Device supporting financial services, and integrated system therefor

This invention describes an integrated system for providing financial services, particularly decentralized finance (DeFi), through an online platform. Users interact with the platform via terminals like computers or mobile devices, which connect to a central server. The system authenticates users and processes transactions using blockchain technology, with an optional kiosk for additional input and output.

Why it matters: The accuracy and accessibility of machine learning for identity verification, as mentioned in the abstract, have significantly improved since 2021. Additionally, the regulatory landscape for decentralized finance has become more defined, potentially offering clearer pathways for implementation.

Status: Under examinationA pending application. It has not been granted, and it has not been abandoned.
How hard to build: SpecializedHeavy software system, blockchain integration, custom hardware

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