Apparatuses, methods and systems for a trackable virtual currencies platform
First Claim
Patent Images
1. A fraud detection method implemented by a processor, the method comprising:
- receiving a request to process a virtual currency transaction, the request including information related to transaction details regarding the virtual currency transaction;
analyzing the information associated with the virtual currency transaction, via the processor, to determine whether the virtual currency transaction involves a user that is being tracked, wherein the information includes one or more characteristics of the virtual currency transaction, the user being tracked is associated with an elevated level of risk of fraud;
when the virtual currency transaction involves the user that is being tracked, monitoring, via the processor, progress of the virtual currency transaction using tracked virtual currency to determine if the virtual currency of the virtual currency transaction is involved in a fraud event, the tracked virtual currency being tagged with unique identifiers to facilitate tracking of the virtual currency;
when the virtual currency transaction includes virtual currency that is not tagged,(a) identifying at least a subset of the virtual currency from the virtual currency transaction;
(b) associating unique identifiers to the virtual currency within the subset to facilitate tracking of the virtual currency; and
identifying the virtual currency transaction as potentially fraudulent or not potentially fraudulent as a result of the monitoring based on predetermined transaction rules.
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Accused Products
Abstract
Methods for detecting fraud using virtual currency transaction include receiving information regarding a virtual currency transaction from a user. The information is analyzed to determine whether the transaction involves a user that is being tracked, wherein the user being tracked is associated with an elevated level of risk of fraud. When a user associated with the transaction is being tracked, the virtual currency transaction is monitored using tracked virtual currency. The virtual currency transaction is identified as potentially fraudulent based on the monitoring.
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Citations
16 Claims
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1. A fraud detection method implemented by a processor, the method comprising:
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receiving a request to process a virtual currency transaction, the request including information related to transaction details regarding the virtual currency transaction; analyzing the information associated with the virtual currency transaction, via the processor, to determine whether the virtual currency transaction involves a user that is being tracked, wherein the information includes one or more characteristics of the virtual currency transaction, the user being tracked is associated with an elevated level of risk of fraud; when the virtual currency transaction involves the user that is being tracked, monitoring, via the processor, progress of the virtual currency transaction using tracked virtual currency to determine if the virtual currency of the virtual currency transaction is involved in a fraud event, the tracked virtual currency being tagged with unique identifiers to facilitate tracking of the virtual currency; when the virtual currency transaction includes virtual currency that is not tagged, (a) identifying at least a subset of the virtual currency from the virtual currency transaction; (b) associating unique identifiers to the virtual currency within the subset to facilitate tracking of the virtual currency; and identifying the virtual currency transaction as potentially fraudulent or not potentially fraudulent as a result of the monitoring based on predetermined transaction rules. - View Dependent Claims (2, 3, 4, 5, 6, 7)
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8. A system for detecting fraud in an online gaming application, comprising:
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a memory; and a processor disposed in communication with the memory and configured to issue processing instructions stored in the memory, wherein the processor issues instructions to; receive a request to process a virtual currency transaction, the request including information related to transaction details regarding the virtual currency transaction; analyze the information associated with the virtual currency transaction to determine whether the virtual currency transaction involves a user that is being tracked, wherein the information includes one or more characteristics of the virtual currency transaction, the user being tracked is associated with an elevated level of risk of fraud; when the virtual currency transaction involves the user that is being tracked, monitor progress of the virtual currency transaction using tracked virtual currency to determine if the virtual currency of the virtual currency transaction is involved in a fraud event, the tracked virtual currency being tagged with unique identifiers to facilitate tracking of the virtual currency; when the virtual currency transaction includes virtual currency that is not tagged, the processor issues instructions to, associate unique identifiers to at least a subset of the virtual currency within the virtual currency transaction to facilitate tracking of the virtual currency; and identify the virtual currency transaction as potentially fraudulent or not potentially fraudulent as a result of the monitoring based on predetermined transaction rules. - View Dependent Claims (9, 10, 11, 12)
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13. A processor-readable tangible medium storing processor-issuable instructions for online gaming fraud detection, the instructions are configured to:
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receive a request to process a virtual currency transaction, the request including information related to transaction details regarding the virtual currency transaction; analyze the information associated with the virtual currency transaction to determine whether the virtual currency transaction involves a user that is being tracked, wherein the information includes one or more characteristics of the virtual currency transaction, the user being tracked is associated with an elevated level of risk of fraud; when the virtual currency transaction involves the user that is being tracked, monitor progress of the virtual currency transaction using tracked virtual currency to determine if the virtual currency of the virtual currency transaction is involved in a fraud event, the tracked virtual currency being tagged with unique identifiers so as to facilitate tracking of the virtual currency; when the virtual currency transaction includes virtual currency that is not tagged, the instructions are configured to, associate unique identifiers to at least a subset of the virtual currency within the virtual currency transaction to facilitate tracking of the virtual currency; and identify the virtual currency transaction as potentially fraudulent or not potentially fraudulent as a result of the monitoring based on predetermined transaction rules. - View Dependent Claims (14, 15, 16)
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Specification