SYSTEMS, DEVICES, AND METHODS FOR THE DISTRIBUTION OF SHARED DIGITAL FUNDS

Abstract

Systems, devices, and methods of distributing shared digital funds are provided herein. The systems, devices, and methods enable the distribution of shared digital funds to multiple digital fund participants and/or mobile device users via contactless payment instruments. Each user and/or participant may have simultaneous, real-time access to a digital fund managed in a digital fund database stored in a remote server or a collection of remote servers. Further, each user and/or participant of a group may initiate one or more transactions on behalf of the group using one or more contactless payment instruments connected with one or more digital funds.

CPC Classifications