Company Filing History:
Years Active: 2022-2025
Title: Innovations of Chase Lester
Introduction
Chase Lester is an accomplished inventor based in West Jordan, UT (US). He has made significant contributions to the field of technology, particularly in the realm of security tokens and smart contracts. With a total of five patents to his name, Lester is recognized for his innovative approaches to compliance and investor registries.
Latest Patents
Chase Lester's latest patents include a self-enforcing security token that implements smart-contract-based compliance rules. This invention features a network node in a peer-to-peer network, which includes at least one processor, memory, and a network interface. The processor is designed to receive requests to transfer security tokens and execute compliance rules associated with them. One of the compliance rules is implemented using a smart contract that references a global registry. This registry contains personally identifiable information (PII) hashes for investors associated with the token transfer, ensuring that the information is securely committed to a distributed ledger and updated as necessary.
Another notable patent is the splittable security token. This invention involves a network node configured within a peer-to-peer network that implements a distributed ledger. The processor in this network node determines a split ratio for security tokens held in specific addresses without updating the token balances for all addresses. This innovative approach enhances the efficiency of managing security tokens in a distributed environment.
Career Highlights
Chase Lester is currently employed at Tzero IP, LLC, where he continues to develop groundbreaking technologies. His work focuses on enhancing the security and compliance of digital assets through innovative solutions. His contributions have positioned him as a key player in the evolving landscape of financial technology.
Collaborations
Chase collaborates with talented individuals such as Nicole Sanders and Justin Wilson. Their combined expertise fosters a creative environment that drives innovation and the development of new technologies.
Conclusion
Chase Lester's work exemplifies the spirit of innovation in the technology sector. His patents reflect a commitment to advancing security and compliance in digital transactions. Through his contributions, he continues to shape the future of financial technology.