Acquired a patent for a value exchange system that expands the interoperability of digital currencies and cryptographic assets

DeCurret Inc. (HQ: Chiyoda-ward, Tokyo Japan; President & CEO: Kazuhiro Tokita, hereinafter “DeCurret”) is pleased to announce that it has been granted a patent for "Value Exchange System, Program, Recording Medium and Control Method".

■Background

As the "Main Bank of Digital Currency", DeCurret is developing our crypto-asset and digital currency businesses with the aim of creating a new money infrastructure using digital currencies on the Internet. By creating a new money infrastructure on the Internet, we aim to create a society where digital currencies and cryptographic assets are fused together.

To realize a "digital currency platform," a mechanism to connect and to simply exchange all values, we have been actively developing and investing in blockchain technology and other technologies to support and develop our business, and this invention is a part of this effort.

■Overview

The purpose of this invention is to provide a value exchange system, program, recording medium, and control method that suitably utilizes cryptographic assets owned by a user. This invention will be used for the e-money recharge function of the DeCurret application provided by the company from August 2019, and enables recharging* from cryptographic assets to Rakuten Edy, nanaco, and au PAY prepaid cards.

※Electronic money can be recharged directly or exchanged for a Gift ID.

 The value exchange system refers to a system that manages the types of electronic value media held by each user and the amount of such media held. Although the application was filed in the wake of the e-money recharge service, this invention covers a wide range of digital assets, not just crypto assets.

 We will continue our development efforts with the aim of expanding utility by providing a "digital currency platform," a value exchange service that enhances the interoperability of digital currencies and cryptographic assets. And we will create a world of token economy where all values are connected.

【Features of the electronic money charge function】

1. Function to determine the conditions under which electronic money recharges (exchange of electronic value media) are performed

・Selecting the crypto asset(s) from which to exchange e-money charges

・Select the type of e-money to be exchanged from the crypto assets.

・Amount of e-money to be exchanged

2. Function to determine the exchange priority of the cryptographic assets to be exchanged

・Use the balances in the order according to the specified priority.

3. Value exchange function

・Actual exchange of crypto assets into electronic money

4. Utilizing the electronic value of fractions that are difficult to use

・Even if you have less than 1 yen worth of cryptographic assets in your DeCurret account that cannot be recharged to e-money, but have been salted in your account because it is difficult to withdraw or exchange, you can combine fractions of multiple cryptographic assets and exchange them.

【DeCurret】Report_on_the_Acquisition_of_a_Patent.pdf