公开(公告)号：US11989703B2

公开(公告)日：2024-05-21

申请号：US17391490

申请日：2021-08-02

Applicant: MASTERCARD INTERNATIONAL INCORPORATED

Inventor： Soumyajit Mitra ,  Jamal Khan ,  Oskar Duris ,  Sasyasri Geedipalli ,  Shashi Raghunandan

IPC: G06Q20/40 ,  G06F16/28 ,  G06Q20/04 ,  G06Q20/06 ,  G06Q20/22 ,  G06Q20/32 ,  G06Q20/34 ,  G06Q20/38 ,  G06Q50/00 ,  H04L29/06 ,  G06Q20/10 ,  G06Q20/36

CPC classification number: G06Q20/0655 ,  G06Q20/227 ,  G06Q20/3825 ,  G06Q20/3827 ,  G06Q20/3829

Abstract: A method for facilitating benefit disbursements through the use of tokens and blockchain includes: receiving beneficiary information from a first computing system, the beneficiary information including a beneficiary identifier; storing a blockchain data entry, the blockchain data entry including a disbursement token associated with the beneficiary information and a recipient value generated using a public key of a cryptographic key pair; receiving a redemption message from a second computing system, the redemption message including the disbursement token, a digital signature generated using a private key of the cryptographic key pair, transaction account data, and a redemption amount; validating the digital signature using the public key of the cryptographic key pair; and transmitting a transfer message to the first computing system, the transfer message including the transaction account data and the redemption amount.