Patent · US Active

Resource allocation and transfer utilizing holds and a distributed network

US10158703B2 · kind B2 · utility

9Cited by
3References
19Claims
0Family size

Assignee

Inventor

Key dates

Filing dateJun 10, 2016
Grant dateDec 18, 2018
Priority date
Expiry dateFeb 17, 2037

Classification

  • Technology area (CPC G)Physics
  • CPC primaryG06Q40/00
  • WIPO fieldDigital communication
  • WIPO sectorElectrical engineering

Abstract

Embodiments of the present invention provide utilizing a distributed network of systems for allocating and transferring resources between entities (e.g., users, institutions, or the like) by providing holds (e.g., soft or hard) on the resources, allocating the resources, and transferring the resources by utilizing allocation identifiers and/or holding pools, if needed. The use of allocation identifiers and/or holds on the resources improves upon the processing speeds and power of systems used for the resource transfers between entities.

Source: USPTO / EPO open patent data. Objective bibliographic and citation counts.