CPC G06Q 20/3829 (2013.01) [G06Q 20/341 (2013.01); G06Q 20/389 (2013.01); G06Q 2220/00 (2013.01)] | 20 Claims |
1. A method for activating an account-variable transaction card provided by a card issuer, the account-variable transaction card having a card memory with a private card key and a public card key, the method comprising:
receiving, by a processing system of the card issuer from a first account holder device via the network, a request for activation of the account-variable transaction card, the first account holder device being associated with a first account and the request including a first software signature and a first hardware signature;
decrypting, by the processing system, the first software signature using a private personal key associated with the first account and the first hardware signature using the first private card key;
associating, by the processing system, the account-variable transaction card with the first account;
associating, by the processing system, an account function with the account-variable transaction card; and
initiating, by the processing system, an account blockchain associated with the first account and the account-variable transaction card by transmitting blockchain information comprising the first software and hardware signatures to one or more nodes of a distributed computing network.
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