Patent · US Active

Systems, apparatus and methods for identifying and securely storing distinguishing characteristics in a distributed ledger within a distributed ledger-based network based on fungible and non-fungible tokens

US12169869B2 · kind B2 · utility

0Cited by
27References
20Claims
0Family size

Assignee

Inventor

Key dates

Filing dateOct 14, 2022
Grant dateDec 17, 2024
Priority date
Expiry dateOct 14, 2042

Classification

  • Technology area (CPC H)Electricity
  • CPC primaryH04L2209/56
  • WIPO fieldDigital communication
  • WIPO sectorElectrical engineering

Abstract

In some embodiments, a method includes storing data associated with fungible assets in a distributed ledger database. The method includes dividing fungible tokens into a first set of groups of fungible tokens based on the data and sending, via the distributed ledger-based network and based on an asymmetric cryptography key pair, each group of fungible tokens from the first set of groups of fungible tokens to a communication device from the first set of communication devices to cause the second plurality of communication devices to send, to a designated recipient communication device, non-fungible tokens for each group of fungible tokens from the second set of groups of fungible tokens. The first set of groups of fungible tokens is divided into a second set of groups of fungible tokens and received at a second set of communication devices.

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