CPC G06Q 30/0643 (2013.01) [G06Q 20/401 (2013.01); G06Q 30/0209 (2013.01); G06Q 30/0639 (2013.01); H04L 9/0643 (2013.01); H04W 4/029 (2018.02); H04L 9/50 (2022.05)] | 20 Claims |
1. A method of event-based distribution of a cryptographically secured digital asset, the method comprising:
receiving, from a computing device associated with a user, an indication that the computing device is located at a predetermined venue within a predetermined window of time;
receiving an indication that a conditional triggering event has occurred at the predetermined venue and during the predetermined window of time;
receiving, from the computing device, a unique owner identification (ID) code associated with the user;
transmitting a request to record a transfer of the cryptographically secured digital asset to the user on a distributed blockchain ledger, the request comprising both a unique digital asset ID code and the unique owner ID code;
wherein transmitting the request to record the transfer of the cryptographically secured digital asset on the distributed blockchain ledger occurs only after the indication is received that the conditional event has occurred;
receiving a digital transfer proposal with a request to transfer the cryptographically secured digital asset to an acquiring party;
determining a unique owner ID code of the acquiring party;
linking the cryptographically secured digital asset with the unique owner ID code of the acquiring party; and
transmitting the unique digital asset ID code and the unique owner ID code of the acquiring party to the distributed blockchain ledger for recordation on a new transaction block.
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