Intelligent distributed ledger consent optimizing apparatus for asset transfer
US12020246B2 · kind B2 · utility
Assignee
Inventors
Key dates
| Filing date | Jun 1, 2021 |
| Grant date | Jun 25, 2024 |
| Priority date | — |
| Expiry date | Sep 16, 2042 |
Classification
- Technology area (CPC Y)Emerging Cross-Sectional Technologies
- CPC primaryY02D10/00
- WIPO fieldComputer technology
- WIPO sectorElectrical engineering
Abstract
Aspects of the disclosure relate to processing asset transfers. A computing platform may receive an asset transfer request, and may modify a distributed ledger to include a new block corresponding to the asset transfer request. The computing platform may identify, for each of a plurality of consensus methods, a subset of existing blocks that, when used to perform the corresponding consensus method, uses a minimum number of the existing blocks to perform the corresponding consensus method. The computing platform may store, in the distributed ledger, block combinations having the minimum number for each of the plurality of consensus methods, and may execute, using each corresponding identified subset of the existing blocks, each of the plurality of consensus methods. Based on establishing the consensus, the computing platform may direct an event processing platform to process the asset transfer request, which may cause the event processing platform to process the request.
Source: USPTO / EPO open patent data. Objective bibliographic and citation counts.