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Software, systems, and methods for processing digital bearer instruments

  • US 10,198,719 B2
  • Filed: 08/20/2015
  • Issued: 02/05/2019
  • Est. Priority Date: 12/29/2005
  • Status: Active Grant
First Claim
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1. A computer-implemented method, comprising:

  • receiving a digital bearer instrument, the digital bearer instrument being a digital object expressing a right that is redeemable by presentation of the digital bearer instrument to a process operating in an operating environment configured to redeem digital bearer instruments, the digital bearer instrument identifying the operating environment;

    responsive to identification of the operating environment by the digital bearer instrument, obtaining an operating context, the operating context being a data structure that specifies a plurality of operating components associated with the operating environment;

    instantiating at least some of the operating environment components using the operating context, thereby generating an instance of the operating environment;

    validating each of the instantiated operating environment components; and

    processing the digital bearer instrument using the instantiated operating environment components, including;

    validating the digital bearer instrument; and

    responsive to validation of the digital bearer instrument, redeeming the right expressed by the digital bearer instrument.

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