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. 26, 2022

Filed:

Jun. 19, 2018
Applicant:

Nchain Holdings Limited, St. John's, AG;

Inventors:

Silvia Bartolucci, London, GB;

Daniel Joseph, London, GB;

Assignee:

nChain Holdings Ltd., St. John's, AG;

Attorney:
Primary Examiner:
Int. Cl.
CPC ...
G06Q 20/36 (2012.01); G06Q 20/38 (2012.01); G06Q 20/40 (2012.01); H04L 9/32 (2006.01); G06Q 20/02 (2012.01); G06Q 20/06 (2012.01);
U.S. Cl.
CPC ...
G06Q 20/3674 (2013.01); G06Q 20/3676 (2013.01); G06Q 20/3827 (2013.01); G06Q 20/3829 (2013.01); G06Q 20/401 (2013.01); H04L 9/3215 (2013.01); H04L 9/3239 (2013.01); H04L 9/3236 (2013.01); H04L 2209/38 (2013.01); H04L 2209/56 (2013.01);
Abstract

A computer-implemented method to initiate a token transfer process for transferring respective first quantities of tokens between a plurality of pairs of sender nodes and respective recipient nodes using a blockchain. The method includes: determining a number of transaction rounds in the token transfer process; generating a set (TT) of indirect token transactions based on the respective first quantities of tokens and the number of transaction rounds, wherein execution of all of the indirect token transactions in the set results in net transfer of the respective quantities of tokens from the sender nodes to their respective recipient nodes and wherein the set of indirect token transactions includes randomized pairings of the sender nodes and recipient nodes in which each may be an input node or an output node for a particular indirect token transaction; and for each of the sender and recipient nodes, transmitting a subset of the set of indirect token transactions to that node, the subset including those transactions for which that node is either the input node or the output node.


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