Integrated Retail Innovation: Cryptocurrency, Social Commerce, and One-Click Payments (DEAL 413)

This portfolio is generally related to a technique to manage in-store purchasing, on-line shopping using a one click payment and techniques to allow cryptocurrency payment using a social media platform. Various techniques are disclosed to monitor and facilitate enhanced user experience for in-store shopping experience and reduce infrastructure cost. First set of patents discloses an application for capturing a store URL by sending a request to access a store server. The store server sends an interactive interface to the browser on user device for identifying various products to be purchased using an API. The API allows purchase of products and secured payment. Second set of patents discloses a technique to enhance purchasing experience on multiple social networking sites by correlating a posting of a product database or catalogue from a posting entity. The system allows purchasing of a product using cryptocurrency within the social networking site and without transitioning the user to the posting entity site. The system has a product management engine which coordinates between various platforms and manages a user account and helps the user in cancelling a purchase. Also disclosed is a product delivery engine which coordinates various actions such as notifying the merchant, the delivery service etc. Third set of patents discloses a technique to establish a communication link between a user device and a merchant device by bringing the devices near to each other. The system allows the user device to make payment using a single function gesture which is a security measure to prevent an unauthorized transaction. Few techniques disclose a universal shopping cart across multiple sites which do not require a user to provide payment information to different sites or a browser and provides an interface for making payment for purchased products from different sites. The technology may be implemented in in-store shopping systems, social media cryptocurrency transactions, online shopping systems, universal shopping cart, universal shopping system, federated shopping system, etc.