Computer-based systems configured to utilize an event log to pre-authorize distributed network events and methods of use thereof
US11494342B1 · kind B1 · utility
Assignee
Inventors
Key dates
| Filing date | Jul 1, 2022 |
| Grant date | Nov 8, 2022 |
| Priority date | — |
| Expiry date | Jul 1, 2042 |
Classification
- Technology area (CPC G)Physics
- CPC primaryG06F9/466
- WIPO fieldComputer technology
- WIPO sectorElectrical engineering
Abstract
Systems and methods of the present disclosure enable distributed network request permissioning receiving, from a first node associated with a token storage, a transfer event request for a movement of a requested token amount relative to the token storage via a distributed network. A pending transfer event log is accessed that includes a total pending token amount associated with pending tokens of pending transfer event requests with respect to the token storage, and a total available token amount associated with available tokens in the first token storage. A permission is determined based on the total available token amount exceeding a sum of the total pending token amount and the requested token amount. An updated total pending token amount is determined by adding the transfer event request record to the pending transfer event log, and the transfer event request is transmitted to the distributed network to perform the movement.
Source: USPTO / EPO open patent data. Objective bibliographic and citation counts.