Systems and methods for locking queued distributed network tokens
US11636070B1 · kind B1 · utility
Assignee
Inventors
Key dates
| Filing date | Sep 23, 2022 |
| Grant date | Apr 25, 2023 |
| Priority date | — |
| Expiry date | Sep 23, 2042 |
Classification
- Technology area (CPC G)Physics
- CPC primaryG06F9/466
- WIPO fieldComputer technology
- WIPO sectorElectrical engineering
Abstract
The disclosed systems and methods provide non-native functionality to a distributed network for events management on a blockchain via locking queued distributed network tokens. The disclosed technology receives a transfer event request from a first node associated with a first token storage, where the transfer event request corresponds to movement of a requested token amount that is associated with at least one token. A pending transfer event log that queues pending transfer event requests is accessed and modified by adding the transfer event request to the queue of pending transfer event requests. This causes the at least one token associated with the transfer event request to be locked, thereby preventing its association with other transfer events. The transfer event request is then transmitted to the distributed network, whereby the distributed network executes the movement of the at least one token.
Source: USPTO / EPO open patent data. Objective bibliographic and citation counts.