US 12,223,475 B2
Auto installments via smart contracts on blockchain
Dinesh Kumar Nayak, Berhampur (IN); and Krishna Kumari, Berhampur (IN)
Assigned to NCR Atleos Corporation, Atlanta, GA (US)
Filed by NCR Atleos Corporation, Atlanta, GA (US)
Filed on Nov. 30, 2022, as Appl. No. 18/071,841.
Prior Publication US 2024/0177125 A1, May 30, 2024
Int. Cl. G06Q 20/10 (2012.01); G06Q 20/22 (2012.01); G06Q 20/38 (2012.01); G06Q 20/40 (2012.01)
CPC G06Q 20/102 (2013.01) [G06Q 20/29 (2013.01); G06Q 20/3825 (2013.01); G06Q 20/389 (2013.01); G06Q 20/4014 (2013.01); G06Q 2220/00 (2013.01)] 20 Claims
OG exemplary drawing
 
1. A method, comprising:
receiving accounts of a user;
providing a secure token based on the receiving;
designating a first account of the accounts as a default account preferred by the user;
designating remaining accounts of the accounts as secondary accounts preferred by the user;
providing a first access token that identifies the default account;
providing a second access token that identifies the secondary accounts;
generating instructions for a smart contract with conditions that include the first access token and the second access token, wherein the smart contract when processed selectively transfers funds from the accounts to satisfy installment payments from the user to a creditor, wherein the installment payments are serviced through a provider;
and
instantiating the smart contract on a blockchain using the secure token for access by the provider using the first access token and the second access token to collect the installment payments from the user on behalf of the creditor.