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US Patent 12002024 Tokenization platform

OverviewStructured DataIssuesContributors

Contents

Patent abstractTimelineTable: Further ResourcesReferences
Is a
Patent
Patent
1

Patent attributes

Patent Jurisdiction
United States Patent and Trademark Office
United States Patent and Trademark Office
1
Patent Number
120020241
Patent Inventor Names
William Edward Quigley1
Jonathan Yantis1
Lukasz Jakub Sliwka1
Date of Patent
June 4, 2024
1
Patent Application Number
175204041
Date Filed
November 5, 2021
1
Patent Citations
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US Patent 9129339 Digital currency purchasing flows
1
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US Patent 11288736 Blockchain-based shared appreciation note
1
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US Patent 11308487 System, method and program product for obtaining digital assets
1
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US Patent 11321308 Asset management method and apparatus, and electronic device
1
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US Patent 11334883 Systems, methods, and program products for modifying the supply, depositing, holding and/or distributing collateral as a stable value token in the form of digital assets
1
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US Patent 11488059 Transaction-enabled systems for providing provable access to a distributed ledger with a tokenized instruction set
1
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US Patent 11500972 Tokenized media content management
1
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US Patent 11522700 Systems, methods, and program products for depositing, holding and/or distributing collateral as a token in the form of digital assets on an underlying blockchain
1
...
Patent Primary Examiner
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Christle I Marshall
1
CPC Code
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G06Q 20/405
1
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H04L 9/3213
1
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G06Q 20/4016
1
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G06Q 2220/00
1
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G06Q 30/0185
1
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G06Q 20/326
1
Patent abstract

In embodiments, a tokenization platform that facilitates token-based presales is disclosed. In embodiments, the system includes a token generation system that generates a digital token that is cryptographically linked to virtual representations of an item that is not yet in existence, wherein the token is redeemable for fulfillment of the item after the item comes into existence. The system also includes a marketplace that allows a user to purchase the item before it comes into existence and initiates assignment of the digital token corresponding to the item to an account of the user in response to the user transacting for the item. The system also includes a redemption system that receives a redemption request from the user and, in response to validating that the redeeming user owns the token and the item is in existence, triggers a fulfillment workflow that facilitates fulfillment of the item to the user.

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