US Patent Issued to AMERICAN EXPRESS TRAVEL RELATED SERVICES on April 22 for "Funding central bank digital currency (CBDC) wallet accounts" (American, Australian Inventors)

ALEXANDRIA, Va., June 6 -- United States Patent no. 12,282,957, issued on April 22, was assigned to AMERICAN EXPRESS TRAVEL RELATED SERVICES COMPANY INC. (New York).

"Funding central bank digital currency (CBDC) wallet accounts" was invented by Lucky A. Bimolaksono (Hurlstone Park, Australia) and Matthew S. Bodell (New York).

According to the abstract* released by the U.S. Patent & Trademark Office: "Disclosed are various embodiments for funding central bank digital currency (CBDC) accounts by converting funds (e.g., fiat money, representative money, account currency, etc.) into CBDC. A request to fund a central bank digital currency (CBDC) wallet associated with a CBDC wallet address is received. The associated funds can be verified and,...