Methods and systems for regulating operation of units using encryption techniques associated with a blockchain

1 . A system for exchanging units according to at least one encryption technique associated with a blockchain, the system comprising:

a memory storing instructions; and

a processor configured to execute the instructions to perform operations comprising:

maintaining a plurality of product awards accounts, wherein one product awards account of the plurality of product awards accounts is associated with a number of units;

receiving a request for a gift transaction, indicating the number of units associated with the one product awards account and comprising a redemption transaction request to exchange a redeemable item of value associated with one product awards program of one or more product awards programs for a redeemable unit;

providing, based on the request, a gift option indicating an item of value exchangeable for the number of units, wherein the gift option is issued by the one or more product awards programs through an application programming interface associated with the processor;

receiving a selection of the gift option;

gifting, from the one product awards account to another product awards account of the plurality of product awards accounts, the number of units for the item of value to conduct the gift transaction;

converting, using the blockchain, the number of units to the redeemable unit based on a real-time conversion rate regulated by at least one encryption technique;

redeeming the redeemable unit to fulfill the redemption transaction request by combining redeemable units from a plurality of the one or more product awards programs; and

entering, into the blockchain, data associated with the gift transaction that is encrypted according to at least one encryption technique and data associated with the redemption transaction that is encrypted according to at least one encryption technique, wherein the data associated with the redemption transaction comprises the redeemable unit or the item of value.

2 . The system of claim 1 , wherein the one product awards account includes a product award associated with at least one product awards program of the one or more product awards programs.

3 . The system of claim 2 , wherein the number of units is associated with the product award for the at least one product awards program.

4 . The system of claim 1 , the operations further comprising:

providing, based on the redemption transaction request, a redemption option indicating redeemable units; and

receiving a selection of the redemption option.

5 . The system of claim 1 , wherein:

the redemption transaction comprises a redemption of redeemable units in exchange for the redeemable item of value; and

the redemption transaction request indicates the redeemable item of value.

6 . The system of claim 1 , wherein the data associated with the gift transaction comprises identifying information associated with a recipient of the item of value.

7 . The system of claim 6 , wherein the identifying information comprises at least one from among the another product awards account, a telephone number, an email address, or a mailing address.

8 . The system of claim 1 , the operations further comprising:

providing, to a computing device associated with a user, an application configured to enable the user to exchange information regarding at least one product awards program; and

receiving the request for the gift transaction through the application.

9 . A method of exchanging units according to at least one encryption technique associated with a blockchain, comprising:

maintaining a plurality of product awards accounts, wherein one product awards account of the plurality of product awards accounts is associated with a number of units;

receiving a request for a gift transaction indicating the number of units associated with the one product awards account and comprising a redemption transaction request to exchange a redeemable item of value associated with one product awards program of one or more product awards programs for a redeemable unit;

providing, based on the request, a gift option indicating an item of value exchangeable for the number of units, wherein the gift option is issued by the one or more product awards programs through an application programming interface associated with a processor;

receiving a selection of the gift option;

gifting, from the one product awards account to another product awards account of the plurality of product awards accounts, the number of units for the item of value to conduct the gift transaction;

converting, using the blockchain, the number of units to the redeemable unit based on a real-time conversion rate regulated by at least one encryption technique;

redeeming the redeemable unit to fulfill the redemption transaction request by combining redeemable units from a plurality of the one or more product awards programs; and

entering, into the blockchain, data associated with the gift transaction that is encrypted according to at least one encryption technique and data associated with the redemption transaction that is encrypted according to at least one encryption technique, wherein the data associated with the redemption transaction comprises the redeemable unit or the item of value.

10 . The method of claim 9 , further comprising providing to a computing device, through an application, a notification indicating the number of units exchanged for the item of value.

11 . The method of claim 9 , further comprising:

providing, based on the redemption transaction request, a redemption option indicating redeemable units; and

receiving a selection of the redemption option.

12 . The method of claim 9 , wherein:

the redemption transaction comprises a redemption of redeemable units in exchange for the redeemable item of value; and

the redemption transaction request indicates the redeemable item of value.

13 . The method of claim 9 , wherein the data associated with the gift transaction comprises identifying information associated with a recipient of the item of value.

14 . The method of claim 13 , wherein the identifying information comprises at least one from the another product awards account, a telephone number, an email address, or a mailing address.

15 . The method of claim 9 , further comprising:

providing, to a computing device associated with a user, an application configured to enable the user to exchange information regarding at least one product awards program; and

receiving the request for the gift transaction through the application.

16 . A computer readable medium storing instructions that, when executed by a processor, cause the processor to perform operations comprising:

maintaining a plurality of product awards accounts, wherein one product awards account of the plurality of product awards accounts is associated with a number of units;

receiving a request for a gift transaction indicating the number of units associated with the one product awards account and comprising a redemption transaction request to exchange a redeemable item of value associated with one product awards program of one or more product awards programs for a redeemable unit;

providing, based on the request, a gift option indicating an item of value exchangeable for the number of units, wherein the gift option is issued by the one or more product awards programs through an application programming interface associated with the processor;

receiving a selection of the gift option;

gifting, from the one product awards account to another product awards account of the plurality of accounts, the number of units for the item of value to conduct the gift transaction;

converting, using a blockchain, the number of units to the redeemable unit based on a real-time conversion rate regulated by at least one encryption technique;

redeeming the redeemable unit to fulfill the redemption transaction request by combining redeemable units from a plurality of the one or more product awards programs; and

entering, into the blockchain, data associated with the gift transaction that is encrypted according to at least one encryption technique and data associated with the redemption transaction that is encrypted according to at least one encryption technique, wherein the data associated with the redemption transaction comprises the redeemable unit or the item of value.

17 . The computer readable medium of claim 16 , the operations further comprising providing to a computing device through an application a notification indicating the number of units exchanged for the item of value.

18 . The computer readable medium of claim 16 , the operations further comprising:

providing, based on the redemption transaction request, a redemption option indicating redeemable units; and

receiving a selection of the redemption option.

19 . The computer readable medium of claim 16 , wherein:

the redemption transaction comprises a redemption of redeemable units in exchange for the redeemable item of value; and

the redemption transaction request indicates the redeemable item of value.

20 . The computer readable medium of claim 16 , wherein the data associated with the gift transaction comprises identifying information associated with a recipient of the item of value.