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.:
Date of Patent:
Aug. 16, 2022
Filed:
Feb. 19, 2020
Wells Fargo Bank, N.a., San Francisco, CA (US);
Abhijit Shetti, Pleasanton, CA (US);
Laura Marie Fontana, San Francisco, CA (US);
Rameshchandra B. BhaskarKetharaju, Hyderabad, IN;
Andrew J. Garner, IV, State Road, NC (US);
Nikolai Stroke, Gilbert, CA (US);
Duc Trinh, Golden Valley, MN (US);
Mabel Oza, San Francisco, CA (US);
Todd Biggs, San Francisco, CA (US);
Wells Fargo Bank, N.A., San Francisco, CA (US);
Abstract
A system and method for preventing the double-spending of digital currency that transfers between multiple distributed ledger technology (DLT) networks. The system and method includes receiving an authorization to monitor transaction requests associated with a first DLT network. The system and method includes detecting a transaction request to transfer the first digital currency from the first DLT network to the second DLT network. The first digital currency is created on the first DLT network based on a unit of fiat currency. The system and method include transferring, responsive to detecting the transaction request, the first digital currency from the first DLT network to the second DLT network.