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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 11222331 B1

PDFFull Text
Date of Patent:
Jan. 11, 2022

Filed:

May. 25, 2021

Method and system for blockchain-based gemstone ownership, identity, custody, supply-chain transfer, trading, and secure payments

Applicant:

Vijay Madisetti, Johns Creek, GA (US);

Inventors:

Vijay Madisetti, Johns Creek, GA (US);

Arshdeep Bahga, Chandigarh, IN;

Jae Kim, Atlanta, GA (US);

Avinash Rao, Surat, IN;

Assignee:

Other;

Attorneys:

Daniel C. Pierron

Widerman Malek, PL

Primary Examiner:

James D Nigh

Int. Cl.
CPC ...
G06Q 20/38 (2012.01); H04L 9/32 (2006.01); H04L 9/06 (2006.01); H04L 9/14 (2006.01); G06Q 20/36 (2012.01); G06Q 20/06 (2012.01); H04L 9/30 (2006.01); G06Q 40/04 (2012.01);
U.S. Cl.
CPC ...
G06Q 20/38215 (2013.01); G06Q 20/06 (2013.01); G06Q 20/065 (2013.01); G06Q 20/367 (2013.01); G06Q 20/389 (2013.01); G06Q 20/3823 (2013.01); G06Q 20/3825 (2013.01); G06Q 20/3827 (2013.01); G06Q 20/3829 (2013.01); G06Q 40/04 (2013.01); H04L 9/0637 (2013.01); H04L 9/14 (2013.01); H04L 9/30 (2013.01); H04L 9/3239 (2013.01); H04L 9/3242 (2013.01); H04L 9/3247 (2013.01); H04L 9/3263 (2013.01); H04L 9/3297 (2013.01); G06Q 2220/00 (2013.01); H04L 2209/38 (2013.01); H04L 2209/56 (2013.01);
Abstract

A blockchain-based rough gemstone planning method including scanning rough gemstones and generating one rough gemstone records, recording the rough gemstone record to a rough gemstone blockchain network, receiving a smart contract associated for each rough gemstone record, receiving virtual derivative gemstone records, generating derivative smart contracts for the virtual derivative gemstone records, sending the virtual derivative gemstone records and the derivative smart contracts to a trading network, and receiving price information associated with the virtual derivative gemstone records.

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