US 11,810,111 B2
Method and system for transferring digital tokens to and from a physical card
Sarala Buradagunta, West Orange, NJ (US); Rakesh Yadav, Cape Elizabeth, ME (US); and Sébastien Le Callonnec, Greystones (IE)
Assigned to MASTERCARD INTERNATIONAL INCORPORATED, Purchase, NY (US)
Filed by MASTERCARD INTERNATIONAL INCORPORATED, Purchase, NY (US)
Filed on Mar. 19, 2021, as Appl. No. 17/206,802.
Claims priority of provisional application 62/992,842, filed on Mar. 20, 2020.
Prior Publication US 2021/0295331 A1, Sep. 23, 2021
Int. Cl. G06Q 20/40 (2012.01); G06Q 20/20 (2012.01); G06Q 20/34 (2012.01); G06Q 20/38 (2012.01); H04L 9/32 (2006.01); G06Q 20/02 (2012.01); G06Q 20/06 (2012.01); G06Q 20/10 (2012.01); G06Q 20/36 (2012.01); H04L 9/08 (2006.01); H04L 9/00 (2022.01)
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
OG exemplary drawing
 
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.