Patent · US Active

Settlement processing system , settlement processing method , settlement processing program, and computer readable recording medium on which settlement processing program is recorded, which make use of digital assets

US12423750B2 · kind B2 · utility

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Assignee

Inventor

Key dates

Filing dateMar 30, 2021
Grant dateSep 23, 2025
Priority date
Expiry dateMar 30, 2041

Classification

  • Technology area (CPC G)Physics
  • CPC primaryG06Q2220/00
  • WIPO fieldIT methods for management
  • WIPO sectorElectrical engineering

Abstract

To provide a settlement processing system making use of digital assets that can assure, without using arbitrage function by HET, price linkage between a first order book and a second order book and trading liquidity between the order books.[Solution]The settlement processing system is configured to convert the data format of the second order book on which listed is order information on ordered quantity for commodity tokens at certain amounts of commodity tokens per minimum unit amount of a currency, which are less than a minimum unit quantity of a commodity, into the data format of the first order book on which listed is order information on ordered quantity for the commodity at certain prices per minimum unit quantity of the commodity, merge the first order book and the converted second order book to generate a composite order book, calculate the total value of ordered quantity for each of sell and buy on the composite order book, separate the total value of ordered quantity into a first total value that is an integer multiple of a minimum trading unit on the first order book and a second total value as a remaining value, and compare sell orders against buy orders on the composite…

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