US Patent Issued to Quan on Jan. 13 for "Integrated event management and peer-to-peer financial platform" (California Inventors)

ALEXANDRIA, Va., Jan. 13 -- United States Patent no. 12,524,750, issued on Jan. 13, was assigned to Quan LLC (Fair Oaks, Calif.).

"Integrated event management and peer-to-peer financial platform" was invented by Joshua Sellers (Fair Oaks, Calif.) and Nathan M. Sellers (Fair Oaks, Calif.).

According to the abstract* released by the U.S. Patent & Trademark Office: "Systems and methods of event-based payment allocation are disclosed. An assigned primary user creates an event and designates participant users who are participants in the event. The primary user may also set parameters for the event, such as event cost, repayment terms, number of participants, and event duration. A payment request is transmitted to each participant user based at...