The patent badge is an abbreviated version of the USPTO patent document. The patent badge does contain a link to the full patent document.

The patent badge is an abbreviated version of the USPTO patent document. The patent badge covers the following: Patent number, Date patent was issued, Date patent was filed, Title of the patent, Applicant, Inventor, Assignee, Attorney firm, Primary examiner, Assistant examiner, CPCs, and Abstract. The patent badge does contain a link to the full patent document (in Adobe Acrobat format, aka pdf). To download or print any patent click here.

Date of Patent:
Oct. 27, 2020

Filed:

Apr. 22, 2020
Applicant:

Alibaba Group Holding Limited, Grand Cayman, KY;

Inventors:

Rubing Shi, Hangzhou, CN;

Wenlong Yang, Hangzhou, CN;

Assignee:

ALIBABA GROUP HOLDING LIMITED, Grand Cayman, KY;

Attorney:
Primary Examiner:
Int. Cl.
CPC ...
H04L 9/06 (2006.01); H04L 9/32 (2006.01); G06Q 40/04 (2012.01);
U.S. Cl.
CPC ...
H04L 9/0637 (2013.01); G06Q 40/04 (2013.01); H04L 9/3263 (2013.01); H04L 2209/38 (2013.01); H04L 2209/56 (2013.01);
Abstract

Methods, systems, and apparatus, including computer programs encoded on computer storage media, for digital asset buyback. One of the methods includes: obtaining a request for buying back a digital asset from a first blockchain account, the request comprising a quantity of the digital asset; identifying, based on the request, a blockchain contract that is deployed on the blockchain and that corresponds to the digital asset; generating a blockchain transaction for transferring the quantity of the digital asset from the first blockchain account to a second blockchain account associated with digital asset buyback, wherein the blockchain contract comprises a restriction prohibiting transfer of the digital asset out of the second blockchain account; and sending, to a blockchain node for adding to the blockchain, the blockchain transaction for transferring the quantity of the digital asset from the first blockchain account to the second blockchain account.


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