View source for LNW Gaming, Inc. (20240378961). UNIFIED DIGITAL WALLET simplified abstract

=UNIFIED DIGITAL WALLET=


==Organization Name==

[[:Category:LNW Gaming, Inc.|LNW Gaming, Inc.]]


[[Category:LNW Gaming, Inc.]]

==Inventor(s)==

[[:Category:John P. Toohey of Boca Raton FL (US)|John P. Toohey of Boca Raton FL (US)]][[Category:John P. Toohey of Boca Raton FL (US)]]

[[:Category:Cherie M. Duncan of Cumming GA (US)|Cherie M. Duncan of Cumming GA (US)]][[Category:Cherie M. Duncan of Cumming GA (US)]]

==UNIFIED DIGITAL WALLET - A simplified explanation of the abstract==


This abstract first appeared for US patent application 20240378961 titled 'UNIFIED DIGITAL WALLET

'''Simplified Explanation:'''
The patent application describes a unified wallet manager (UWM) virtualized as a single virtual service where all transactions are stored as immutable facts in append-only queues or ledgers. A rules engine determines which rules to apply for fund control or conversion between different ledgers in gaming systems.

* **Immutable storage of transactions**
* **Rules engine for fund control**
* **Integration with gaming systems**
* **Storage of funds in various types**
* **Third-party integration through an integration hub**

'''Key Features and Innovation:'''
- Unified wallet manager (UWM) as a single virtual service
- Immutable storage of transactions in append-only queues or ledgers
- Rules engine for fund control and conversion
- Integration with various gaming systems
- Storage of funds in different types
- Third-party integration through an integration hub

'''Potential Applications:'''
The technology can be applied in online gaming platforms, financial services, e-commerce platforms, and any system requiring secure fund management and conversion.

'''Problems Solved:'''
- Secure and immutable storage of transactions
- Efficient fund control and conversion
- Integration with various gaming systems
- Management of funds in different types

'''Benefits:'''
- Enhanced security for transaction storage
- Efficient fund control and conversion processes
- Seamless integration with gaming systems
- Flexibility in managing funds of different types

'''Commercial Applications:'''
The technology can be utilized in online gaming platforms, financial institutions, e-commerce websites, and any system requiring secure and efficient fund management and conversion processes.

'''Questions about Unified Wallet Manager (UWM):'''
1. How does the rules engine in the UWM determine which rules to apply for fund control?
2. What are the potential risks associated with integrating third parties with the UWM?

'''Frequently Updated Research:'''
Stay updated on the latest advancements in transaction storage technologies, rules engines for fund control, and integration methods for gaming systems.


==Original Abstract Submitted==

a unified wallet manager (uwm) virtualized as a single virtual service in which all transactions relative to the uwm are treated as immutable facts permanently stored in append-only queues or ledgers from the time of their creation. a rules engine reads conversion requests in request calls to the service and determines which rule or rules, including responsible gaming rules, to apply to control or convert funds from one ledger to another, in the same or different vertically scaled gaming systems. the uwm is a peer of other vertical gaming systems, and the gaming systems access the uwm via an api server and data egresses from the uwm through an etl process from a database cluster. the ledger stores funds of many different types, including real money, points, play money, and others. third parties can integrate with the uwm through an integration hub connected to the uwm.



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