and the update command to the computer server; and

wherein the computer server is configured to;

(a) receive the authorization request message and the update command from the point-of-sale terminal;

(b) transmit an authorization response message to the point-of-sale terminal, the authorization response message confirming authorization of a transaction characterized by the received token identifier and the primary authorization value; and

(c) without referencing the rules database and without first responding to the update command, post the secondary authorization value to the ledger associated with the received token identifier.

2. The ledger update network according to claim 1, wherein the point-of-sale terminal is configured to receive from the computer server a range qualifier identifying a range of token identifiers, and to transmit the update command after confirming that the received token identifier correlates with the range.

3. The ledger update network according to claim 2, wherein the point-of-sale terminal includes a memory, and the point-of-sale terminal is configured to receive the at least one rule from the computer server, and to save the received at least one rule in the memory in the rules database.

4. The ledger update network according to claim 2, wherein the rules are each associated with a respective authorization value range, and the point-of-sale terminal is configured to select a rule by correlating the received primary authorization value with one of the authorization value ranges.

5. The ledger update network according to claim 1, wherein the point-of-sale terminal is configured to compute the secondary authorization value from the primary authorization value and the selected rule.

6. The ledger update network according to claim 1, wherein the computer server is configured to post the secondary authorization value by updating the associated ledger with the secondary authorization value after authorizing completion of the transaction.

7. The ledger update network according to claim 1, wherein the point-of-sale terminal is configured to transmit the authorization request message to the computer server via a primary communications network, and to transmit the update command to the computer server via a secondary network different from the primary communications network.

8. A method of updating ledgers each uniquely associated with a respective token identifier, the method comprising:

a point-of-sale terminal receiving a primary authorization value and one of the token identifiers;

the point-of-sale terminal generating an authorization request message, the authorization request message including the received token identifier and the primary authorization value;

the point-of-sale terminal generating an update command by (i) selecting a rule from a rules database, and (ii) generating a secondary authorization value from at least the selected rule, the update command including the received token identifier and the secondary authorization value, the rules database comprising at least one of the rules;

the point-of-sale terminal transmitting the authorization request message and the update command to a computer server;

the computer server receiving the authorization request message and the update command from the point-of-sale terminal;

the computer server transmitting an authorization response message to the point-of-sale terminal, the authorization response message confirming authorization of a transaction characterized by the received token identifier and the primary authorization value; and

without referencing the rules database and without first responding to the update command, the computer server posting the secondary authorization value to the ledger associated with the received token identifier.

9. The method according to claim 8, wherein the transmitting the update command comprises the point-of-sale terminal receiving from the computer server a range qualifier identifying a range of token identifiers, and confirming that the received token identifier correlates with the range.

10. The method according to claim 9, wherein the point-of-sale terminal includes a memory, and the generating an update command further comprises the point-of-sale terminal receiving the at least one rule from the computer server, and saving the received at least one rule in the memory in the rules database.

11. The method according to claim 9, wherein the rules are each associated with a respective authorization value range, and the selecting a rule further comprises the point-of-sale terminal correlating the received primary authorization value with one of the authorization value ranges.

12. The method according to claim 8, wherein the generating a secondary authorization value comprises the point-of-sale terminal computing the secondary authorization value from the primary authorization value and the selected rule.

13. The method according to claim 8, wherein the providing an authorization response message comprises the computer server authorizing completion of the transaction, and wherein the posting the secondary authorization value comprises the computer server updating the associated ledger with the secondary authorization value after the authorizing completion of the transaction.

14. The method according to claim 8, wherein the transmitting the authorization request message and the update command comprises the point-of-sale terminal transmitting the authorization request message to the computer server via a primary communications network, and transmitting the update command to the computer server via a secondary network different from the primary communications network.

15. A point-of-sale terminal comprising:

a data input device;

a display device;

a token interface;

a memory storing a rules database comprising at least one rule; and

a data processor in communication with the data input device, the display device, the token interface and the memory, wherein the data processor is configured to;

receive a primary authorization value from the data input device, and receive a token identifier from an identity token interfaced with the token interface;

generate an authorization request message, the authorization request message including the token identifier and the primary authorization value;

generate an update command by (i) selecting a rule from the rules database, and (ii) generate a secondary authorization value from at least the selected rule, the update command including the token identifier and the secondary authorization value;

transmit the authorization request message to a computer server;

receive an authorization response message from the computer server, the authorization response message confirming authorization of a transaction characterized by the token identifier and the primary authorization value;

display the secondary authorization value on the display device; and

transmit the update command to the computer server after displaying the secondary authorization value.

16. The point-of-sale terminal according to claim 15, wherein the data processor is configured to receive from the computer server a range qualifier identifying a range of token identifiers, and to transmit the update command after confirming that the received token identifier correlates with the range.

17. The point-of-sale terminal according to claim 16, wherein the data processor is configured to receive the at least one rule from the computer server, and to save the received at least one rule in the rules database.

18. The point-of-sale terminal according to claim 16, wherein the rules are each associated with a respective authorization value range, and the data processor is configured to select a rule by correlating the received primary authorization value with one of the authorization value ranges.

19. The point-of-sale terminal according to claim 15, wherein the data processor is configured to compute the secondary authorization value from the primary authorization value and the selected rule.

20. The point-of-sale terminal according to claim 15, wherein the data processor is configured to transmit the authorization request message to the computer server via a primary communications network, and to transmit the update command to the computer server via a secondary network different from the primary communications network.