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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.

Patent No.:

US 10839386 B1

PDFFull Text
Date of Patent:
Nov. 17, 2020

Filed:

Nov. 06, 2018

Stored value smart contracts on a blockchain

Applicant:

Ebay Inc., San Jose, CA (US);

Inventors:

David John Kamalsky, Campbell, CA (US);

Ethan Benjamin Rubinson, Santa Clara, CA (US);

Sergio Pinzon Gonzales, Jr., San Jose, CA (US);

Assignee:

eBay Inc., San Jose, CA (US);

Attorney:

Shook, Hardy & Bacon, L.L.P.

Primary Examiner:

Kelly S Campen

Int. Cl.
CPC ...
G06Q 20/38 (2012.01); H04L 29/06 (2006.01); H04L 9/32 (2006.01); G06F 21/62 (2013.01); G06F 21/10 (2013.01); G06Q 20/08 (2012.01); G06Q 40/08 (2012.01); G06F 16/27 (2019.01); G06F 16/18 (2019.01); G06F 21/30 (2013.01); H04L 9/06 (2006.01); G06Q 20/42 (2012.01); G06Q 30/00 (2012.01); G06F 21/60 (2013.01); G06Q 20/40 (2012.01); H04L 9/30 (2006.01); H04L 29/08 (2006.01); G06F 21/64 (2013.01);
U.S. Cl.
CPC ...
G06Q 20/389 (2013.01); G06F 16/1805 (2019.01); G06F 16/27 (2019.01); G06F 21/10 (2013.01); G06F 21/30 (2013.01); G06F 21/602 (2013.01); G06F 21/62 (2013.01); G06F 21/6218 (2013.01); G06F 21/6245 (2013.01); G06Q 20/0855 (2013.01); G06Q 20/3825 (2013.01); G06Q 20/3829 (2013.01); G06Q 20/401 (2013.01); G06Q 20/42 (2013.01); G06Q 30/018 (2013.01); G06Q 40/08 (2013.01); H04L 9/0637 (2013.01); H04L 9/0643 (2013.01); H04L 9/30 (2013.01); H04L 9/3236 (2013.01); H04L 9/3239 (2013.01); H04L 9/3247 (2013.01); H04L 9/3297 (2013.01); H04L 63/102 (2013.01); H04L 63/12 (2013.01); H04L 65/4084 (2013.01); H04L 67/20 (2013.01); H04L 67/327 (2013.01); G06F 21/645 (2013.01); G06F 2221/2107 (2013.01); H04L 67/18 (2013.01); H04L 2209/38 (2013.01); H04L 2209/56 (2013.01);
Abstract

Technologies are shown for managing stored value on a blockchain involving creating a stored value contract block on a blockchain having an identifier of a first entity and code for transferring a portion of a stored value to a designated party. Funds data is stored to the blockchain indicating the stored value committed to the stored value contract block by the first entity. Code is invoked with an identifier of a second entity to transfer a portion of the stored value to the second entity. Some examples involve an intermediary entity verifying conditions defined in the stored value contract block in order to complete transfer. Other examples involve an intermediary entity monitoring conditions in order to initiate transfer when the conditions are satisfied.

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