IP Library › Granted Patent US 11,580,520
Granted Patent B2
US 11,580,520 · App. 17/247,597 · Granted Feb 14, 2023

System, method, and apparatus to interactively broadcast value

Inventors: Jim M. Mohen (Stamford, CT); John W. Masotti (Stamford, CT); Leon Afanasyev (Stamford, CT); Timur Nutfullin (Kazam, RU)
G06Q20/326G06Q20/367G10L19/00
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Quick Facts
Patent No.
US 11,580,520
App. No.
17/247,597
Granted
Feb 14, 2023
Kind
B2
Abstract

A system, method, apparatus, and computer program product for interactively broadcasting value via a sound, a Wi-Fi, a Bluetooth, an email, a messaging, an RFID, or an NFC to incentivize direct consumer engagement. The system produces verifiable data on customer preferences, habits, and purchasing while using secure digital cryptographic technology to convey an item of value. The system is configured to transact a digital token normally carried on a blockchain leger in an off-ledger condition. The digital token is embedded with a media content. A mobile computing device having a representation of a digital wallet is configured to detect the digital token, decode the digital token and is transfer the digital token back to the blockchain ledger. When validated by the blockchain ledger, the digital token is transacted to a digital wallet on the blockchain ledger.

Claims (10)

1. A system for to interactively broadcast value, comprising:

a communications network;

a blockchain ledger accessible via the communications network, the blockchain ledger configured to settle a transaction of a digital token carried on the blockchain;

a media content having an encrypted audio encoding of the digital token embedded therein, wherein, when encrypted, the digital token is in an off blockchain condition;

a transmission medium for playing the media content;

a receiver coupled to a mobile computing device, configured to receive the media content;

a digital wallet representation on the mobile computing device configured to extract the encrypted audio encoding of the digital token from the media content and store a decrypted digital token,

wherein, when connected with the communications network, the digital wallet representation is configured to send the decrypted digital token to the digital wallet of the blockchain ledger, the blockchain ledger is configured to validate the decrypted digital token with the digital token, and, once validated, the decrypted digital token is returned to an on blockchain condition as the digital token.

2. The system of claim 1 , further comprising:

the digital wallet carried on the blockchain ledger, the digital wallet corresponding to the digital wallet representation on the mobile computing device.

Assignments (2)
ASSIGNMENT OF ASSIGNOR'S INTEREST Recorded Nov 1, 2023
From: TING TECH LLC
To: WEB3 IP HOLDINGS LLC
Reel/Frame 065423/0660 →
ASSIGNMENT OF ASSIGNOR'S INTEREST Recorded Feb 18, 2021
From: MOHEN, JIM M.; MASOTTI, JOHN W.; AFANASYEV, LEON; NUTFULLIN, TIMUR
To: TINGTECH LLC
Reel/Frame 055322/0490 →
Continuity (2)
Provisional Application 62949190 · Dec 17, 2019
Related Publication 20210182827A1 · Jun 17, 2021