Log in
Enquire now
‌

US Patent 11488120 Methods and systems for the efficient transfer of entities on a blockchain

OverviewStructured DataIssuesContributors

Contents

Is a
Patent
Patent

Patent attributes

Patent Jurisdiction
United States Patent and Trademark Office
United States Patent and Trademark Office
Patent Number
11488120
Date of Patent
November 1, 2022
Patent Application Number
16079078
Date Filed
February 16, 2017
Patent Citations
‌
US Patent 10050779 Checkout and payment
Patent Primary Examiner
‌
Steven S Kim
CPC Code
‌
G06Q 20/223
‌
G06Q 20/389
‌
G06Q 30/08
‌
G06Q 40/04
‌
H04L 9/0643
‌
H04L 9/0825
‌
H04L 9/0861
‌
H04L 9/3247
...

The invention relates to blockchain technologies such as the Bitcoin ledger, and for the control and performance of secure, efficient exchanges conducted via the blockchain. It comprises tokenisation techniques and methods for embedding metadata in a blockchain transaction. It provides a computer implemented method for performing a transfer, the method comprising scanning entries in a distributed hash table (DHT) distributed across a first network, the DHT comprising a plurality of entries, each entry comprising an invitation to perform an exchange and a link to a transaction on a peer-to-peer (P2P) distributed ledger distributed across a second network, each invitation including metadata comprising an indication of entities to be exchanged and one or more conditions for the exchange; determining a match between a first set of metadata in a first invitation of a first entry from a first user and a second set of metadata in a second invitation of a second entry from a second user, the determining comprising: identifying a match between indications of entities to be exchanged in the first and second invitations; and identifying a match between one or more of the conditions of the first invitation and one or more of the conditions of the second invitation; generating a first exchange transaction; and broadcasting, over the second network, the first exchange transaction for inclusion on a P2P distributed ledger, wherein the first exchange transaction comprises: an indication of a first quantity of a cryptocurrency to be transferred; a first input provided from an output of a transaction on the P2P distributed ledger linked to the first entry; a first script, a first user private key associated with the first user, a first third-party private key associated with a first third-party, wherein the first script comprises: the first set of metadata, a first user public key associated with the first user, the first user public key being a cryptographic pair with the first user private key, and a first third-party public key pair associated with the first third-party, the first third-party public key being a cryptographic pair with the first third-party private key and a first output indicating a transfer of a first quantity of the first entity from the first user to the second user.

Timeline

No Timeline data yet.

Further Resources

Title
Author
Link
Type
Date
No Further Resources data yet.

References

Find more entities like US Patent 11488120 Methods and systems for the efficient transfer of entities on a blockchain

Use the Golden Query Tool to find similar entities by any field in the Knowledge Graph, including industry, location, and more.
Open Query Tool
Access by API
Golden Query Tool
Golden logo

Company

  • Home
  • Press & Media
  • Blog
  • Careers
  • WE'RE HIRING

Products

  • Knowledge Graph
  • Query Tool
  • Data Requests
  • Knowledge Storage
  • API
  • Pricing
  • Enterprise
  • ChatGPT Plugin

Legal

  • Terms of Service
  • Enterprise Terms of Service
  • Privacy Policy

Help

  • Help center
  • API Documentation
  • Contact Us
By using this site, you agree to our Terms of Service.