| CPC G06Q 20/3678 (2013.01) [G06Q 20/0658 (2013.01); G06Q 20/3672 (2013.01); G06Q 20/405 (2013.01)] | 17 Claims |
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1. A method, comprising:
receiving, by a node of a first distributed ledger technology (DLT) network of a first type, a first message including a smart contract;
executing, by the node of the first DLT network, the smart contract;
detecting, by the node of the first DLT network and via the smart contract, a transaction request to transfer a digital currency from the first DLT network to a second DLT network of a second type;
receiving, by the node of the first DLT network, a second message from an exchange node indicating that the digital currency is to be destroyed;
in response to receiving the second message, destroying, by the node of the first DLT network, the digital currency;
creating, by the node of the first DLT network and based on a unit of fiat currency, a second digital currency of a second type on the second DLT network; and
transferring, by the node of the first DLT network, the digital currency from the first DLT network to the second DLT network via the exchange node;
wherein the exchange node is separate from the first DLT network and the second DLT network.
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