Single-use multi-layered ticket and redeeming technique
View Patent ↗A ticket for managing crypto currency. The ticket incorporates a redeeming code in combination with a loading code for activating the redeeming code. At the same time, however, the loading code also prohibits access to the underlying redeeming code, thereby preventing use. Therefore, in order to access the redeeming code and redeem the ticket of cryptocurrency, the loading code is inherently destroyed by removal. Thus, the ticket is no longer practically able to be re-loaded and is thus, single use, thereby aiding in user understanding and management of cryptocurrency.
1 . A single-use cryptocurrency method comprising:
printing at least one redeeming code on a given side of a substrate for non-machine readable transfer from a first user to a second user;
adhering a public loading code layer with a machine-readable loading code over the at least one redeeming code to prohibit access thereto;
electronically activating the at least one redeeming code with a set amount of cryptocurrency to convert the substrate to a single-use cryptocurrency ticket;
removing, by the first user, the loading code layer for marking the single-use cryptocurrency ticket and to sufficiently expose the at least one redeeming code;
selecting, by the first user, the exposed redeeming code;
electronically sending, by the first user at a first location, the selected redeeming code to the second user at another location in a non-machine readable manner; and
redeeming of the selected redeeming code by the second user after the marking of the single-use cryptocurrency ticket.
2 . The method of claim 1 , wherein the at least one redeeming code is one of a plurality of private redeeming codes.
3 . The method of claim 2 , wherein the plurality of private redeeming codes includes at least one non-machine readable redeeming code.
4 . The method of claim 3 wherein the at least one non-machine readable redeeming code is selected from a group consisting of a visual code, an alphanumeric code and an auditory code.
5 . The method of claim 2 , wherein the plurality of redeeming codes comprise redeeming codes of different types including machine and non-machine readable codes.