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:
Jul. 13, 2021

Filed:

Jul. 15, 2019
Applicant:

Igt, Las Vegas, NV (US);

Inventor:

Charles Cohen, San Francisco, CA (US);

Assignee:

IGT, Las Vegas, NV (US);

Attorney:
Primary Examiner:
Int. Cl.
CPC ...
G07F 17/32 (2006.01);
U.S. Cl.
CPC ...
G07F 17/3223 (2013.01); G07F 17/3244 (2013.01); G07F 17/3288 (2013.01);
Abstract

Systems and methods are provided. A system includes a communication interface, a processor circuit and a memory coupled to the processor circuit. The memory includes machine readable instructions that, when executed by the processor circuit, cause the processor circuit to generate, within a decentralized distributed peer-to-peer wagering architecture, a data block that includes a smart betting contract that manages a wager that is between a plurality of betting parties. The processor circuit further determines a wager outcome based on an event outcome based on a condition that is defined in the smart betting contract and, based on the wager outcome, executes the smart betting contract to cause a value that corresponds to the wager to be transmitted to one of the betting parties.


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