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Systems And Methods For Use In Redemption Of Tokens

Abstract: Systems and methods are provided for use in redeeming tokens. One example computer-implemented method includes receiving, by a processing network, from a first institution, an authorization request for redemption of a token by a user and checking a data structure escrow address associated with the redemption of the token. The method also includes, in response to the data structure address being indicative of the token, authorizing the redemption, whereby the institution transfers value associated with the token to the user.

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Notices, Deadlines & Correspondence

Patent Information

Application #
Filing Date
05 February 2025
Publication Number
07/2025
Publication Type
INA
Invention Field
COMPUTER SCIENCE
Status
Email
Parent Application

Applicants

MASTERCARD INTERNATIONAL INCORPORATED
2000 Purchase Street Purchase, NY 10577

Inventors

1. ILIEV, Issidor L.
2000 Purchase Street Purchase, NY 10577
2. MITRA, Soumyajit
2000 Purchase Street Purchase, NY 10577
3. LORENTZ, Jennifer
2000 Purchase Street Purchase, NY 10577
4. DELARSO, Colin
2000 Purchase Street Purchase, NY 10577

Specification

Documents

Application Documents

# Name Date
1 202547009595-STATEMENT OF UNDERTAKING (FORM 3) [05-02-2025(online)].pdf 2025-02-05
2 202547009595-REQUEST FOR EXAMINATION (FORM-18) [05-02-2025(online)].pdf 2025-02-05
3 202547009595-PROOF OF RIGHT [05-02-2025(online)].pdf 2025-02-05
4 202547009595-POWER OF AUTHORITY [05-02-2025(online)].pdf 2025-02-05
5 202547009595-NOTIFICATION OF INT. APPLN. NO. & FILING DATE (PCT-RO-105-PCT Pamphlet) [05-02-2025(online)].pdf 2025-02-05
6 202547009595-FORM 18 [05-02-2025(online)].pdf 2025-02-05
7 202547009595-FORM 1 [05-02-2025(online)].pdf 2025-02-05
8 202547009595-FIGURE OF ABSTRACT [05-02-2025(online)].pdf 2025-02-05
9 202547009595-DRAWINGS [05-02-2025(online)].pdf 2025-02-05
10 202547009595-DECLARATION OF INVENTORSHIP (FORM 5) [05-02-2025(online)].pdf 2025-02-05
11 202547009595-COMPLETE SPECIFICATION [05-02-2025(online)].pdf 2025-02-05
12 202547009595-POA [01-04-2025(online)].pdf 2025-04-01
13 202547009595-FORM 13 [01-04-2025(online)].pdf 2025-04-01
14 202547009595-AMENDED DOCUMENTS [01-04-2025(online)].pdf 2025-04-01
15 202547009595-FORM 3 [15-07-2025(online)].pdf 2025-07-15