Patent · US Active

Systems for multi-blockchain, multi-token interoperability via common blockchain integration

US12010204B2 · kind B2 · utility

0Cited by
8References
21Claims
0Family size

Assignee

Inventors

Key dates

Filing dateMay 27, 2022
Grant dateJun 11, 2024
Priority date
Expiry dateMay 27, 2042

Classification

  • Technology area (CPC H)Electricity
  • CPC primaryH04L65/4015
  • WIPO fieldDigital communication
  • WIPO sectorElectrical engineering

Abstract

Systems and/or methods of the present disclosure enable crypto-ledger interoperability using a controller to perform an operation between a first user and a second user on separate entity-specific distributed crypto-ledgers, where the separate entity-specific distributed crypto-ledgers are both operatively linked to a membered common distributed crypto-ledger. The controller burns a first quantity of first entity-specific crypto-tokens from the first entity-specific distributed crypto-ledger and mints a second quantity of the common crypto-tokens on the membered common distributed crypto-ledger, where the first quantity of first entity-specific crypto-tokens and the second quantity of the common crypto-tokens represent an equivalency. The controller moves the second quantity of common crypto-tokens from a first encrypted storage to a second encrypted storage of the membered common distributed crypto-ledger, burns the second quantity of the common crypto-tokens and mints a third quantity of the second entity-specific crypto-tokens on the second entity-specific distributed crypto-ledger to complete the operation.

Source: USPTO / EPO open patent data. Objective bibliographic and citation counts.