Blockchain Payments: A New Global Standard
Powered by WSCG’s U.S. Patent: System and Method for Transferring Currency Using Blockchain (Valid through 2041)
A patented system for moving digital money across blockchain networks: faster, cheaper, and more secure than legacy payment rails.
In 2024, stablecoins alone transferred over $27 Trillion in volume, surpassing Visa and Mastercard combined in annual transaction volume. Blockchain networks, digital wallets and exchanges are now processing more money than legacy credit card networks, with adoption accelerating across both consumer and institutional markets.
WSCG’s U.S. Patent: “System and Method for Transferring Currency Using Blockchain” (12,118,613, valid through 2041) covers the system and method for transferring currency using blockchain delivering novel intellectual property (IP) around the secure wallet-to-wallet transmission, cybersecurity, transaction recording and storage of digital forms of money and currency, delivering IP for one of the largest financial shifts of this era: the global transition to blockchain payments.
This migration is more than a trend: it represents a global realignment of the financial system. Governments, corporations, banks, and consumers are seeking faster, cheaper, more transparent ways to send money, without the friction of outdated banking rails.
With stablecoins and blockchain-based payments poised to migrate trillions more onto blockchain rails in 2025 and beyond, WSCG holds a strategic IP position at the center of a multi-trillion dollar global market opportunity.
The global shift to blockchain payment systems is underway, and WSCG’s patent reaches into nearly every major use case of this new financial ecosystem:
Peer-to-Peer (P2P) Transfers
Consumers are increasingly using digital wallets to move money directly — challenging apps like traditional wire and ACH services. Blockchain enables faster, lower-cost P2P transfers with instant settlement.
Banking & Remittance Payments & Transfers
Banks and fintech platforms are adopting blockchain rails for real-time settlement, foreign exchange, and cross-border money movement. This improves speed and transparency while reducing costs compared to traditional SWIFT or correspondent banking systems.
Finance & Trading Settlements, Payments & Transfers
Institutional financial flows are rapidly moving onto blockchain, with stablecoins and tokenized fiat now used in securities settlement, collateral management, repo markets, and institutional DeFi. Blockchain-native finance is driving a generational shift in capital markets infrastructure.
Web & E-Commerce Payments & Transfers
Merchants around the world are starting to accept stablecoins and tokenized currencies for online payments. Blockchain-based payments offer instant settlement and eliminate the fees and delays associated with credit card processors and legacy gateways.
Retail & Point-of-Sale (POS) Payments & Transfers
In-store payments are shifting toward digital wallets using QR codes, NFC, and tokenized currencies. This enables consumers to pay directly from wallets — bypassing card networks and reducing merchant costs at the point of sale.
Government & Public Sector Payments & Transfers
Governments are adopting blockchain for disbursing payroll, social benefits, tax refunds, and aid — while preparing for the rollout of CBDC-based public payment systems. Blockchain offers transparency, auditability, and efficiency across public-sector programs.
Digital Exchange Settlements, Payments & Transfers
Crypto exchanges and stablecoin platforms are now moving more than $27 trillion annually — surpassing Visa and Mastercard. These volumes represent the backbone of global blockchain payments and trading activity, where WSCG’s patent applies across both wallet and exchange-based transactions.
Unlocking Global Payments and Transfers with Patented Blockchain IP
WSCG’s U.S. Patent: “System and Method for Transferring Currency Using Blockchain,” provides foundational intellectual property for one of the largest financial shifts of the digital era: the global transition to blockchain payments across consumers, corporations, trading exchanges, banks and government.