CPC G06Q 20/401 (2013.01) [G06Q 20/20 (2013.01); G06Q 20/341 (2013.01); G06Q 20/3825 (2013.01); H04L 9/3213 (2013.01); H04L 9/3247 (2013.01); G06Q 2220/00 (2013.01)] | 14 Claims |
1. A method for transferring digital tokens to and from a physical payment card, the method comprising:
receiving, on a processing server, a plurality of digital tokens issued from a central bank;
transferring, from the processing server, the plurality of digital tokens to the physical payment card, the physical payment card configured to be used with a point of sale (POS);
subsequent to transferring the plurality of digital tokens to the physical payment card, communicating, by the processing server, with a blockchain network that stores token profiles associated with the plurality of digital tokens issued from the central bank; and
recording, by the processing server, in the blockchain network, each transfer of a digital token to and from the processing server.
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