US 12,469,015 B2
Systems and methods for private network issuance of digital currency
Nikolai Stroke, Gilbert, CA (US); and Duc M. Trinh, Golden Valley, MN (US)
Assigned to Wells Fargo Bank, N.A., San Francisco, CA (US)
Filed by Wells Fargo Bank, N.A., San Francisco, CA (US)
Filed on Nov. 17, 2023, as Appl. No. 18/512,926.
Application 18/512,926 is a continuation of application No. 17/718,956, filed on Apr. 12, 2022, granted, now 11,836,690.
Prior Publication US 2024/0086876 A1, Mar. 14, 2024
This patent is subject to a terminal disclaimer.
Int. Cl. G06Q 20/06 (2012.01); G06Q 20/36 (2012.01); G06Q 20/38 (2012.01); G06Q 20/40 (2012.01)
CPC G06Q 20/0655 (2013.01) [G06Q 20/3674 (2013.01); G06Q 20/38215 (2013.01); G06Q 20/3829 (2013.01); G06Q 20/401 (2013.01); H04L 2209/56 (2013.01)] 20 Claims
OG exemplary drawing
 
1. A method of private network issuance of digital currency, comprising:
receiving, by at least one processing circuit, an issuance request corresponding with a first denomination of digital currency; and
issuing, by the at least one processing circuit, a first digital currency token, wherein issuing is an off-chain exchange transferring the first denomination outside a digital ledger, and wherein issuing comprises:
generating the first digital currency token comprising at least one metadata field based on a reallocation of at least one digital currency token of a plurality of digital currency tokens stored on the digital ledger, wherein reallocation comprises updating a token value of the at least one digital currency token on the digital ledger;
setting an issuance identifier associated with the issuance request in the at least one metadata field of the first digital currency token; and
transmitting, via a first private network, the first digital currency token to a digital wallet application.