Patents by Inventor Thomas HELLDORFF

Thomas HELLDORFF 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).

  • SYSTEMS AND METHODS FOR EXECUTING ELECTRONIC TRANSACTIONS AND TOKENIZATIONS WITH DISTRIBUTED SETTLEMENT PLATFORM
    Publication number: 20230222495
    Abstract: Systems and methods for executing a distributed electronic transaction by a processing system are disclosed. One method includes receiving, by the processing system, a first transaction request from a first merchant system. The first transaction request may include a first exchange request and/or a distributed settlement agreement. The processing system may generate one or more tokens based on the first exchange request. The processing system may store a transaction amount based on the first exchange request in an exchange database. The processing system may transmit the one or more tokens to the first merchant system. The processing system may transmit one or more tokens based on the payment request to one or more second merchant systems.
    Type: Application
    Filed: March 8, 2023
    Publication date: July 13, 2023
    Inventors: Danny K. RUSSELL, Thomas HELLDORFF
  • Systems and methods for executing electronic transactions and tokenizations with distributed settlement platform
    Patent number: 11625712
    Abstract: Systems and methods for executing a distributed electronic transaction by a processing system are disclosed. One method includes receiving, by the processing system, a first transaction request from a first merchant system. The first transaction request may include a first exchange request and/or a distributed settlement agreement. The processing system may generate one or more tokens based on the first exchange request. The processing system may store a transaction amount based on the first exchange request in an exchange database. The processing system may transmit the one or more tokens to the first merchant system. The processing system may transmit one or more tokens based on the payment request to one or more second merchant systems.
    Type: Grant
    Filed: February 10, 2021
    Date of Patent: April 11, 2023
    Assignee: Worldpay, LLC
    Inventors: Danny K. Russell, Thomas Helldorff
  • SYSTEMS AND METHODS FOR EXECUTING ELECTRONIC TRANSACTIONS AND TOKENIZATIONS WITH DISTRIBUTED SETTLEMENT PLATFORM
    Publication number: 20220253836
    Abstract: Systems and methods for executing a distributed electronic transaction by a processing system are disclosed. One method includes receiving, by the processing system, a first transaction request from a first merchant system. The first transaction request may include a first exchange request and/or a distributed settlement agreement. The processing system may generate one or more tokens based on the first exchange request. The processing system may store a transaction amount based on the first exchange request in an exchange database. The processing system may transmit the one or more tokens to the first merchant system. The processing system may transmit one or more tokens based on the payment request to one or more second merchant systems.
    Type: Application
    Filed: February 10, 2021
    Publication date: August 11, 2022
    Inventors: Danny K. RUSSELL, Thomas HELLDORFF