US 12,260,402 B2
Updating a set of public benefit assets secure token
Peter M. Shannon, III, Western Springs, IL (US); and Gary W. Grube, Barrington Hills, IL (US)
Assigned to Rebate Assets, LLC, Rockford, IL (US)
Filed by Rebate Assets, LLC, Rockford, IL (US)
Filed on Dec. 16, 2022, as Appl. No. 18/082,758.
Application 18/082,758 is a continuation in part of application No. 17/959,919, filed on Oct. 4, 2022, granted, now 12,124,552.
Application 17/959,919 is a continuation in part of application No. 17/842,146, filed on Jun. 16, 2022, granted, now 12,062,050.
Claims priority of provisional application 63/215,850, filed on Jun. 28, 2021.
Prior Publication US 2023/0124708 A1, Apr. 20, 2023
This patent is subject to a terminal disclaimer.
Int. Cl. G06Q 20/40 (2012.01); G06Q 20/38 (2012.01); G06Q 30/08 (2012.01); H04L 9/40 (2022.01)
CPC G06Q 20/389 (2013.01) [G06Q 20/3821 (2013.01); G06Q 20/3829 (2013.01); G06Q 30/08 (2013.01)] 6 Claims
OG exemplary drawing
 
1. A computer-implemented method, the method comprises:
generating, by a computing entity of a computing system, a set of fields of a secure first token to include:
a record of a first pending transaction, the record including identity of a transaction item, identity of a requesting computing entity, identity of the computing entity, and an authenticated value of the transaction item,
an indication of utilization of a set of selected public benefit credit assets for the first pending transaction associated with the transaction item, wherein a particular public benefit credit asset of the set of selected public benefit credit assets indicates assignment of a corresponding credit level from a corresponding payer identifier (ID) to a corresponding owner ID associated with the particular public benefit credit asset,
a first credit level value of the set of selected public benefit credit assets based on the identity of the transaction item,
an indication of assignment of the first credit level from a first payer identifier (ID) to a first owner ID associated with the set of selected public benefit credit assets, and
a set of smart contracts of the first pending transaction, wherein the set of smart contracts pertains to the set of selected public benefit credit assets for the first pending transaction, and wherein only a device possessing control over the secure first token may modify the secure first token;
determining, by the computing entity, identifiers of a selection of instant assets that qualify to be utilized to subsequently provide conversion of the set of selected public benefit credit assets to facilitate the first pending transaction;
generating, by the computing entity, an updated secure first token to represent the identifiers of the selection of the instant assets, wherein the updated secure first token includes an updated set of smart contracts of the first pending transaction based on the identifiers of the selection of the instant assets;
obtaining, by the computing entity, a copy of an object distributed ledger;
hashing, by the computing entity, the updated set of smart contracts utilizing a receiving public key of the object distributed ledger to produce a next transaction hash value;
encrypting, by the computing entity, the next transaction hash value utilizing a private key of the computing entity to produce a next transaction signature;
generating, by the computing entity, a next block of a blockchain of the object distributed ledger to include the updated set of smart contracts and the next transaction signature; and
causing, by the computing entity, inclusion of the next block as the updated secure first token in the object distributed ledger to facilitate the first pending transaction.