Decentralized trading system for fair ordering and matching of trades received at multiple network nodes and matched by multiple network nodes within decentralized trading system
US11948182B2 · kind B2 · utility
Assignee
Inventor
Key dates
| Filing date | Mar 1, 2021 |
| Grant date | Apr 2, 2024 |
| Priority date | — |
| Expiry date | Mar 23, 2041 |
Classification
- Technology area (CPC H)Electricity
- CPC primaryH04L67/104
- WIPO fieldIT methods for management
- WIPO sectorElectrical engineering
Abstract
A system includes: a plurality of network nodes communicatively coupled in a peer-to-peer network; and a plurality of computing devices each communicatively coupled to at least one of the plurality of network nodes. Computing devices transmit market trade requests to at least one of the network nodes. A first subset of network nodes (including at least two network nodes) determine an order of receipt of the plurality of market trade requests. The first subset of network nodes reach a consensus of the order of receipt of the plurality of market trade requests. The first subset of network nodes generate ordered data based on the order of receipt agreed upon by the first subset of network nodes. A second subset of network nodes (including at least two network nodes) match the plurality of market trade requests.
Source: USPTO / EPO open patent data. Objective bibliographic and citation counts.