NCR Voyix Corporation (20240257189). DONATION-BASED TRANSACTION INTEGRATION simplified abstract

DONATION-BASED TRANSACTION INTEGRATION

Organization Name

NCR Voyix Corporation

Inventor(s)

Kip Oliver Morgan of Atlanta GA (US)

Gina Torcivia Bennett of Lawrenceville GA (US)

Wuchieh James Jong of Raleigh NC (US)

Kelli Lee of Atlanta GA (US)

Jerry Steven Massey of Lawrenceville GA (US)

Jacob Alexander Poston of Loganville GA (US)

Aleah Jean Kadry of Atlanta GA (US)

DONATION-BASED TRANSACTION INTEGRATION - A simplified explanation of the abstract

This abstract first appeared for US patent application 20240257189 titled 'DONATION-BASED TRANSACTION INTEGRATION

The abstract describes a patent application for a donation workflow integrated into a transaction terminal, where customers can make donations that are converted into cryptocurrency and transferred to a charity.

• Simplified Explanation:

A donation workflow is added to a transaction terminal, allowing customers to make donations that are converted into cryptocurrency and sent to a charity.

• Key Features and Innovation:

- Donation workflow integrated into a transaction terminal - Donation amount added as a line item to the transaction total - Conversion of donation amount into cryptocurrency - Transfer of cryptocurrency to a charity's wallet

• Potential Applications:

- Non-profit organizations - Fundraising events - Retail stores with charitable initiatives

• Problems Solved:

- Streamlining the donation process - Providing transparency in donation tracking - Facilitating cryptocurrency transactions for charities

• Benefits:

- Increased efficiency in donation processing - Enhanced security through blockchain technology - Improved accountability in charitable giving

• Commercial Applications:

- Charitable organizations - Retail businesses with donation programs - Payment processing companies

• Questions about the Technology:

1. How does the donation workflow ensure the security of cryptocurrency transactions? 2. What measures are in place to track and verify donations made through the terminal?

• Frequently Updated Research:

- Updates on blockchain technology advancements - Trends in cryptocurrency donations for charitable causes

Overall, this technology offers a streamlined and secure way for customers to make donations that benefit charitable organizations.

Original Abstract Submitted

a donation workflow with donation screens is integrated into a transaction workflow of a transaction terminal. the donation workflow is independent and separate from the transaction workflow. when a customer enters a donation into a donation entry screen, an agent on the terminal provides the donation amount to a transaction manager of the terminal. the donation amount is added as a line item to the transaction total. after payment, the fiat currency associated with the donation amount is used to purchase an equivalent amount in cryptocurrency over a blockchain and held in a store wallet of a store. the equivalent amount in cryptocurrency is subsequently transferred over the blockchain from the store wallet to a charity's wallet associated with the charity that is to receive the donation amount from the customer.