Systems and methods for blockchain based payment networks
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United States of America Patent
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Nov 10, 2020
Grant Date -
Mar 15, 2018
app pub date -
Sep 15, 2016
filing date -
Sep 15, 2016
priority date (Note) -
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Abstract
A system for operating a payment network with a blockchain-based ledger may prepare a request to complete a transaction from an account associated with a payer digital wallet for entry on the blockchain. The request may include an amount and payee address associated with a payee digital wallet. The system may also send the request to the blockchain using a blockchain interface. The system may approve or decline the request. The system may further adjust a balance of the payer a balance of the payee to reflect approval of the request. The adjustment may include writing the transaction to the blockchain.
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