ALEXANDRIA, Va., June 16 -- United States Patent no. 12,657,601, issued on June 16, was assigned to AMERICAN EXPRESS TRAVEL RELATED SERVICES COMPANY INC. (New York).
"Method of real-time loyalty rewards redemption" was invented by Edson Mancilla (Los Angeles).
According to the abstract* released by the U.S. Patent & Trademark Office: "Disclosed herein are method, computer program product, and system embodiments for real-time loyalty rewards redemption. A user may earn rewards in a rewards system that have an equivalent value to a digital asset such as a cryptocurrency asset (e.g., Bitcoin, Ethereum, etc.), crypto tokens (e.g., ERC-20, Dogecoin, etc.), and/or the like. A user device (e.g., mobile device, smart device, etc.) may request to ...