Flexa Inc.

A method by a secure data conveyance device of a secure and trusted data communication includes obtaining first cryptocurrency from a user computing device via an on-chain transaction, obtaining an indication to initiate a conveyance between the user computing device and a target computing entity, determining to use at least a portion of the first cryptocurrency to execute the conveyance based on the indication, verifying the at least the portion of the first cryptocurrency via a blockchain consensus protocol associated with the on-chain transaction to produce at least a portion of a verified data object, converting the at least the portion of the verified data object into a desired format indicated by the target computing entity to produce converted data, and facilitating the conveyance between the user computing device and the target computing entity by providing the converted data to the target computing entity in an off-chain transaction.

A method includes obtaining, by a user computing device, a one-time use code from a merchant computing entity to initiate a data conveyance. The method further includes sending, by the user computing device, the one-time use code and a request to initiate the data conveyance. The method further includes translating, by the secure data conveyance device, the amount of the cryptocurrency to a substantially equivalent amount of the desired currency. The method further includes generating, by the trusted SVA device, an SVA representative of the substantially equivalent amount of the desired currency. The method further includes sending, by the secure data conveyance device, the one-time use code, the SVA, a merchant computing entity identifier (ID) associated with the merchant computing entity, and an expiration time frame to use the SVA to the user computing device. The method further includes verifying, by the merchant computing entity, the one-time use code.

A method includes initiating a reoccurring digital asset-based interaction between a first and second computing entity of a digital asset-based interaction system, providing, by the first computing entity, first computing entity information to the second computing entity, and storing, by the second computing entity, the first computing entity information. When the reoccurring digital asset-based interaction occurs, the method further includes sending, by the second computing entity, at least a portion of the first computing entity information and second computing entity information to a digital asset-based interaction computing entity, obtaining, by the digital asset-based interaction computing entity, the amount of the digital asset from the first computing entity, locking an amount of system digital asset to back the reoccurring digital asset-based interaction, and sending a confirmation to the second computing entity that the reoccurring digital asset-based interaction is successful.

A digital asset-based interaction computing entity includes a processing module operable to store system digital assets in a validation computing entity account associated with at least one validation computing entity node associated with an off-main ledger layer of a multi-layer digital asset distributed ledger technology network associated with a digital asset. The processing module is further operable to initiate an interaction involving the digital asset, lock an amount of system digital assets for the interaction, provide desired assets to a second computing entity of the interaction, connect to a plurality of consensus network computing entity nodes of an on-main ledger layer of the multi-layer digital asset distributed ledger 10 technology network to verify obtaining an amount digital asset from a first computing entity of the interaction, and when the plurality of consensus network computing entity nodes validate offloaded verification, the processing module unlocks the amount of the system digital assets.

A cryptocurrency acceptance network computing device includes a processing module operable to obtain a request to facilitate a cryptocurrency-based payment between a payor computing device and a payee computing device. The payor computing device uses a first cryptocurrency recognized by a first cryptocurrency exchange computing device, and the payee computing device accepts a desired currency recognized by a second cryptocurrency exchange computing device. The processing module is operable to place a hold on an amount of collateral cryptocurrency, determine whether the first cryptocurrency exchange computing device recognizes the desired currency or whether the second cryptocurrency exchange computing device recognizes the first cryptocurrency, and if either is not recognized, the processing module connects to the first cryptocurrency exchange computing device to exchange the first cryptocurrency to a universally accepted cryptocurrency, connects to the second cryptocurrency exchange computing device to exchange the universally accepted cryptocurrency to the desired currency.

A method includes initiating, by a payor computing device associated with a first jurisdiction, a payment of a desired amount to a payee computing device associated with a second jurisdiction. The method further includes receiving, by a cryptocurrency acceptance network computing device, a request to process the payment and placing a hold on collateral cryptocurrency. The method further includes sending, by the payor computing device, first cryptocurrency to the cryptocurrency acceptance network computing device, where the cryptocurrency acceptance network computing device sends the first cryptocurrency to a first cryptocurrency exchange device associated with the first jurisdiction to be converted to an amount of universally accepted cryptocurrency and sent to a second cryptocurrency exchange device associated with the second jurisdiction where the second cryptocurrency exchange device converts the amount of the universally accepted cryptocurrency to a desired currency and sends the amount of the desired currency to the payee computing device.

A first memory element that stores operational instructions that, when executed by a data interaction computing entity of a system digital asset-based data interaction system, causes the data interaction computing entity to: obtain first and second computing entity real-time information regarding a data interaction between a first and second computing entity, instruct a data interaction backing computing entity of the system digital asset-based data interaction system to lock an amount of system digital assets to back the data interaction, wherein one or more staking computing entities store system digital assets in a stake pool to back one or more data interactions, and when the data interaction is successful: obtain a data interaction fee from one or more of the first and second computing entities, convert the data interaction fee to system digital assets; and provide the system digital assets to the stake pool.

A method includes obtaining, by a digital asset-based interaction computing entity, pre-authorization hold first computing entity information and pre-authorization hold second computing entity information regarding initiation of a pre-authorization hold digital asset-based interaction between a first and second computing entity. The pre-authorization hold first computing entity information includes an indication of a digital asset the first computing entity intends to use. The method further includes obtaining external data pertaining to the digital asset, analyzing one or more of: the external data, a pre-authorization hold time period, and a pre-authorization hold amount to determine a pre-authorization hold procedure. The method further includes locking an amount of system digital asset and an amount of the digital asset in accordance with the pre-authorization hold procedure and sending a confirmation to the second computing entity that the pre-authorization hold digital asset-based interaction is successful.

A method includes initiating, by a user computing device, a payment with a merchant computing device. The method further includes determining, by a network computing device, an amount of collateral tokens required to back the payment. The method further includes depositing, by the user computing device, the amount of the collateral tokens in a smart contract. The amount of collateral tokens is locked in the smart contract to back the payment. The method further includes sending, by the network computing device, an amount of a desired currency to the merchant computing device to complete the payment. The method further includes sending, by the merchant computing device, a fee to the network computing device for facilitating the payment. The method further includes converting, by the network computing device, the fee to collateral tokens, and depositing the collateral tokens in one or more smart contracts as rewards.

A digital asset-based interaction system includes a digital asset-based interaction computing entity that facilitates a digital asset based-interaction. The digital asset-based interaction involves a first computing entity providing digital assets and a second computing entity accepting assets in a desired asset format. The digital asset-based interaction system further includes at least one validation computing entity node associated with an off-main ledger layer of a multi-layer digital asset distributed ledger technology network associated with the digital assets. The at least one validation computing entity node verifies the obtaining the amount of the digital assets. The on-main ledger layer settles the offloaded verification of obtaining the amount of the digital assets. The digital asset-based interaction system further includes a digital asset backing computing entity operable to lock an amount of system digital assets in an account associated with the at least one validation computing entity node to back the offloaded verification.