FIELD
The present disclosure relates to methods and systems for transferring
digital tokens to and from a physical payment card, and more particularly method and
10 systems of transferring digital tokens from a central bank to one or more insurers of
physical payment cards.
BACKGROUND
Payment instrument includes, for instance, a credit card, virtual
payment card, check, etc. The payment instrument may be encoded with, include, or
15 be otherwise associated with payment credentials corresponding to a transaction
account. The payment credentials may include any data that must be communicate as
part of a transaction process for the transaction to be funded via the related transaction
account, such as a primary account number, expiration date, and security code.
It would be desirable to have a technical system that enables a payment
20 network to provide for physical payment cards that include digital tokens that can be
used with a point of sale (POS).
SUMMARY
The present disclosure provides a description of systems and methods
for transferring digital tokens to and from a physical payment card.
25 A method is disclosed for transferring digital tokens to and from a
physical payment card, the method comprising: receiving, on a processing server, a
plurality of digital tokens issued from a central bank; and transferring, from the
processing server, the plurality of digital tokens to the physical payment card, the
physical payment card configured to be used with a POS.
30 A system is disclosed for transferring digital tokens to and from a
physical payment card, the system comprising: a processing server configured to:
3
receive a plurality of digital tokens issued from a central bank; and transfer the
plurality of digital tokens to the physical payment card, the physical payment card
configured to be used with a POS.
BRIEF DESCRIPTION OF THE DRAWING FIGURES
5 Exemplary embodiments are best understood from the following
detailed description when read in conjunction with the accompanying drawings. It is
emphasized that, these are exemplary embodiments, to which the claimed invention is
not limited. Included in the drawings are the following figures:
FIG. 1 is a block diagram illustrating a high level system architecture
10 for transferring digital tokens to and from a physical payment card in accordance with
exemplary embodiments.
FIG. 2 is a block diagram illustrating the processing server of FIG. 1
for transferring digital tokens to and from a physical payment card.
FIG. 3 is a flowchart illustrating an exemplary method in accordance
15 with exemplary embodiments.
FIG. 4 is a block diagram illustrating a computer system architecture in
accordance with exemplary embodiments.
Further areas of applicability of the present disclosure will become
apparent from the detailed description provided hereinafter. It should be understood
20 that the detailed description of exemplary embodiments is intended for illustration
purposes only and is, therefore, not intended to necessarily limit the scope of the
disclosure.
DETAILED DESCRIPTION
Glossary of Terms
25 Blockchain – A public ledger of all transactions of a blockchain-based
currency or network. One or more computing devices may comprise a blockchain
network, which may be configured to process and record transactions as part of a
block in the blockchain. Once a block is completed, the block is added to the
blockchain and the transaction record thereby updated. In many instances, the
30 blockchain may be a ledger of transactions in chronological order or may be presented
in any other order that may be suitable for use by the blockchain network. In some
configurations, transactions recorded in the blockchain may include a destination
4
address and a currency amount, such that the blockchain records how much currency
is attributable to a specific address. In some instances, the transactions are financial
and others not financial, or might include additional or different information, such as
a source address, timestamp, etc. In some embodiments, a blockchain may also or
alternatively include n 5 early any type of data as a form of transaction that is or needs to
be placed in a distributed database that maintains a continuously growing list of data
records hardened against tampering and revision, even by its operators, and may be
confirmed and validated by the blockchain network through proof of work and/or any
other suitable verification techniques associated therewith. In some cases, data
10 regarding a given transaction may further include additional data that is not directly
part of the transaction appended to transaction data. In some instances, the inclusion
of such data in a blockchain may constitute a transaction. In such instances, a
blockchain may not be directly associated with a specific digital, virtual, fiat, or other
type of currency.
15 Payment Network – A system or network used for the transfer of
money via the use of cash-substitutes for thousands, millions, and even billions of
transactions during a given period. Payment networks may use a variety of different
protocols and procedures in order to process the transfer of money for various types of
transactions. Transactions that may be performed via a payment network may include
20 product or service purchases, credit purchases, debit transactions, fund transfers,
account withdrawals, etc. Payment networks may be configured to perform
transactions via cash-substitutes, which may include payment cards, letters of credit,
checks, transaction accounts, etc. Examples of networks or systems configured to
perform as payment networks include those operated by Mastercard®, VISA®,
25 Discover®, American Express®, PayPal®, etc. Use of the term “payment network”
herein may refer to both the payment network as an entity, and the physical payment
network, such as the equipment, hardware, and software comprising the payment
network.
Payment Rails – Infrastructure associated with a payment network
30 used in the processing of payment transactions and the communication of transaction
messages and other similar data between the payment network and other entities
interconnected with the payment network that handles thousands, millions, and even
billions of transactions during a given period. The payment rails may be comprised of
the hardware used to establish the payment network and the interconnections between
5
the payment network and other associated entities, such as financial institutions,
gateway processors, etc. In some instances, payment rails may also be affected by
software, such as via special programming of the communication hardware and
devices that comprise the payment rails. For example, the payment rails may include
specifically c 5 onfigured computing devices that are specially configured for the routing
of transaction messages, which may be specially formatted data messages that are
electronically transmitted via the payment rails, as discussed in more detail below.
Third Party Provider or Merchant – An entity that provides products
(e.g., goods and/or services) for purchase by another entity, such as a consumer or
10 another merchant. A merchant may be a consumer, a retailer, a wholesaler, a
manufacturer, or any other type of entity that may provide products for purchase as
will be apparent to persons having skill in the relevant art. In some instances, a
merchant may have special knowledge in the goods and/or services provided for
purchase. In other instances, a merchant may not have or require any special
15 knowledge in offered products. In some embodiments, an entity involved in a single
transaction may be considered a merchant. In some instances, as used herein, the
term “merchant” may refer to an apparatus or device of a merchant entity.
Issuer - An entity that establishes (e.g., opens) a letter or line of credit
in favor of a beneficiary, and honors drafts drawn by the beneficiary against the
20 amount specified in the letter or line of credit. In many instances, the issuer may be a
bank or other financial institution authorized to open lines of credit. In some
instances, any entity that may extend a line of credit to a beneficiary may be
considered an issuer. The line of credit opened by the issuer may be represented in
the form of a payment account and may be drawn on by the beneficiary via the use of
25 a payment card. An issuer may also offer additional types of payment accounts to
consumers as will be apparent to persons having skill in the relevant art, such as debit
accounts, prepaid accounts, electronic wallet accounts, savings accounts, checking
accounts, etc., and may provide consumers with physical or non-physical means for
accessing and/or utilizing such an account, such as debit cards, prepaid cards,
30 automated teller machine cards, electronic wallets, checks, etc.
Acquirer - An entity that may process payment card transactions on
behalf of a merchant. The acquirer may be a bank or other financial institution
authorized to process payment card transactions on a merchant's behalf. In many
instances, the acquirer may open a line of credit with the merchant acting as a
6
beneficiary. The acquirer may exchange funds with an issuer in instances where a
consumer, which may be a beneficiary to a line of credit offered by the issuer,
transacts via a payment card with a merchant that is represented by the acquirer.
Central Bank – Generally a financial institution given privileged
control over the production a 5 nd distribution of money and credit for a nation or a
group of nations, or other assets and other groups (e.g., fiat currency, cryptocurrency,
other physical and digital assets used by groups of people). In the context of this
document, this term refers to the computer systems and infrastructure of a central
bank, except when taken in context it means a legal entity.
10 Payment Transaction – A transaction between two entities in which
money or other financial benefit is exchanged from one entity to the other. The
payment transaction may be a transfer of funds, for the purchase of goods or services,
for the repayment of debt, or for any other exchange of financial benefit as will be
apparent to persons having skill in the relevant art. In some instances, payment
15 transaction may refer to transactions funded via a payment card and/or payment
account, such as credit card transactions. Such payment transactions may be
processed via an issuer, payment network, and acquirer. The process for processing
such a payment transaction may include at least one of authorization, batching,
clearing, settlement, and funding. Authorization may include the furnishing of
20 payment details by the consumer to a merchant, the submitting of transaction details
(e.g., including the payment details) from the merchant to their acquirer, and the
verification of payment details with the issuer of the consumer’s payment account
used to fund the transaction. Batching may refer to the storing of an authorized
transaction in a batch with other authorized transactions for distribution to an
25 acquirer. Clearing may include the sending of batched transactions from the acquirer
to a payment network for processing. Settlement may include the debiting of the
issuer by the payment network for transactions involving beneficiaries of the issuer.
In some instances, the issuer may pay the acquirer via the payment network. In other
instances, the issuer may pay the acquirer directly. Funding may include payment to
30 the merchant from the acquirer for the payment transactions that have been cleared
and settled. It will be apparent to persons having skill in the relevant art that the order
and/or categorization of the steps discussed above performed as part of payment
transaction processing.
7
Point of Sale - A computing device or computing system configured to
receive interaction with a user (e.g., a consumer, employee, etc.) for entering in
transaction data, payment data, and/or other suitable types of data for the purchase of
and/or payment for goods and/or services. The point of sale may be a physical device
5 (e.g., a cash register, kiosk, desktop computer, smart phone, tablet computer, etc.) in a
physical location that a customer visits as part of the transaction, such as in a “brick
and mortar” store, or may be virtual in e-commerce environments, such as online
retailers receiving communications from customers over a network such as the
Internet. In instances where the point of sale may be virtual, the computing device
10 operated by the user to initiate the transaction or the computing system that receives
data as a result of the transaction may be considered the point of sale, as applicable.
Transaction Account – A financial account that may be used to fund a
transaction, such as a checking account, savings account, credit account, virtual
payment account, etc. A transaction account may be associated with a consumer,
15 which may be any suitable type of entity associated with a payment account, which
may include a person, family, company, corporation, governmental entity, etc. In
some instances, a transaction account may be virtual, such as those accounts operated
by PayPal®, etc.
Payment Card – A card or data associated with a transaction account
20 that may be provided to a merchant in order to fund a financial transaction via the
associated transaction account. Payment cards may include credit cards, debit cards,
charge cards, stored-value cards, prepaid cards, fleet cards, virtual payment numbers,
virtual card numbers, controlled payment numbers, etc. A payment card may be a
physical card that may be provided to a merchant, or may be data representing the
25 associated transaction account (e.g., as stored in a communication device, such as a
smart phone or computer). For example, in some instances, data including a payment
account number may be considered a payment card for the processing of a transaction
funded by the associated transaction account. In some instances, a check may be
considered a payment card where applicable.
30 System for Transferring Digital Tokens
FIG. 1 illustrates a system 100 for transferring digital tokens to and
from a physical payment card.
8
In an embodiment, the system 100 may include one or more issuers
108, which may be a financial institution, such as an issuing bank, or other suitable
entity that is configured to issue a transaction account to the user 106 for use in
funding payment transactions with the payment instrument (i.e., a physical payment
5 instrument or physical payment card) 110. The issuer or issuing institution 108 may
issue as part of the issuing of the transaction account, the payment instrument 110
with digital tokens, for example, a bank issued EMV® card with individual digital
tokens. Each of the digital tokens can be, for example, fiat money, that can be
converted into a currency. The payment instrument 110 may be encoded with,
10 include, or be otherwise associated with payment credentials corresponding to a
transaction account. The payment credentials may include any data that must be
communicate as part of a transaction process for the transaction to be funded via the
related transaction account, such as a primary account number, expiration date, and
security code. In accordance with an embodiment, each of digital tokens can have a
15 value, which is associated with a micro-transaction in which the value of the digital
token is relatively small and less than the costs of processing a transaction.
The system 100 may also include a processing server 102 associated
with each of the one or more issuers 108 and/or the central bank 109. The processing
server 102 may be one of a plurality of nodes or processors comprising a blockchain
20 network 104. The blockchain network 104 may be associated with one or more
blockchains, which may be used to store data associated with the issuer 108 (e.g.,
bank), the central bank 109, and/or the third-party providers (or merchants) 112 to
record transactions involving the transfer of the digital tokens from the central bank
109 to each of the one or more issuers 108, and to the physical payment instrument
25 110 of each consumer or user 106. The processing server 102 may be configured to
generate and validate new blocks that are added to the blockchain, where the
validation process for a new block may involve mathematical verification of data
stored therein across a plurality of the nodes comprising the blockchain network 104.
In accordance with an embodiment, a central bank 109 can issue a
30 digital currency, for example, in the form of digital tokens to a plurality of issuers
108. Each of the plurality of issuers 108 in turn can issue payment instruments 110,
in the form of an EMV card with individual digital tokens that can be used with a
point of sale (POS) 114 at a third-party provider or merchant 112. In accordance with
an embodiment, the digital tokens on the physical payment instrument 110 can
9
include, for example, a digital signature and a cryptographic key (i.e., a token profile)
for security purposes.
In accordance with an embodiment, the digital tokens issued to a
physical payment instrument 110 can be associated with a prepaid card in which the
consumer or use 5 r 106 has previously settled with the issuer 108 or paid for the digital
tokens with the issuer 108. For example, the digital tokens (e.g., 1000 digital tokens)
can be loaded onto the physical payment instrument 110 via an automated teller
machine (ATM) 116. Alternatively, the digital tokens can be placed on the payment
instrument 110, and upon the exchange of a group of digital tokens or aggregate of
10 digital tokens over the payments rails between the third-party provider 112 and the
issuer 108 for currency (e.g., U.S. dollars or other system of money for use in a
particular country), the user 106 can settle with the issuer in accordance with terms
and conditions as set forth in the payment instrument 110.
In accordance with an exemplary embodiment, the blockchain network
15 104 associated with the processing server 102 may be configured to store token
profiles associated with digitized payment tokens issued by the central bank 109 to an
issuer 108 and/or on a physical payment instrument 110. Each token profile may
include a digitized payment token or information in identification thereof (e.g., a
digital token number), the associated payment instrument in the form of a physical
20 payment card with the respective digitized payment tokens. In some instances, the
processing server 102 may be a token distribution platform or may be part of a
computing system configured to operate as a token distribution platform, and may
identify the data for token profiles as a result of functions performed in connection
therewith.
25 In the system 100, for example, a user 106 may engage in a financial
transaction or purchase of a service or product from a third-party provider or
merchants 112 or other entities with, for example, a payment instrument (i.e., physical
payment card) 110. In the system 100, the user (or consumer) 106 presents the
payment card or payment instrument 110 having a plurality of digital tokens (e.g.,
30 1000 digital tokens) to a point of sale (POS) 114. The POS 114 can be configured to
verify the digital signature of the plurality of digital tokens on the payment instrument
110, for example, via the processing server 102 and the blockchain network 104 of the
issuer 108.
10
Upon verification that the digital tokens are valid, the POS 114 can
deduct a number of tokens (e.g., 50 digital tokens) from the plurality of digital tokens
(e.g., 1000 digital tokens) on the physical payment instrument 110 for the service or
product purchased by the user or consumer 106 at the third-party provider. The
deducted 5 tokens (e.g., 50 digital tokens) can then be stored by the third-party provider
112 until exchanged either individually or with a group or aggregate of digital tokens
over the payment rails, for example, as non-financial communications.
Processing Server
FIG. 2 illustrates an embodiment of a processing server 102 in the
10 system 100. It will be apparent to persons having skill in the relevant art that the
embodiment of the processing server 102 illustrated in FIG. 2 is provided as
illustration only and may not be exhaustive to all possible configurations of the
processing server 102 suitable for performing the functions as discussed herein. For
example, the computer system 400 illustrated in FIG. 4 and discussed in more detail
15 below may be a suitable configuration of the processing server 102.
The processing server 102 may include a receiving device 202. The
receiving device 202 may be configured to receive data over one or more networks
via one or more network protocols. In some instances, the receiving device 202 may
be configured to receive data from issuer 108 and third-party providers or merchant
20 systems 112, and other systems and entities via one or more communication methods,
such as radio frequency, local area networks, wireless area networks, cellular
communication networks, Bluetooth, the Internet, etc. In some embodiments, the
receiving device 202 may be comprised of multiple devices, such as different
receiving devices for receiving data over different networks, such as a first receiving
25 device for receiving data over a local area network and a second receiving device for
receiving data via the Internet. The receiving device 202 may receive electronically
transmitted data signals, where data may be superimposed or otherwise encoded on
the data signal and decoded, parsed, read, or otherwise obtained via receipt of the data
signal by the receiving device 202. In some instances, the receiving device 202 may
30 include a parsing module for parsing the received data signal to obtain the data
superimposed thereon. For example, the receiving device 202 may include a parser
program configured to receive and transform the received data signal into usable input
11
for the functions performed by the processing device to carry out the methods and
systems described herein.
The receiving device 202 may be configured to receive data signals
electronically transmitted by issuer 108, which may be accompanied by authentication
information t 5 o authenticate the issuer 108 (i.e., issuing institution) as the source of the
data, which may, in some instances, include a digital signature generated via a private
key associated with the issuer 108 (or issuing institution). The receiving device 202
may also be configured to receive data signals electronically transmitted by thirdparty
providers or merchant systems 112, as applicable.
10 The processing server 102 may also include a communication module
204. The communication module 204 may be configured to transmit data between
modules, engines, databases, memories, and other components of the processing
server 102 for use in performing the functions discussed herein. The communication
module 204 may be comprised of one or more communication types and utilize
15 various communication methods for communications within a computing device. For
example, the communication module 204 may be comprised of a bus, contact pin
connectors, wires, etc. In some embodiments, the communication module 204 may
also be configured to communicate between internal components of the processing
server 102 and external components of the processing server 102, such as externally
20 connected databases, display devices, input devices, etc. The processing server 102
may also include a processing device. The processing device may be configured to
perform the functions of the processing server 102 discussed herein. In some
embodiments, the processing device may include and/or be comprised of a plurality of
engines and/or modules specially configured to perform one or more functions of the
25 processing device, such as a querying module 214, generation module 216, validation
module 218, etc. As used herein, the term “module” may be software executed on
hardware or hardware otherwise configured to receive an input, perform one or more
processes using the input, and provides an output. The input, output, and processes
performed by various modules will be apparent to one skilled in the art based upon
30 the present disclosure.
The processing server 102 may include a memory 206. The memory
206 may be configured to store data for use by the processing server 102 in
performing the functions discussed herein, such as public and private keys, symmetric
keys, etc. The memory 206 may be configured to store data using suitable data
12
formatting methods and schema and may be any suitable type of memory, such as
read-only memory, random access memory, etc. The memory 206 may include, for
example, encryption keys and algorithms, communication protocols and standards,
data formatting standards and protocols, program code for modules and application
programs of the p 5 rocessing device, and other data that may be suitable for use by the
processing server 102 in the performance of the functions disclosed herein as will be
apparent to persons having skill in the relevant art. In some embodiments, the
memory 206 may be comprised of or may otherwise include a relational database that
utilizes structured query language for the storage, identification, modifying, updating,
10 accessing, etc. of structured data sets stored therein.
The memory 206 may be configured to store a blockchain. As
discussed above, the blockchain may be comprised of a plurality of blocks, where
each block may be comprised of at least a block header and one or more data values.
Each block header may include a time stamp, a block reference value referring to the
15 preceding block in the blockchain, and a data reference value referring to the one or
more data values included in the respective block. The memory may also be
configured to store any additional data that may be used by the processing server 102
in performing the functions discussed herein, such as hashing algorithms for
generating reference values for the blockchain, communication data for
20 communicating with other blockchain nodes and other computing devices, access data
for providing access to third-party providers or merchant systems 112 to blockchain
data, public keys corresponding to private keys provisioned to issuer 108 for
verification of digital signatures, etc.
The processing server 102 may include a querying module 214. The
25 querying module 214 may be configured to execute queries on databases to identify
information. The querying module 214 may receive one or more data values or query
strings and may execute a query string based thereon on an indicated database, such
as the memory 206, to identify information stored therein. The querying module 214
may then output the identified information to an appropriate engine or module of the
30 processing server 102 as necessary. The querying module 214 may, for example,
execute a query on the memory 206 to identify a the most recent block added to the
blockchain (e.g., based on timestamp) as part of the process in generating a new
block, or may execute a query on the memory 206 to identify a public key
corresponding to the issuer 108 for use in validating a digital signature provided with
13
data associated with the type of services or functions provided by the issuer 108, the
central bank 109, and/or the third-party provider 112 for authentication thereof.
The processing server 102 may also include a generation module 216.
The generation module 216 may be configured to generate data for the processing
server 102 for 5 use in performing the functions discussed herein. The generation
module 216 may receive instructions as input, may generate data based on the
instructions, and may output the generated data to one or more modules or engines of
the processing server 102. For example, the generation module 216 may be
configured to generate new blocks and new block headers for confirmation and
10 addition into the blockchain. The generation module 216 may also be configured to
generate hash values via the application of hashing algorithms to data, such as for the
generation of reference values to be included in the block header of a newly generated
block. In some cases, the generation of hash values may be performed via a separate
hashing module included in the processing server 102.
15 The processing server 102 may also include a validation module 218.
The validation module 218 may be configured to validate data for the processing
server 102 and the issuer 108 for use in performing the functions discussed herein.
The validation module 218 may receive instructions as input, may validate data as
instructed, and may output a result of the validation to another module or engine of
20 the processing server 102.
The processing server 102 may also include a transmitting device 220.
The transmitting device 220 may be configured to transmit data over one or more
networks via one or more network protocols. In some instances, the transmitting
device 220 may be configured to transmit data in the blockchain network 104 to the
25 issuer 108, and other entities via one or more communication methods, local area
networks, wireless area networks, cellular communication, Bluetooth, radio
frequency, the Internet, etc. In some embodiments, the transmitting device 220 may
be comprised of multiple devices, such as different transmitting devices for
transmitting data over different networks, such as a first transmitting device for
30 transmitting data over a local area network and a second transmitting device for
transmitting data via the Internet. The transmitting device 220 may electronically
transmit data signals that have data superimposed that may be parsed by a receiving
computing device. In some instances, the transmitting device 220 may include one or
14
more modules for superimposing, encoding, or otherwise formatting data into data
signals suitable for transmission.
Process Flow
FIG. 3 is a flowchart illustrating an exemplary method for transferring
digital tokens to and f 5 rom a physical payment card in accordance with exemplary
embodiments. The method 300 includes receiving 310, on a processing server, a
plurality of digital tokens issued from a central bank and transferring 320, from the
processing server, the plurality of digital tokens to the physical payment card, the
physical payment card configured to be used with a POS. The method may also
10 comprise including a digital signature and a cryptographic key for the plurality of
digital tokens on the physical payment card, and may also comprise verifying the
digital signature and the cryptographic key upon a presentation of the physical
payment card at the POS. Further, the method may include deducting digital tokens
from the plurality of digital tokens upon a presentation of the physical payment card
15 to the POS. Further, the method may include uploading the plurality of digital tokens
to the physical payment card via an automated teller machine (ATM). Additionally,
the method may further include recording, in a blockchain network 104, each transfer
of a digital token to and from the processing server. Here, the processing server 102
may be associated with an issuer 108. Also, the physical payment instrument 110
20 may be an EMV card with individual digital tokens.
Computer System Architecture
FIG. 4 illustrates a computer system 400 in which embodiments of the
present disclosure, or portions thereof, may be implemented as computer-readable
code. For example, the processing server 102 of FIG. 1 may be implemented in the
25 computer system 400 using hardware, software executed on hardware, firmware, nontransitory
computer readable media having instructions stored thereon, or a
combination thereof and may be implemented in one or more computer systems or
other processing systems. Hardware, software executed on hardware, or any
combination thereof may embody modules and components used to implement the
30 processes as disclosed herein.
If programmable logic is used, such logic may execute on a
commercially available processing platform specifically configured by executable
software code to become a specific purpose computer or a special purpose device
15
(e.g., programmable logic array, application-specific integrated circuit, etc.). A
person having ordinary skill in the art may appreciate that embodiments of the
disclosed subject matter can be practiced with various computer system
configurations, including multi-core multiprocessor systems, minicomputers,
mainframe computers, c 5 omputers linked or clustered with distributed functions, as
well as pervasive or miniature computers that may be embedded into virtually any
device. For instance, at least one processor device and a memory may be used to
implement the above described embodiments.
A processor unit or device as discussed herein may be a single
10 processor, a plurality of processors, or combinations thereof. Processor devices may
have one or more processor “cores.” The terms “computer program medium,” “nontransitory
computer readable medium,” and “computer usable medium” as discussed
herein are used to generally refer to tangible media such as a removable storage unit
418, a removable storage unit 422, and a hard disk installed in hard disk drive 412,
15 etc.
Various embodiments of the present disclosure are described in terms
of this example computer system 400. After reading this description, it will become
apparent to a person skilled in the relevant art how to implement the present
disclosure using other computer systems and/or computer architectures. Although
20 operations may be described as a sequential process, some of the operations may in
fact be performed in parallel, concurrently, and/or in a distributed environment, and
with program code stored locally or remotely for access by single or multi-processor
machines. In addition, in some embodiments the order of operations may be
rearranged without departing from the spirit of the disclosed subject matter.
25 Processor device 404 may be a special purpose or a general-purpose
processor device specifically configured to perform the functions discussed herein.
The processor device 404 may be connected to a communications infrastructure 406,
such as a bus, message queue, network, multi-core message-passing scheme, etc. The
network may be any network suitable for performing the functions as disclosed herein
30 and may include a local area network (LAN), a wide area network (WAN), a wireless
network (e.g., WiFi), a mobile communication network, a satellite network, the
Internet, fiber optic, coaxial cable, infrared, radio frequency (RF), or any combination
thereof. Other suitable network types and configurations will be apparent to persons
having skill in the relevant art. The computer system 400 may also include a main
16
memory 408 (e.g., random access memory, read-only memory, etc.), and may also
include a secondary memory 410. The secondary memory 410 may include the hard
disk drive 412 and a removable storage drive 414, such as a floppy disk drive, a
magnetic tape drive, an optical disk drive, a flash memory, etc.
The 5 removable storage drive 414 may read from and/or write to the
removable storage unit 418 in a well-known manner. The removable storage unit 418
may include a removable storage media that may be read by and written to by the
removable storage drive 414. For example, if the removable storage drive 414 is a
floppy disk drive or universal serial bus port, the removable storage unit 418 may be a
10 floppy disk or portable flash drive, respectively. In one embodiment, the removable
storage unit 418 may be non-transitory computer readable recording media.
In some embodiments, the secondary memory 410 may include
alternative means for allowing computer programs or other instructions to be loaded
into the computer system 400, for example, the removable storage unit 422 and an
15 interface 420. Examples of such means may include a program cartridge and
cartridge interface (e.g., as found in video game systems), a removable memory chip
(e.g., EEPROM, PROM, etc.) and associated socket, and other removable storage
units 422 and interfaces 420 as will be apparent to persons having skill in the relevant
art.
20 Data stored in the computer system 400 (e.g., in the main memory 408
and/or the secondary memory 410) may be stored on any type of suitable computer
readable media, such as optical storage (e.g., a compact disc, digital versatile disc,
Blu-ray disc, etc.) or magnetic tape storage (e.g., a hard disk drive). The data may be
configured in any type of suitable database configuration, such as a relational
25 database, a structured query language (SQL) database, a distributed database, an
object database, etc. Suitable configurations and storage types will be apparent to
persons having skill in the relevant art.
The computer system 400 may also include a communications
interface 424. The communications interface 424 may be configured to allow software
30 and data to be transferred between the computer system 400 and external devices.
Exemplary communications interfaces 424 may include a modem, a network interface
(e.g., an Ethernet card), a communications port, a PCMCIA slot and card, etc.
Software and data transferred via the communications interface 424 may be in the
form of signals, which may be electronic, electromagnetic, optical, or other signals as
17
will be apparent to persons having skill in the relevant art. The signals may travel via
a communications path 426, which may be configured to carry the signals and may be
implemented using wire, cable, fiber optics, a phone line, a cellular phone link, a
radio frequency link, etc.
The computer system 400 may f 5 urther include a display interface 402.
The display interface 402 may be configured to allow data to be transferred between
the computer system 400 and external display 430. Exemplary display interfaces 402
may include high-definition multimedia interface (HDMI), digital visual interface
(DVI), video graphics array (VGA), etc. The display 430 may be any suitable type of
10 display for displaying data transmitted via the display interface 402 of the computer
system 400, including a cathode ray tube (CRT) display, liquid crystal display (LCD),
light-emitting diode (LED) display, capacitive touch display, thin-film transistor
(TFT) display, etc.
Computer program medium and computer usable medium may refer to
15 memories, such as the main memory 408 and secondary memory 410, which may be
memory semiconductors (e.g., DRAMs, etc.). These computer program products may
be means for providing software to the computer system 400. Computer programs
(e.g., computer control logic) may be stored in the main memory 408 and/or the
secondary memory 410. Computer programs may also be received via the
20 communications interface 424. Such computer programs, when executed, may enable
computer system 400 to implement the present methods as discussed herein. In
particular, the computer programs, when executed, may enable processor device 404
to implement the system illustrated by FIG. 1 as discussed herein. Accordingly, such
computer programs may represent controllers of the computer system 400. Where the
25 present disclosure is implemented using software, the software may be stored in a
computer program product and loaded into the computer system 400 using the
removable storage drive 414, interface 420, and hard disk drive 412, or
communications interface 424.
The processor device 404 may comprise one or more modules or
30 engines configured to perform the functions of the computer system 400. Each of the
modules or engines may be implemented using hardware and, in some instances, may
also utilize software, such as corresponding to program code and/or programs stored
in the main memory 408 or secondary memory 410. In such instances, program code
may be compiled by the processor device 404 (e.g., by a compiling module or engine)
18
prior to execution by the hardware of the computer system 400. For example, the
program code may be source code written in a programming language that is
translated into a lower level language, such as assembly language or machine code,
for execution by the processor device 404 and/or any additional hardware components
5 of the computer system 400. The process of compiling may include the use of lexical
analysis, preprocessing, parsing, semantic analysis, syntax-directed translation, code
generation, code optimization, and any other techniques that may be suitable for
translation of program code into a lower level language suitable for controlling the
computer system 400 to perform the functions disclosed herein. It will be apparent to
10 persons having skill in the relevant art that such processes result in the computer
system 400 being a specially configured computer system 400 uniquely programmed
to perform the functions discussed above.
Techniques consistent with the present disclosure provide, among
other features, systems and methods for providing a service node within a blockchain
15 network. While various exemplary embodiments of the disclosed system and method
have been described above it should be understood that they have been presented for
purposes of example only, not limitations. It is not exhaustive and does not limit the
disclosure to the precise form disclosed. Modifications and variations are possible in
light of the above teachings or may be acquired from practicing of the disclosure,
20 without departing from the breadth or scope.

We claim:
1. A method for transferring digital tokens to and from a physical
payment card, the method comprising:
receiving, on a processing server, a plurality of digital tokens issued from a
5 central bank; and
transferring, from the processing server, the plurality of digital tokens to the
physical payment card, the physical payment card configured to be used with a point
of sale (POS).
10 2. The method according to claim 1, comprising:
including a digital signature and a cryptographic key for the plurality of digital
tokens on the physical payment card.
3. The method according to claim 2, comprising:
15 verifying the digital signature and the cryptographic key upon a presentation
of the physical payment card at the point of sale (POS).
4. The method according to claim 1, comprising:
deducting digital tokens from the plurality of digital tokens upon a
20 presentation of the physical payment card to the point of sale (POS).
5. The method according to claim 1, comprising:
uploading the plurality of digital tokens to the physical payment card via an
automated teller machine (ATM).
25
6. The method according to claim 1, further comprising:
recording, in a blockchain network, each transfer of a digital token to and from
the processing server.
30 7. The method according to claim 1, wherein the processing server is
associated with an issuer.
20
8. The method according to claim 1, wherein the physical payment card is
an EMV card with individual digital tokens.
5 9. A system for transferring digital tokens to and from a physical
payment card, the system comprising:
a processing server configured to:
receive a plurality of digital tokens issued from a central bank; and
transfer the plurality of digital tokens to the physical payment card, the
10 physical payment card configured to be used with a point of sale (POS).
10. The system according to claim 9, comprising:
including a digital signature and a cryptographic key for the plurality of digital
tokens on the physical payment card.
15
11. The system according to claim 10, wherein the digital signature and the
cryptographic key is verified upon a presentation of the physical payment card at the
point of sale (POS).
20 12. The system according to claim 9, wherein digital tokens are deducted
from the plurality of digital tokens upon a presentation of the physical payment card
to the point of sale (POS).
13. The system according to claim 9, wherein the plurality of digital tokens
25 are uploaded to the physical payment card via an automated teller machine (ATM).
14. The system according to claim 9, wherein each transfer of a digital
token to and from the processing server is recorded in a blockchain network.
30 15. The system according to claim 9, wherein the processing server is
associated with an issuer.
21
16. The method according to claim 9, wherein the physical payment card is
an EMV card with individual digital tokens.