Computationally efficient transfer processing and auditing apparatuses, methods and systems

US11488147B2 · kind B2 · utility

Assignee

• FMR LLC · US

Inventors

• Xinxin Sheng · Cary, US
• Thomas McGuire · Claregalway, IE
• Amanda Chiu · San Francisco, US
• Jonathan Hromi · Watertown, US
• Raghav Chawla · Cambridge, US

Key dates

• Filing date: Apr 12, 2017
• Grant date: Nov 1, 2022
• Expiry date: Apr 12, 2037

Classification

• Technology area (CPC H): Electricity
• CPC primary: H04L2209/56
• WIPO field: IT methods for management
• WIPO sector: Electrical engineering

Abstract

The Computationally Efficient Transfer Processing, Auditing, and Search Apparatuses, Methods and Systems (“SOCOACT”) transforms smart contract request, crypto currency deposit request, crypto collateral deposit request, crypto currency transfer request, crypto collateral transfer request inputs via SOCOACT components into transaction confirmation outputs. Also, SOCOACT transforms transaction record inputs via SOCOACT components into matrix and list tuple outputs for computationally efficient auditing. A blockchain transaction data auditing apparatus comprises a blockchain recordation component, a matrix Conversion component, and a bloom filter component. The blockchain recordation component receives a plurality of transaction records for each of a plurality of transactions, each transaction record comprising a source address, a destination address, a transaction amount and a timestamp of a transaction; the source address comprising a source wallet address corresponding to a source digital wallet, and the destination address comprising a destination wallet address corresponding to a destination virtual currency wallet; verifies that the transaction amount is available in the source …