IP Library Patent Application 17629060
Patent Application
App. No. 17/629,060

METHOD FOR TRADING CRYPTOCURRENCIES

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Quick Facts
Patent No.
US None
App. No.
17/629,060
Abstract

A method for trading cryptocurrencies in a vehicle involves providing the vehicle with a control module for trading in the cryptocurrencies. The control module checks each desired trading action based on stored and/or retrieved information relating to local legal provisions. Only legally compliant trading actions are permitted.

Claims (20)

1 - 10 . (canceled)

11 . A method for trading cryptocurrencies in a vehicle, the method comprising:

receiving, via an input/output interface of the vehicle, a request to trade a cryptocurrency;

checking, by a control module of the vehicle based stored or retrieved information relating to local legal provisions for trading cryptocurrencies, whether the request to trade the cryptocurrency complies with the local legal provisions for a current location of the vehicle,

wherein the request to trade is transmitted over an internet connection only when the request to trade the cryptocurrency complies with the local legal provisions for a current location of the vehicle

12 . The method of claim 11 , further comprising:

retrieving, via a communication unit of the vehicle, the local legal provisions for the current location of the vehicle from a back-end server.

13 . The method of claim 12 , the retrieved local legal provisions are stored and are updated responsive to changes in the local legal provisions or when the vehicle crosses a border between countries.

14 . The method of claim 11 , wherein the local legal provisions are preset and stored according to a destination country in which the vehicle is delivered.

15 . The method of claim 14 , further comprising:

determining that the vehicle is crossing a border from the destination country to another country;

retrieving locally applicable legal provisions for the another country; and

replacing the preset local legal provisions with the retrieved locally applicable legal provisions for the another country.

16 . The method of claim 11 , wherein the communication unit encrypts communications that cannot be read by a user of the vehicle.

17 . The method of claim 14 , wherein the local legal provisions are stored in an encrypted form that cannot be read by a user of the vehicle.

18 . The method of claim 11 , wherein a user of the vehicle is informed of trade that is rejected for not complying with the local legal provisions for a current location of the vehicle.

19 . The method of claim 18 , wherein, responsive to the trade being rejected for not complying with local legal provisions, the method further comprising:

determining that the trade complies with local legal provisions for a country neighboring the country in which the vehicle is located; and

outputting a route to the country neighboring the country in which the vehicle is located.

20 . The method of claim 11 , wherein, for a user requesting the trade, the user's trading actions are managed in a personalized manner on a back-end server, wherein the user is informed regarding legal changes to the user's trading actions.

Assignments (2)
CHANGE OF NAME Recorded Jul 29, 2025
From: DAIMLER AG
To: MERCEDES BENZ GROUP AG
Reel/Frame 072886/0467 →
ASSIGNMENT OF ASSIGNOR'S INTEREST Recorded Apr 15, 2022
From: FRIESEN, VIKTOR; KOLLER, MICHA; REHBORN, HUBERT
To: DAIMLER AG
Reel/Frame 059608/0007 →