Post-settlement processes
US11348101B2 · kind B2 · utility
Assignee
Inventors
Key dates
| Filing date | Dec 19, 2018 |
| Grant date | May 31, 2022 |
| Priority date | — |
| Expiry date | Mar 30, 2039 |
Classification
- Technology area (CPC H)Electricity
- CPC primaryH04L9/50
- WIPO fieldComputer technology
- WIPO sectorElectrical engineering
Abstract
An example operation may include one or more of sending a transmission process from a client with an application, the application coupled to the client, receiving the transmission process from the client via a multistate peer network, the multistate peer network includes a ledger, an endorsement policy, and a smart contract, generating, from the transmission process, a multistate endorsement based ledger process, establishing a threshold state logic and a final state logic via the smart contract, the threshold state logic is set by the minimum number of endorsements required to commit to the ledger set by the endorsement policy, a commitment to the ledger triggers the final state logic, and executing post-settlement processes via the final state logic.
Source: USPTO / EPO open patent data. Objective bibliographic and citation counts.