IP Library Granted Patent US 11,397,963
Granted Patent B2
US 11,397,963 · App. 16/824,783 · Granted Jul 26, 2022

Multi-axis blockchain clearance of offers

Inventors: Michael Walsh (San Franciso, CA); Venkata Radha Krishna Proddaturi (Santa Clara, CA); Joshua Arteaga (Mountain View, CA); Ehsan Hoque (Pleasanton, CA)
Assignee: QUOTIENT TECHNOLOGY INC.
G06Q30/0238G06Q20/3827H04L9/0637H04L9/50H04L2209/56
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Quick Facts
Patent No.
US 11,397,963
App. No.
16/824,783
Granted
Jul 26, 2022
Kind
B2
Abstract

In an embodiment, a computer-implemented method providing improvements in clearance of offers, comprising receiving redemption transaction metadata from a first computing device controlled by a first entity, the redemption transaction metadata relating to a point of sale transaction using a coupon associated with a coupon campaign; in response to approving the coupon for redemption, posting a redemption transaction to be written on two independent redemption blockchains including a first redemption blockchain associated with the first entity and a second redemption blockchain associated with the coupon campaign, the redemption transaction including at least a portion of the redemption transaction metadata; receiving payout transaction metadata from a second computing device controlled by a second entity associated with the coupon campaign, the payout transaction metadata relating to a payout event that corresponds with a redemption transaction written on the second redemption blockchain.

Claims (40)

1. A computer-implemented method for implementing a coupon campaign across multiple blockchains, the method performed by a coupon provider server, the method comprising:

constructing, for the coupon campaign, a first redemption blockchain as a private blockchain between the coupon provider server and a first computing device controlled by a first entity;

constructing, for the coupon campaign, a second redemption blockchain as a private blockchain between the coupon provider server and a second computing device controlled by a second entity;

receiving first redemption metadata from the first computing device, the first redemption metadata relating to a point of sale transaction associated with a coupon associated with the coupon campaign;

generating a second redemption metadata based on a modification of the first redemption metadata, the second redemption metadata comprising information relating to the point of sale transaction that has been de-sensitized;

in response to approving the coupon for redemption, posting a first redemption transaction on the first redemption blockchain based on the first redemption metadata and further posting a second redemption transaction on the second redemption blockchain based on the second redemption metadata, the first computing device being restricted from accessing the second redemption blockchain and the second computing device being restricted from accessing the first redemption blockchain;

receiving payout transaction metadata from the second computing device the payout transaction metadata relating to a payout event that corresponds with the second redemption transaction posted on the second redemption blockchain.

2. The method of claim 1 , wherein the first redemption blockchain and the second redemption blockchain form a multi-axis redemption blockchain by one or more redemption transactions posted on both the first redemption blockchain and the second redemption blockchain.

3. The method of claim 1 , wherein the first redemption blockchain is distributed to nodes within a first distributed network including a server computer and the first computing device, wherein the second redemption blockchain is distributed to nodes within a second distributed network including the server computer and the second computing device.

4. The method of claim 1 , further comprising, prior to receiving the first redemption metadata, initializing the first redemption blockchain and the second redemption blockchain.

5. The method of claim 1 , further comprising, after receiving payout transaction metadata, posting a payout transaction on two distinct blockchains, a first of the two distinct blockchains being associated with the first entity and a second of the two distinct blockchains being associated with the coupon campaign, the payout transaction including at least a portion of the payout transaction metadata.

6. The method of claim 5 , wherein the two distinct blockchains are separate from the first redemption blockchain and the second redemption blockchain.

7. The method of claim 5 , wherein the first of the two distinct blockchains is the first redemption blockchain and the second of the two distinct blockchains is the second redemption blockchain.

8. One or more non-transitory computer-readable media storing instructions which, when processed by one or more processors of a coupon provider server implementing a coupon campaign, cause the one or more processors to perform:

constructing, for the coupon campaign, a first redemption blockchain as a private blockchain between the coupon provider server and a first computing device controlled by a first entity;

constructing, for the coupon campaign, a second redemption blockchain as a private blockchain between the coupon provider server and a second computing device controlled by a second entity;

receiving first redemption metadata from the first computing device, the first redemption metadata relating to a point of sale transaction associated with a coupon associated with the coupon campaign;

generating a second redemption metadata based on a modification of the first redemption metadata, the second redemption metadata comprising information relating to the point of sale transaction that has been de-sensitized;

in response to approving the coupon for redemption, posting a first redemption transaction on the first redemption blockchain based on the first redemption metadata and further posting a second redemption transaction on the second redemption blockchain based on the second redemption metadata, the first computing device being restricted from accessing the second redemption blockchain and the second computing device being restricted from accessing the first redemption blockchain;

receiving payout transaction metadata from the second computing device, the payout transaction metadata relating to a payout event that corresponds with the second redemption transaction posted on the second redemption blockchain.

9. The one or more non-transitory computer-readable media of claim 8 , wherein the first redemption blockchain and the second redemption blockchain form a multi-axis redemption blockchain by one or more redemption transactions posted on both the first redemption blockchain and the second redemption blockchain.

10. The one or more non-transitory computer-readable media of claim 8 , wherein the first redemption blockchain is distributed to nodes within a first distributed network including a server computer and the first computing device, wherein the second redemption blockchain is distributed to nodes within a second distributed network including the server computer and the second computing device.

11. The one or more non-transitory computer-readable media of claim 8 , further comprising instructions which, when processed by one or more processors, further cause the one or more processors to perform, prior to receiving the first redemption metadata, initializing the first redemption blockchain and the second redemption blockchain.

12. The one or more non-transitory computer-readable media of claim 8 , further comprising instructions which, when processed by one or more processors, further cause the one or more processors to perform, after receiving payout transaction metadata, posting a payout transaction on two distinct blockchains, a first of the two distinct blockchains being associated with the first entity and a second of the two distinct blockchains being associated with the coupon campaign, the payout transaction including at least a portion of the payout transaction metadata.

13. The one or more non-transitory computer-readable media of claim 12 , wherein the two distinct blockchains are separate from the first redemption blockchain and the second redemption blockchain.

14. The one or more non-transitory computer-readable media of claim 12 , wherein the first of the two distinct blockchains is the first redemption blockchain and the second of the two distinct blockchains is the second redemption blockchain.

15. A computer system comprising:

one or more processors of a coupon provider server implementing a coupon campaign; and

one or more memories communicatively coupled to the one or more processors and storing instructions which, when processed by the one or more processors, cause the one or more processors to perform:

constructing, for the coupon campaign, a first redemption blockchain as a private blockchain between the coupon provider server and a first computing device controlled by a first entity;

constructing, for the coupon campaign, a second redemption blockchain as a private blockchain between the coupon provider server and a second computing device controlled by a second entity;

receiving first redemption metadata from the first computing device, the first redemption metadata relating to a point of sale transaction associated with a coupon associated with the coupon campaign;

generating a second redemption metadata based on a modification of the first redemption metadata, the second redemption metadata comprising information relating to the point of sale transaction that has been de-sensitized;

in response to approving the coupon for redemption, posting a first redemption transaction on the first redemption blockchain based on the first redemption metadata and further posting a second redemption transaction on the second redemption blockchain based on the second redemption metadata, the first computing device being restricted from accessing the second redemption blockchain and the second computing device being restricted from accessing the first redemption blockchain;

receiving payout transaction metadata from the second computing device, the payout transaction metadata relating to a payout event that corresponds with the second redemption transaction posted on the second redemption blockchain.

16. The computer system of claim 15 , wherein the first redemption blockchain and the second redemption blockchain form a multi-axis redemption blockchain by one or more redemption transactions posted on both the first redemption blockchain and the second redemption blockchain.

17. The computer system of claim 15 , wherein the first redemption blockchain is distributed to nodes within a first distributed network including the server computer and the first computing device, wherein the second redemption blockchain is distributed to nodes within a second distributed network including the server computer and the second computing device.

18. The computer system of claim 15 , wherein the instructions which, when processed by the one or more processors of the server computer, further cause the one or more processors to perform, prior to receiving the first redemption metadata, initializing the first redemption blockchain and the second redemption blockchain.

19. The computer system of claim 15 , wherein the instructions which, when processed by the one or more processors of the server computer, further cause the one or more processors to perform, prior to initializing the first redemption blockchain and the second redemption blockchain, generating the coupon associated with the coupon campaign.

20. The computer system of claim 15 , wherein the instructions which, when processed by the one or more processors of the server computer, further cause the one or more processors to perform, after receiving payout transaction metadata, posting a payout transaction on two distinct blockchains, a first of the two distinct blockchains being associated with the first entity and a second of the two distinct blockchains being associated with the coupon campaign, the payout transaction including at least a portion of the payout transaction metadata.

Assignments (6)
RELEASE OF SECURITY INTEREST Recorded Sep 8, 2023
From: PNC BANK, NATIONAL ASSOCIATION
To: QUOTIENT TECHNOLOGY INC.; UBIMO LTD
Reel/Frame 064841/0963 →
RELEASE OF SECURITY INTEREST Recorded Sep 7, 2023
From: BLUE TORCH FINANCE LLC
To: QUOTIENT TECHNOLOGY INC.; UBIMO LTD
Reel/Frame 064834/0950 →
SECURITY INTEREST Recorded Sep 5, 2023
From: CB NEPTUNE HOLDINGS, LLC; ONCARD MARKETING, INC.; QUOTIENT TECHNOLOGY INC.
To: CERBERUS BUSINESS FINANCE AGENCY, LLC
Reel/Frame 064805/0237 →
SECURITY INTEREST Recorded Dec 2, 2022
From: QUOTIENT TECHNOLOGY INC.; UBIMO LTD
To: BLUE TORCH FINANCE LLC, AS COLLATERAL AGENT
Reel/Frame 062040/0140 →
SECURITY INTEREST Recorded Dec 1, 2022
From: QUOTIENT TECHNOLOGY, INC.; UBIMO LTD; SAVINGSTAR, INC.
To: PNC BANK, NATIONAL ASSOCIATION
Reel/Frame 062038/0015 →
ASSIGNMENT OF ASSIGNOR'S INTEREST Recorded May 2, 2020
From: WALSH, MICHAEL; PRODDATURI, VENKATA RADHA KRISHNA; ARTEAGA, JOSHUA; HOQUE, EHSAN
To: QUOTIENT TECHNOLOGY INC.
Reel/Frame 052556/0235 →
Continuity (2)
Provisional Application 62822282 · Mar 22, 2019
Related Publication 20200302470A1 · Sep 24, 2020