US 12,437,300 B2
System, method, and computer-accessible medium for geo-fenced zones
Abdelkader Benkreira, Washington, DC (US); Michael Mossoba, Arlington, VA (US); and William Carroll, Huntingtown, MD (US)
Assigned to CAPITAL ONE SERVICES, LLC, McLean, VA (US)
Filed by Capital One Services, LLC, McLean, VA (US)
Filed on Dec. 5, 2023, as Appl. No. 18/528,870.
Application 18/528,870 is a continuation of application No. 16/990,220, filed on Aug. 11, 2020, granted, now 11,880,843.
Prior Publication US 2024/0242222 A1, Jul. 18, 2024
Int. Cl. G06Q 20/40 (2012.01); G06F 16/23 (2019.01); G06Q 20/06 (2012.01); G06Q 20/22 (2012.01); G06Q 20/24 (2012.01); G06Q 20/32 (2012.01); G06Q 20/36 (2012.01); G06Q 30/018 (2023.01); G06N 3/04 (2023.01)
CPC G06Q 20/40155 (2020.05) [G06F 16/2379 (2019.01); G06Q 20/0655 (2013.01); G06Q 20/24 (2013.01); G06Q 20/29 (2013.01); G06Q 20/3224 (2013.01); G06Q 20/3676 (2013.01); G06Q 30/0185 (2013.01); G06N 3/04 (2013.01); G06Q 2220/00 (2013.01)] 19 Claims
OG exemplary drawing
 
1. A method, comprising:
receiving, by a processor, a first location of a user device associated with a user and first time information associated with the user device;
receiving, by the processor, a second location of the user device and second time information associated with the user device;
dynamically defining a geo-fenced area by applying a machine learning boundary definition model to the first location and the second location;
generating an open payment channel for a cryptocurrency on a blockchain of a lightning network between the user device and the processor, based upon the user device entering the geo-fenced area;
generating a plurality of cryptocurrency transactions without modifying the blockchain based on the defined geo-fenced area; and
recording, upon the user device exiting the defined geo-fenced area, a single transaction on the blockchain for the cryptocurrency based on the plurality of generated cryptocurrency transactions.