US 12,321,986 B2
Banking as a service enabled virtual exchange computing platform
Gilbert M. Gatchalian, Union, NJ (US); Jesse S. Newsom, III, Charlotte, NC (US); Kevin Tran, Plano, TX (US); Yogi Ahuja, Warwick, PA (US); and Kevin A. Delson, Woodland Hills, CA (US)
Assigned to Bank of America Corporation, Charlotte, NC (US)
Filed by Bank of America Corporation, Charlotte, NC (US)
Filed on May 16, 2023, as Appl. No. 18/198,105.
Application 18/198,105 is a continuation of application No. 17/401,501, filed on Aug. 13, 2021, granted, now 11,699,188.
Prior Publication US 2023/0306511 A1, Sep. 28, 2023
This patent is subject to a terminal disclaimer.
Int. Cl. G06Q 40/04 (2012.01); G06F 16/951 (2019.01); G06Q 20/10 (2012.01); G06Q 30/06 (2023.01); G06Q 30/0601 (2023.01)
CPC G06Q 40/04 (2013.01) [G06F 16/951 (2019.01); G06Q 20/108 (2013.01); G06Q 30/0641 (2013.01)] 20 Claims
OG exemplary drawing
 
1. An apparatus comprising:
at least one first processor; and
first memory storing computer-readable instructions that, when executed by the at least one first processor, cause the apparatus to:
receive, from a first user device, first inputs to an application causing actions within a virtual community, wherein the actions are performed by an avatar within the virtual community within a virtualized environment;
create, based on the actions of the avatar within the virtual community and via performance of specified in-world activities performed within the virtualized environment, a first electronic value token comprising a virtual currency unique to the virtual community, wherein the actions are performed via the first inputs to the application;
store, in a banking as a service (BaaS) enabled wallet via an online interface the first electronic value token;
receive, via a network, information corresponding to the first electronic value token, wherein the information comprises one or more of reputation, trustworthiness, and a perceived value of a product and/or service;
calculate, via a first application programming interface (API) function linking to BaaS functionality processed by a valuation computing platform and based on the information corresponding to the first electronic value token, a valuation of the first electronic value token; and
trigger, based on a received trade input from a user interface and via a second API function facilitating BaaS functionality and based on the valuation of the first electronic value token, creation of a second electronic value token via a virtual exchange of value involving the first electronic value token within a virtualized trading environment of the virtual community and between the BaaS enabled wallet and a second user account corresponding to a second BaaS enabled wallet associated with a second user device, wherein the virtual exchange of value comprises an exchange of the first electronic value token associated with the virtual environment and from the BaaS enabled wallet to the created second electronic value token associated with a second computing platform external to the virtual environment, and wherein the second electronic value token comprises a value useable outside the virtual community.