Granted Patent B2

US 12,743,702 · App. 17/816,494 · Granted Sep 22, 2026

Inventors: Trevor Filter (New York, NY); Zachary Kilgore (Brooklyn, NY); Tyler Robert Spalding (New York, NY)

Assignee: Flexa Inc.

G06Q20/4097G06Q20/0652G06Q20/401G06Q30/0611

Abstract

Claims (94)

1 . A method comprises:

detecting, by a digital asset-based interaction computing entity of a borderless digital asset-based interaction system, presence of a computing entity of the borderless digital asset-based interaction system within a foreign jurisdiction, wherein the digital asset-based interaction computing entity is associated with the computing entity via a digital asset-based interaction interface of the computing entity, wherein the computing entity is associated with a first jurisdiction, and wherein the digital asset-based interaction computing entity stores system digital assets to back real-time borderless digital asset-based interactions, wherein a borderless digital asset-based interaction involves the computing entity providing an amount of digital assets to a foreign computing entity of the foreign jurisdiction accepting an amount of desired assets;

determining, by the digital asset-based interaction computing entity, one or more foreign assets associated with the foreign jurisdiction;

determining, by the digital asset-based interaction computing entity, whether a first digital asset stored by the computing entity is recognized by a foreign exchange within the foreign jurisdiction; and

when the first digital asset is recognized by the foreign exchange within the foreign jurisdiction:

dynamically updating, by the digital asset-based interaction computing entity, a digital asset balance in terms of the first digital asset of the digital asset-based interaction interface to an updated digital asset balance in terms of the one or more foreign assets; and

when the first digital asset is not recognized by the foreign exchange within the foreign jurisdiction:

determining, by the digital asset-based interaction computing entity, a first digital asset to universal digital asset exchange rate between the first digital asset and a universal digital asset;

determining, by the digital asset-based interaction computing entity, one or more exchange rates between the one or more foreign assets and the universal digital asset;

determining, by the digital asset-based interaction computing entity, one or more exchange rates between the one or more foreign assets and the first digital asset and the digital asset balance in terms of the one or more foreign assets based on the first digital asset to universal digital asset exchange rate, the one or more exchange rates between the one or more foreign assets and the universal digital asset, and an amount of the first digital asset; and

providing, by the digital asset-based interaction computing entity, one or more of: the first digital asset to universal digital asset exchange rate, the digital asset balance in terms of the universal digital asset, the one or more exchange rates between the one or more foreign assets and the universal digital asset, the one or more exchange rates between the one or more foreign assets and the first digital asset, and the digital asset balance in terms of the one or more foreign assets to the computing entity via the digital asset-based interaction interface.

2 . The method of claim 1 , wherein the detecting the presence of the computing entity within the foreign jurisdiction comprises one or more of:

determining, by the digital asset-based interaction computing entity, that the computing entity is located within the foreign jurisdiction;

detection, by the digital asset-based interaction computing entity, of an initiation of a digital asset-based interaction within the foreign jurisdiction involving the computing entity;

obtaining, by the digital asset-based interaction computing entity, a computing entity request to update the digital asset balance;

interpreting, by the digital asset-based interaction computing entity, a computing entity preference;

interpreting, by the digital asset-based interaction computing entity, a default setting of one or more of the computing entity and the digital asset-based interaction computing entity;

recognizing, by the digital asset-based interaction computing entity, a time interval; and

recognizing, by the digital asset-based interaction computing entity, use of the digital asset-based interaction interface by the computing entity within the foreign jurisdiction.

3 . The method of claim 2 , wherein the digital asset-based interaction involves the computing entity providing the first digital asset and a second computing entity associated with the foreign jurisdiction accepting the one or more foreign assets.

4 . The method of claim 1 , wherein the determining the first digital asset to universal digital asset exchange rate comprises:

connecting, by the digital asset-based interaction computing entity, to a first digital asset exchange entity associated with the first jurisdiction, wherein the first digital asset exchange entity provides the first digital asset to universal digital asset exchange rate.

5 . The method of claim 1 , wherein the determining the one or more exchange rates between the one or more foreign assets and the universal digital asset comprises:

connecting, by the digital asset-based interaction computing entity, to a second digital asset exchange entity associated with the foreign jurisdiction, wherein the second digital asset exchange entity provides the one or more exchange rates between the one or more foreign assets and the universal digital asset.

6 . The method of claim 1 , wherein the dynamically updating the digital asset balance in terms of the first digital asset to the updated digital asset balance in terms of the one or more foreign assets comprises:

determining, by the digital asset-based interaction computing entity, the one or more exchange rates between the one or more foreign assets and the first digital asset;

determining, by the digital asset-based interaction computing entity, the updated digital asset balance in terms of the one or more foreign assets based on the one or more exchange rates between the one or more foreign assets and the first digital asset and the amount of the first digital asset; and

providing, by the digital asset-based interaction computing entity, one or more of: the one or more exchange rates between the one or more foreign assets and the first digital asset and the digital asset balance in terms of the one or more foreign assets to the computing entity via the digital asset-based interaction interface.

7 . The method of claim 6 , wherein the determining the one or more exchange rates between the one or more foreign assets and the first digital asset comprises:

connecting, by the digital asset-based interaction computing entity, to a second digital asset exchange entity associated with the foreign jurisdiction, wherein the second digital asset exchange entity provides the one or more exchange rates between the one or more foreign assets and the first digital asset.

8 . The method of claim 1 , wherein the first digital asset is a cryptocurrency, and wherein a foreign asset of the one or more foreign assets is a fiat currency associated with the foreign jurisdiction.

9 . A borderless digital asset-based interaction system comprises:

a computing entity associated with a first jurisdiction, wherein the computing entity is operable to store a first digital asset associated with the first jurisdiction;

a plurality of digital asset exchange entities, wherein a first digital asset exchange entity of the plurality of digital asset exchange entities is associated with the first jurisdiction, and wherein a second digital asset exchange entity of the plurality of digital asset exchange entities is associated with a foreign jurisdiction; and

a digital asset-based interaction computing entity associated with the computing entity via a digital asset-based interaction interface of the computing entity, wherein the digital asset-based interaction computing entity is operable to:

store system digital assets to back real-time borderless digital asset-based interactions, wherein a borderless digital asset-based interaction involves the computing entity providing an amount of digital assets to a foreign computing entity of the foreign jurisdiction accepting an amount of desired assets;

detect presence of the computing entity within the foreign jurisdiction;

determine one or more foreign assets associated with the foreign jurisdiction;

determine whether the first digital asset is recognized by a foreign exchange within the foreign jurisdiction; and

when the first digital asset is recognized by the foreign exchange within the foreign jurisdiction:

dynamically update a digital asset balance in terms of the first digital asset to an updated digital asset balance in terms of the one or more foreign assets; and

when the first digital asset is not recognized by the foreign exchange within the foreign jurisdiction:

connect to the first digital asset exchange entity to determine a first digital asset to universal digital asset exchange rate between the first digital asset and a universal digital asset;

connect to the second digital asset exchange entity to determine one or more exchange rates between the one or more foreign assets and the universal digital asset;

determine one or more exchange rates between the one or more foreign assets and the first digital asset and the digital asset balance in terms of the one or more foreign assets based on the first digital asset to universal digital asset exchange rate, the one or more exchange rates between the one or more foreign assets and the universal digital asset, and an amount of the first digital asset; and

provide one or more of: the first digital asset to universal digital asset exchange rate, the digital asset balance in terms of the universal digital asset, the one or more exchange rates between the one or more foreign assets and the universal digital asset, one or more exchange rates between the one or more foreign assets and the first digital asset, and the digital asset balance in terms of the one or more foreign assets to the computing entity via the digital asset-based interaction interface.

10 . The borderless digital asset-based interaction system of claim 9 , wherein the digital asset-based interaction computing entity is operable to dynamically update the digital asset balance to the updated digital asset balance in terms of the one or more foreign assets by:

connecting to the second digital asset exchange entity to determine the one or more exchange rates between the one or more foreign assets and the first digital asset;

determining the digital asset balance in terms of the one or more foreign assets based on the one or more exchange rates between the one or more foreign assets and the first digital asset and the amount of the first digital asset; and

providing one or more of: the one or more exchange rates between the one or more foreign assets and the first digital asset and the updated digital asset balance in terms of the one or more foreign assets to the computing entity via the digital asset-based interaction interface.

11 . The borderless digital asset-based interaction system of claim 9 , wherein the digital asset-based interaction computing entity is operable to detect the presence of the computing entity within the foreign jurisdiction by one or more of:

determining that the computing entity is located within the foreign jurisdiction;

detecting an initiation of a digital asset-based interaction within the foreign jurisdiction involving the computing entity;

obtaining a computing entity request to update the digital asset balance;

interpreting a computing entity preference;

interpreting a default setting of one or more of the computing entity and the digital asset-based interaction computing entity;

recognizing a time interval; and

recognizing use of the digital asset-based interaction interface by the computing entity within the foreign jurisdiction.

12 . The borderless digital asset-based interaction system of claim 11 , wherein the digital asset-based interaction involves the computing entity providing the first digital asset and a second computing entity associated with the foreign jurisdiction accepting the one or more foreign assets.

13 . The borderless digital asset-based interaction system of claim 9 , wherein the first digital asset is a cryptocurrency, and wherein a foreign asset of the one or more foreign assets is a fiat currency associated with the foreign jurisdiction.

14 . A non-transitory computer readable memory comprises:

a first memory element that stores operational instructions that, when executed by a digital asset-based interaction computing entity of a borderless digital asset-based interaction system, causes the digital asset-based interaction computing entity to:

store system digital assets to back real-time borderless digital asset-based interactions, wherein a borderless digital asset-based interaction involves a computing entity of the borderless digital asset-based interaction system providing an amount of digital assets to a foreign computing entity of the foreign jurisdiction accepting an amount of desired assets;

detect presence of the computing entity within a foreign jurisdiction, wherein the digital asset-based interaction computing entity is associated with the computing entity via a digital asset-based interaction interface of the computing entity, and wherein the computing entity is associated with a first jurisdiction;

determine one or more foreign assets associated with the foreign jurisdiction;

determine whether a first digital asset stored by the computing entity is recognized by a foreign exchange within the foreign jurisdiction; and

when the first digital asset is recognized by the foreign exchange within the foreign jurisdiction:

dynamically update a digital asset balance of the digital asset-based interaction interface to an updated digital asset balance in terms of the one or more foreign assets; and

a second memory element that stores operational instructions that, when executed by the digital asset-based interaction computing entity, causes the digital asset-based interaction computing entity to:

when the first digital asset is not recognized by the foreign exchange within the foreign jurisdiction:

determine a first digital asset to universal digital asset exchange rate between the first digital asset and a universal digital asset;

determine one or more exchange rates between the one or more foreign assets and the universal digital asset;

determine one or more exchange rates between the one or more foreign assets and the first digital asset and the digital asset balance in terms of the one or more foreign assets based on the first digital asset to universal digital asset exchange rate, the one or more exchange rates between the one or more foreign assets and the universal digital asset, and an amount of the first digital asset; and

provide one or more of: the first digital asset to universal digital asset exchange rate, the digital asset balance in terms of the universal digital asset, the one or more exchange rates between the one or more foreign assets and the universal digital asset, the one or more exchange rates between the one or more foreign assets and the first digital asset, and the digital asset balance in terms of the one or more foreign assets to the computing entity via the digital asset-based interaction interface.

15 . The non-transitory computer readable memory of claim 14 , wherein the first memory element further stores operational instructions that, when executed by the digital asset-based interaction computing entity, causes the digital asset-based interaction computing entity to determine to detect the presence of the computing entity within the foreign jurisdiction by one or more of:

determining that the computing entity is located within the foreign jurisdiction;

detection of an initiation of a digital asset-based interaction within the foreign jurisdiction involving the computing entity;

obtaining a computing entity request to update the digital asset balance;

interpreting a computing entity preference;

interpreting a default setting of one or more of the computing entity and the digital asset-based interaction computing entity;

recognizing a time interval; and

recognizing use of the digital asset-based interaction interface by the computing entity within the foreign jurisdiction.

16 . The non-transitory computer readable memory of claim 15 , wherein the digital asset-based interaction involves the computing entity providing the first digital asset and a second computing entity associated with the foreign jurisdiction accepting the one or more foreign assets.

17 . The non-transitory computer readable memory of claim 14 , wherein the second memory element further stores operational instructions that, when executed by the digital asset-based interaction computing entity, causes the digital asset-based interaction computing entity to determine the first digital asset to universal digital asset exchange rate by:

connecting to a first digital asset exchange entity associated with the first jurisdiction, wherein the first digital asset exchange entity provides the first digital asset to universal digital asset exchange rate.

18 . The non-transitory computer readable memory of claim 14 , wherein the second memory element further stores operational instructions that, when executed by the digital asset-based interaction computing entity, causes the digital asset-based interaction computing entity to determine the one or more exchange rates between the one or more foreign assets and the universal digital asset by:

connecting to a second digital asset exchange entity associated with the foreign jurisdiction, wherein the second digital asset exchange entity provides the one or more exchange rates between the one or more foreign assets and the universal digital asset.

19 . The non-transitory computer readable memory of claim 14 , wherein the second memory element further stores operational instructions that, when executed by the digital asset-based interaction computing entity, causes the digital asset-based interaction computing entity to dynamically update the digital asset balance in terms of the first digital asset to the updated digital asset balance in terms of the one or more foreign assets by:

determining the one or more exchange rates between the one or more foreign assets and the first digital asset;

determine the updated digital asset balance in terms of the one or more foreign assets based on the one or more exchange rates between the one or more foreign assets and the first digital asset and the amount of the first digital asset; and

provide one or more of: the one or more exchange rates between the one or more foreign assets and the first digital asset and the digital asset balance in terms of the one or more foreign assets to the computing entity via the digital asset-based interaction interface.

20 . The non-transitory computer readable memory of claim 19 , wherein the second memory element further stores operational instructions that, when executed by the digital asset-based interaction computing entity, causes the digital asset-based interaction computing entity to determine the one or more exchange rates between the one or more foreign assets and the first digital asset by:

connecting to a second digital asset exchange entity associated with the foreign jurisdiction, wherein the second digital asset exchange entity provides the one or more exchange rates between the one or more foreign assets and the first digital asset.

21 . The non-transitory computer readable memory of claim 14 , wherein the first digital asset is a cryptocurrency, and wherein a foreign asset of the one or more foreign assets is a fiat currency associated with the foreign jurisdiction.

Assignments (2)

Continuity (2)

References Cited (15)