MUMBAI, India, June 24 -- Intellectual Property India has published a patent application (202617060945 A) filed by Arculus Holdings, LLC on May 13, 2026, for Systems, Methods, And Devices For Conducting Fiat Currency And Cryptocurrency Transactions.
Inventor includes Lowe, Adam.
The application for the patent was published on June 12, 2026, under issue no. 24/2026.
Abstract: A transaction system for conducting a cryptocurrency transaction includes a hardware storage device, a cryptocurrency transaction processing device, and a fiat currency transaction system for processing a fiat currency transaction. The hardware storage device has a secure element digital memory module embodying instructions readable by a secure element processor for causing a secure element to store a private key in encrypted state in the digital memory, generate a public key using the private key, and to perform a signature operation. The fiat currency transaction system has an interface configured for processing the fiat currency transaction in accordance with a smart contract comprising machine-readable instructions stored in a computer memory accessible by the fiat currency transaction system for causing a processor associated with the smart contract to interface with the cryptocurrency transaction processing device to process a cryptocurrency transaction sufficient to satisfy the fiat transaction.
Disclaimer: Curated by HT Syndication.
