Resource transfer system

US11562357B2 · kind B2 · utility

Assignee

• RIPPLE LUXEMBOURG S.A. · LU

Inventors

• Stefan Thomas · San Francisco, US
• Evan L. Schwartz · Teaneck, US

Key dates

• Filing date: Jun 29, 2020
• Grant date: Jan 24, 2023
• Expiry date: Jun 29, 2040

Classification

• Technology area (CPC H): Electricity
• CPC primary: H04L9/50
• WIPO field: IT methods for management
• WIPO sector: Electrical engineering

Abstract

Systems and techniques are provided for a resource transfer system. An instruction to transfer a first quantity of a resource from a first resource pool to a second resource pool may be received. A hold may be placed on a second quantity of the resource in the first resource pool. The held second quantity of the first resource may not be transferred from the first resource pool until the hold is released. Responsive to receiving a message that fulfills a condition on the hold and an instruction to execute the transfer, the hold may be released. A register that is in the first resource pool and is associated with the resource may decremented by the first quantity, and a register that is in the second resource pool and is associated with the resource may be incremented by the first quantity.