Method and system for authentication of coupons via blockchain

Patent metadata

Field	Value
Publication number	US-10796329-B2
Application number	US-201615363110-A
Country	US
Kind code	B2
Filing date	Nov 29, 2016
Priority date	Nov 29, 2016
Publication date	Oct 6, 2020
Grant date	Oct 6, 2020

Abstract

A method for authentication of coupons using a blockchain includes: storing transaction data for a payment transaction, wherein the transaction data includes at least a transaction amount; receiving an identification value; receiving a block included in a blockchain, wherein the block includes at least a block header and a plurality of transaction values, each transaction value including at least a coupon identifier and coupon data; executing a query on the received block to identify a specific transaction value of the plurality of transaction values where the included coupon identifier corresponds to the received identification value; and executing a query on the memory to update at least the transaction amount included in the stored transaction data based on the coupon data included in the identified specific transaction value.

First claim

What is claimed is:

1. A method for authentication of coupons using a blockchain, comprising:
storing, in a memory of a point of sale device, transaction data for a payment transaction, wherein the transaction data includes at least a transaction amount;
receiving, by a receiver of the point of sale device, an identification value, wherein the identification value is a public key of a cryptographic key pair;
receiving, by the receiver of the point of sale device, a block included in a blockchain, wherein the block includes at least a block header and a plurality of transaction values, each transaction value including at least a coupon identifier and coupon data;
executing, by a processor of the point of sale device, a query on the received block to identify a specific transaction value of the plurality of transaction values where the included coupon identifier corresponds to the received identification value;
identifying, by the processor of the point of sale device, a private key of the cryptographic key pair;
verifying, by the processor of the point of sale device, the coupon identifier included in the identified specific transaction value using the identification value, wherein the coupon identifier is a digital signature generated using the private key corresponding to the identification value; and
executing, by the processor of the point of sale device, a query on the memory to update at least the transaction amount included in the stored transaction data based on the coupon data included in the identified specific transaction value.

2. The method of claim 1 , wherein the identification value is received from a payment instrument through at least one of: decoding of a magnetic strip, a near field communication transmission, and decoding of a displayed machine-readable code.

3. The method of claim 1 , wherein the identification value is received as input from an input device interfaced with the point of sale device.

4. The method of claim 1 , wherein
the identification value is a blockchain address, and
the coupon identifier included in the identified specific transaction value is the blockchain address.

5. The method of claim 1 , further comprising:
electronically transmitting, by a transmitter of the point of sale device, at least the stored transaction data including the updated transaction amount to an acquiring financial institution for processing of the payment transaction.

6. The method of claim 1 , further comprising:
electronically transmitting, by a transmitter of the point of sale device, a new transaction value to a blockchain node associated with the blockchain, wherein the new transaction value includes at least a reference to the coupon identifier included in the identified specific transaction value and is configured to invalidate the coupon data included in the identified specific transaction value.

7. The method of claim 6 , wherein
the new transaction value further includes a digital signature, and
the digital signature is received by the receiving device of the point of sale device from a payment instrument used to convey the identification value.

8. The method of claim 6 , wherein
the new transaction value further includes a blockchain address, and
the blockchain address is one of: a null address and an address associated with invalidated coupons.

9. The method of claim 6 , further comprising:
receiving, by the receiver of the processing server, a transaction notification, wherein
the transaction notification indicates approval of the payment transaction, and
the transaction notification is received prior to electronic transmission of the new transaction value.

10. A system for authentication of coupons using a blockchain, comprising:
a memory of a point of sale device storing transaction data for a payment transaction, wherein the transaction data includes at least a transaction amount;
a receiver of the point of sale device receiving
an identification value, wherein the identification value is a public key of a cryptographic key pair, and
a block included in a blockchain, wherein the block includes at least a block header and a plurality of transaction values, each transaction value including at least a coupon identifier and coupon data; and

a processor:
executing a query on the received block to identify a specific transaction value of the plurality of transaction values where the included coupon identifier corresponds to the received identification value,
identifying a private key of the cryptographic key pair;
verifying the coupon identifier included in the identified specific transaction value using the identification value, wherein the coupon identifier is a digital signature generated using the private key corresponding to the identification value, and
executing a query on the memory to update at least the transaction amount included in the stored transaction data based on the coupon data included in the identified specific transaction value.

11. The system of claim 10 , wherein the identification value is received from a payment instrument through at least one of: decoding of a magnetic strip, a near field communication transmission, and decoding of a displayed machine-readable code.

12. The system of claim 10 , wherein the identification value is received as input from an input device interfaced with the point of sale device.

13. The system of claim 10 , wherein
the identification value is a blockchain address, and
the coupon identifier included in the identified specific transaction value is the blockchain address.

14. The system of claim 10 , further comprising:
a transmitter of the point of sale device electronically transmitting at least the stored transaction data including the updated transaction amount to an acquiring financial institution for processing of the payment transaction.

15. The system of claim 10 , further comprising:
a transmitter of the point of sale device electronically transmitting a new transaction value to a blockchain node associated with the blockchain, wherein the new transaction value includes at least a reference to the coupon identifier included in the identified specific transaction value and is configured to invalidate the coupon data included in the identified specific transaction value.

16. The system of claim 15 , wherein
the new transaction value further includes a digital signature, and
the digital signature is received by the receiving device of the point of sale device from a payment instrument used to convey the identification value.

17. The system of claim 15 , wherein
the new transaction value further includes a blockchain address, and
the blockchain address is one of: a null address and an address associated with invalidated coupons.

18. The system of claim 15 , wherein
The receiver of the processing server further receives a transaction notification,
the transaction notification indicates approval of the payment transaction, and
the transaction notification is received prior to electronic transmission of the new transaction value.

Assignees

• Mastercard International Inc

Inventors

• Arora Ankur

Classifications

• G06Q20/3678

  e-cash details, e.g. blinded, divisible or detecting double spending · CPC title

• G06Q20/36

  using electronic wallets or electronic money safes · CPC title

• G06Q20/065

  using e-cash · CPC title

• G06Q20/389

  Keeping log of transactions for guaranteeing non-repudiation of a transaction · CPC title

• G06Q30/0207 Primary

  Discounts or incentives, e.g. coupons or rebates · CPC title