Patent · US Active

Computer-based systems configured for permission events management on a blockchain and methods of use thereof

US11379429B1 · kind B1 · utility

7Cited by
0References
20Claims
0Family size

Assignee

Inventors

Key dates

Filing dateOct 28, 2021
Grant dateJul 5, 2022
Priority date
Expiry dateOct 28, 2041

Classification

  • Technology area (CPC G)Physics
  • CPC primaryG06F9/466
  • WIPO fieldComputer technology
  • WIPO sectorElectrical engineering

Abstract

Systems and methods enable permission events management on a blockchain. Embodiments include receiving a transfer event request for a movement of a number of tokens relative to a token storage via the blockchain. An event log record database is accessed which includes a total number of tokens of pending transfer event request records, and a total number of tokens in the token storage. A first permission is determined for generating a transfer event request record to the event log record database based on the number of the tokens exceeding the total logged number of tokens. An updated total logged number of tokens is determined with the transfer event request record and the transfer event request is transmitted to the distributed network. An updated total number of tokens in the token storage is determined based on the transfer event log record and a blockchain write permission determination.

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