Secure funding and payout of cryptographic currency from fiat currency purchases

Number of patents in Portfolio can not be more than 2000

United States of America

PATENT NO 12229754
APP PUB NO 20230186284A1
SERIAL NO

18164106

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ATTORNEY / AGENT: (SPONSORED)

Importance

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Abstract

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Systems and methods for enabling the secure use of cryptocurrencies (such as but not limited to Bitcoin, Ethereum, or Litecoin) in prize funds or gift cards that accept purchases or wagers in fiat currencies and payout in cryptocurrency. The prize funds can be associated with lotteries, charitable gaming, or casino environments with the inherent volatility of cryptocurrencies optionally mitigated and cryptocurrency payouts enabled for consumers or players without prior digital wallets as well as consumers or players with preexisting digital wallets.

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Patent Owner(s)

  • IGT GLOBAL SOLUTIONS CORPORATION

International Classification(s)

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  • [Patents Count]

Inventor(s)

Inventor Name Address # of filed Patents Total Citations
Cash, Brian Keith Riverview, US 2 2
Irwin,, Jr Kenneth Dawsonville, US 4 3
Polito, Michael Louis Lakeland, US 2 2

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