20240037536. CRYPTOCURRENCY CARD WITH CUSTOMIZABLE WALLET ASSIGNMENT simplified abstract (Truist Bank)

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CRYPTOCURRENCY CARD WITH CUSTOMIZABLE WALLET ASSIGNMENT

Organization Name

Truist Bank

Inventor(s)

Oneka Williams of Atlanta GA (US)

Chuong Dinh of Atlanta GA (US)

Gregory Phillips of Atlanta GA (US)

CRYPTOCURRENCY CARD WITH CUSTOMIZABLE WALLET ASSIGNMENT - A simplified explanation of the abstract

This abstract first appeared for US patent application 20240037536 titled 'CRYPTOCURRENCY CARD WITH CUSTOMIZABLE WALLET ASSIGNMENT

Simplified Explanation

The present disclosure is about a cryptocurrency card that allows users to engage in cryptocurrency transactions. The card is linked to a user device that generates a graphical user interface displaying transaction data associated with the user's account. The user can link one or more digital wallets to the card through the user device. Once linked, the computer system associated with the service provider can use the digital wallet to execute cryptocurrency transactions initiated using the card. The transaction data is updated to reflect these cryptocurrency transactions.

  • The patent application describes a cryptocurrency card for conducting cryptocurrency transactions.
  • The user device generates a graphical user interface displaying transaction data associated with the user's account.
  • The user can link digital wallets to the card through the graphical user interface.
  • The computer system associated with the service provider facilitates the linking of digital wallets to the card.
  • Once linked, the computer system uses the digital wallet to execute cryptocurrency transactions initiated using the card.
  • The transaction data is updated to reflect the executed cryptocurrency transactions.

Potential Applications:

  • Convenient and secure cryptocurrency transactions for users.
  • Integration of multiple digital wallets into a single card for ease of use.
  • Streamlined management of cryptocurrency transactions through a user device.

Problems Solved:

  • Simplifies the process of conducting cryptocurrency transactions.
  • Provides a centralized platform for managing multiple digital wallets.
  • Enhances security by linking digital wallets to a physical card.

Benefits:

  • Easy access to cryptocurrency transactions through a physical card.
  • Improved user experience with a graphical user interface displaying transaction data.
  • Efficient management of cryptocurrency transactions with updated transaction data.


Original Abstract Submitted

the present disclosure relates to a cryptocurrency card for engaging in cryptocurrency transactions. in one example, a user has a user device and a card. the user device can generate a graphical user interface that includes transaction data associated with an account of the user with a service provider. the graphical user interface can include an option for linking one or more digital wallets to the card. in response to detecting a user selection of the option, the user device can interact with a computer system associated with the service provider to link a digital wallet to the card. based on the link, the computer system can then use the digital wallet to execute cryptocurrency transactions initiated using the card. the computer system can also update the transaction data to describe the cryptocurrency transactions.

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