Patents by Inventor Benjamin Shen

Benjamin Shen has filed for patents to protect the following inventions. This listing includes patent applications that are pending as well as patents that have already been granted by the United States Patent and Trademark Office (USPTO).

  • Patent number: 12293351
    Abstract: Particular embodiments determine, at least in part by a computing device of a payment service, to associate a data object with a user account that is associated with a stored balance managed by the payment service. The computing device associates an amount of the data object with a distinct stored balance associated with the user account. The distinct stored balance is associated with a condition of use. The computing device monitors transaction data associated with users of the payment service. The computing device identifies, from the transaction data, a transaction associated with an identifier associated with the user account. Based on a determination that the transaction satisfies the condition of use, processing payment for the transaction using at least a portion of the distinct stored balance prior to using the stored balance.
    Type: Grant
    Filed: March 2, 2022
    Date of Patent: May 6, 2025
    Assignee: Block, Inc.
    Inventors: Michael Duane, Matthew Hickman, Steven Austin, Benjamin Shen
  • Publication number: 20240119449
    Abstract: A computer-implemented method including maintaining information about digital assets in relation to a first wallet account; generating, using a machine learning model, a reward configuration to be associated with a user account, the model trained based at least in part on transaction activity associated with the user account; processing a payment for a point-of-sale (POS) transaction using a payment instrument associated with the user account; determining, based on an amount of the payment and the reward configuration, an amount of the digital assets to be distributed to the user account wherein the amount of the digital assets is based on a value of the digital assets at a time of the POS transaction; and updating, after the POS transaction, an internal ledger maintained by the payment service and associated with the first wallet account to assign the digital assets to a second wallet account associated with the user account.
    Type: Application
    Filed: October 26, 2023
    Publication date: April 11, 2024
    Inventors: OWEN JENNINGS, MICHAEL DUANE, REBECCA CORCILLO, BENJAMIN SHEN
  • Patent number: 11842345
    Abstract: A computer-implemented method including storing assets from an external entity in a first wallet of a payment service; training a machine-learning model using transaction data, user data, and/or rewards data; determining, using the machine-learning model, reward offers personalized for a user; activating a reward offer; receiving a request to process payment for a user's payment transaction; determining that a reward configuration is applicable; determining an amount of stored assets to assign to the user and assigning the assets to a second wallet of the user, wherein assigning the amount comprises: updating, using an internal ledger, the first wallet to indicate that a portion of the stored assets is owned by the user; and updating the second wallet to indicate ownership of the amount of the asset, wherein the updating of the first wallet and the second wallet is performed without accessing the external entity when updating.
    Type: Grant
    Filed: December 30, 2020
    Date of Patent: December 12, 2023
    Assignee: Block, Inc.
    Inventors: Benjamin Shen, Rebecca Corcillo, Michael Duane, Owen Jennings
  • Publication number: 20230141912
    Abstract: The present technology reduces external communication, server demand, network congestion, and processing power in facilitating the transfer of stored values. The technology as disclosed herein provides for users to transmit a stored value therebetween, allowing recipients to select how they would like to receive the stored value by means of one or more digital assets or other alternate values. The technology provides for a first user to transmit a stored value to one or more recipients. Upon receiving a selection as to how the recipients would like to receive the stored value, the present technology converts from the stored value as sent by the first user to the one or more alternate values as indicated by the recipients.
    Type: Application
    Filed: January 4, 2023
    Publication date: May 11, 2023
    Inventors: Dustin Moring, Brandon Jacoby, Benjamin Shen, Owen Jennings, Chun Wah Wu
  • Publication number: 20230045946
    Abstract: Particular embodiments determine, at least in part by a computing device of a payment service, to associate a data object with a user account that is associated with a stored balance managed by the payment service. The computing device associates an amount of the data object with a distinct stored balance associated with the user account. The distinct stored balance is associated with a condition of use. The computing device monitors transaction data associated with users of the payment service. The computing device identifies, from the transaction data, a transaction associated with an identifier associated with the user account. Based on a determination that the transaction satisfies the condition of use, processing payment for the transaction using at least a portion of the distinct stored balance prior to using the stored balance.
    Type: Application
    Filed: March 2, 2022
    Publication date: February 16, 2023
    Inventors: Michael Duane, Matthew Hickman, Steven Austin, Benjamin Shen
  • Patent number: 11526882
    Abstract: A computer-implemented method associated with a payment service provided by a payment server, comprising processing, by the payment server, a payment for a point-of-sale (POS) transaction using a payment instrument associated with a user account maintained in a data store of the payment server. The payment server determines a reward configuration stored in the user account, wherein the reward configuration includes settings to reward the user account with cryptocurrency assets and is based on historical transaction activity associated with the user account. The payment server calculates an amount of cryptocurrency assets according to the reward configuration, wherein the amount of the cryptocurrency assets is based on a value of the cryptocurrency at a time of the transaction. The payment server assigns the amount of cryptocurrency assets from a cryptocurrency wallet of the payment service to a cryptocurrency wallet of the user.
    Type: Grant
    Filed: December 30, 2020
    Date of Patent: December 13, 2022
    Assignee: Block, Inc.
    Inventors: Benjamin Shen, Rebecca Corcillo, Michael Duane, Owen Jennings
  • Publication number: 20220172194
    Abstract: A computer-implemented method associated with a payment service provided by a payment server, comprising processing, by the payment server, a payment for a point-of-sale (POS) transaction using a payment instrument associated with a user account maintained in a data store of the payment server. The payment server determines a reward configuration stored in the user account, wherein the reward configuration includes settings to reward the user account with cryptocurrency assets and is based on historical transaction activity associated with the user account. The payment server calculates an amount of cryptocurrency assets according to the reward configuration, wherein the amount of the cryptocurrency assets is based on a value of the cryptocurrency at a time of the transaction. The payment server assigns the amount of cryptocurrency assets from a cryptocurrency wallet of the payment service to a cryptocurrency wallet of the user.
    Type: Application
    Filed: December 30, 2020
    Publication date: June 2, 2022
    Inventors: Benjamin Shen, Rebecca Corcillo, Michael Duane, Owen Jennings
  • Publication number: 20220172200
    Abstract: An example computer-implemented method includes: receiving assets from an external entity for use with a payment service; receiving a request to process payment for a transaction associated with a user; determining that a reward configuration is associated with a user account of the user; determining, based on a characteristic of the transaction and the reward configuration, an amount of the assets to assign to the user in association with the transaction; and assigning the amount of the assets to a wallet of the user, wherein assigning the amount of the assets includes: updating, using an internal ledger, a wallet of the payment service to indicate that the amount of the assets is owned by the user; and updating the wallet of the user to indicate ownership of the amount of the assets, without accessing the external entity at the time of the updating.
    Type: Application
    Filed: December 30, 2020
    Publication date: June 2, 2022
    Inventors: Benjamin Shen, Rebecca Corcillo, Michael Duane, Owen Jennings
  • Publication number: 20220005020
    Abstract: The present technology reduces external communication, server demand, network congestion, and processing power in facilitating the transfer of stored values. The technology as disclosed herein provides for users to transmit a stored value therebetween, allowing recipients to select how they would like to receive the stored value by means of one or more digital assets or other alternate values. The technology provides for a first user to transmit a stored value to one or more recipients. Upon receiving a selection as to how the recipients would like to receive the stored value, the present technology converts from the stored value as sent by the first user to the one or more alternate values as indicated by the recipients.
    Type: Application
    Filed: July 6, 2020
    Publication date: January 6, 2022
    Inventors: Dustin Moring, Brandon Jacoby, Benjamin Shen, Owen Jennings, Chun Wah Wu
  • Patent number: 7628776
    Abstract: An infusion device includes a disc-shaped housing that is made from a biocompatible material. The housing contains a reservoir for holding a volume of infusion medium, such as a medication to be administered to the patient. The inlet structure is coupled in flow communication with the reservoir, to allow the reservoir to be filled or refilled. The housing has an outlet through which the infusion medium may be expelled.
    Type: Grant
    Filed: March 15, 2005
    Date of Patent: December 8, 2009
    Assignee: Medtronic MiniMed, Inc.
    Inventors: Scott R. Gibson, William A. Brandt, Benjamin Shen
  • Patent number: 7186236
    Abstract: An infusion device includes a disc-shaped housing that is made from a biocompatible material. The housing contains a reservoir for holding a volume of infusion medium, such as a medication to be administered to the patient. The inlet structure is coupled in flow communication with the reservoir, to allow the reservoir to be filled or re-filled. The housing has an outlet through which the infusion medium may be expelled.
    Type: Grant
    Filed: December 27, 2001
    Date of Patent: March 6, 2007
    Assignee: Medtronic Minimed, Inc.
    Inventors: Scott R. Gibson, William A. Brandt, Benjamin Shen
  • Publication number: 20050194265
    Abstract: The present invention provides a method for determining the concentration of an analyte in a test sample, comprising the following steps: (a) assembling an amperometric biosensor, which comprises at least an electrode system and an electric mediator for redox, and applying a predetermined potential to the electrode system; (b) applying a test sample to the biosensor and immediately gradually lowering the predetermined potential to a value unable to drive the electrochemical redox of the electric mediator; (c) after a sufficient reaction time, applying a second potential to the electrode system of the biosensor to drive the electrochemical redox of the electric mediator; and (d) measuring the electrochemical current of the electrode system and determining the concentration of the analyte.
    Type: Application
    Filed: March 1, 2005
    Publication date: September 8, 2005
    Applicant: Apex Biotechnology Corp.
    Inventors: Yueh-Hui Lin, Ying-Che Huang, Bin Huang, Benjamin Shen, Thomas Shen
  • Publication number: 20050159714
    Abstract: An infusion device includes a disc-shaped housing that is made from a biocompatible material. The housing contains a reservoir for holding a volume of infusion medium, such as a medication to be administered to the patient. The inlet structure is coupled in flow communication with the reservoir, to allow the reservoir to be filled or re-filled. The housing has an outlet through which the infusion medium may be expelled.
    Type: Application
    Filed: March 15, 2005
    Publication date: July 21, 2005
    Inventors: Scott Gibson, William Brandt, Benjamin Shen
  • Publication number: 20030050626
    Abstract: An infusion device includes a disc-shaped housing that is made from a biocompatible material. The housing contains a reservoir for holding a volume of infusion medium, such as a medication to be administered to the patient. The inlet structure is coupled in flow communication with the reservoir, to allow the reservoir to be filled or re-filled. The housing has an outlet through which the infusion medium may be expelled.
    Type: Application
    Filed: December 27, 2001
    Publication date: March 13, 2003
    Inventors: Scott R. Gibson, William A. Brandt, Benjamin Shen