FOREIGN CROSS-ISSUED TOKEN

摘要

Embodiments disclosed herein relate to systems, methods, and computer program products for a system for providing a multi-currency token. The system, method, and computer program product are configured to receive a request for a multi-currency token, wherein the multi-currency token is associated with at least two financial institution partners; determine a value of the multi-currency token; establish currency conversion parameters for the multi-currency token based on at least one of the value of the multi-currency token and a conversion rate between currencies associated with the at least two financial institution partners; determine that a transaction is being performed with the multi-currency token, the transaction associated with a local currency; and complete the transaction with the multi-currency token in the local currency when the local currency is a currency associated with at least one of the financial institution partners.

主权项

1. An apparatus for use in a token-based financial transaction system, whereby the apparatus provides a multi-currency token for purposes of conducting one or more financial transactions in a local currency, the apparatus comprising:
a memory; a computing processor; and a module stored in the memory, said module comprising code executable by one or more computing processors, and configured to cause the one or more computing processors to:
receive a request for a multi-currency token, wherein the multi-currency token is associated with a financial account from which funds are provided to pay for the financial transaction, wherein the multi-currency token is associated with at least two financial institution partners;determine a value of the multi-currency token, wherein the value is based on the funds from the financial account that are applied to the multi-currency token;establish currency conversion parameters for the multi-currency token based on at least one of the value of the multi-currency token and a conversion rate between currencies associated with the at least two financial institution partners;determine a plurality of currency amounts for the multi-currency token based on the value of the multi-currency token and the currency conversion parameters;determine that a transaction is being performed with the multi-currency token, the transaction associated with a local currency; andcomplete the transaction with the multi-currency token in the local currency when the local currency is one of the plurality of currency amounts associated with at least one of the financial institution partners.