Patent · US Active

Systems and methods for locking queued distributed network tokens

US11755542B2 · kind B2 · utility

0Cited by
3References
18Claims
0Family size

Assignee

Inventors

Key dates

Filing dateFeb 3, 2023
Grant dateSep 12, 2023
Priority date
Expiry dateFeb 3, 2043

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.