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US Patent 11971862 Processing transactions with idempotency in real-time ledgers

Patent 11971862 was granted and assigned to Lithic on April, 2024 by the United States Patent and Trademark Office.

OverviewStructured DataIssuesContributors

Contents

Is a
Patent
Patent
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Patent attributes

Patent Applicant
Lithic
Lithic
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Current Assignee
Lithic
Lithic
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Patent Jurisdiction
United States Patent and Trademark Office
United States Patent and Trademark Office
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Patent Number
119718620
Patent Inventor Names
Xiaojing Yang0
Yi Lun Han0
Ian Boynton0
Date of Patent
April 30, 2024
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Patent Application Number
179490120
Date Filed
September 20, 2022
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Patent Citations
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US Patent 7571142 Credit card system and method
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US Patent 7136835 Credit card system and method
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US Patent 7359880 System and method for consumer control over card-based transactions
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US Patent 7379919 Method and system for conducting secure payments over a computer network
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US Patent 7433845 Data structure, method and system for generating person-to-person, person-to-business, business-to-person, and business-to-business financial transactions
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US Patent 7567934 Credit card system and method
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US Patent 8676707 Credit cards system and method having additional features
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US Patent 8751381 Demand deposit account payment system
0
...
Patent Primary Examiner
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Tony Mahmoudi
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CPC Code
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G06Q 20/4093
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G06Q 20/3829
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G06Q 20/42
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G06F 16/18
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G06F 11/079
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G06F 11/1402
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G06Q 20/401
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G06Q 20/023
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Patent abstract

In one embodiment, a method includes receiving a first network event corresponding to a first transaction, the first network event being assigned a unique transaction group identifier, authorizing the first transaction based on a balance value of a ledger account recorded in an account ledger, recording a first update in the account ledger, comprising recording the unique transaction group identifier in association with the first update and the ledger account and modifying the balance value of the ledger account, receiving a second network event corresponding to a second transaction, determining that a unique transaction group identifier assigned to the second network event matches the unique transaction group identifier associated with the first update and the ledger account, and recording a second update in the account ledger, comprising recording the unique transaction group identifier in association with the second update without modifying the balance value of the ledger account.

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