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:
Aug. 23, 2022

Filed:

May. 29, 2018
Applicant:

Block, Inc., San Francisco, CA (US);

Inventors:

Brian John Mullins, San Francisco, CA (US);

Kay Sueru Feker, San Francisco, CA (US);

Steffano Santiago Chavez, Clayton, MO (US);

Michael Andrew Tomkins, San Francisco, CA (US);

Nicole Antonio Maulino, San Ramon, CA (US);

Ryan Yi-Lin Tai, Mountain View, CA (US);

Assignee:

Block, Inc., San Francisco, CA (US);

Attorney:
Primary Examiner:
Int. Cl.
CPC ...
G06Q 20/38 (2012.01); G06Q 30/04 (2012.01); G06Q 20/40 (2012.01); H04L 9/06 (2006.01); G06F 21/64 (2013.01);
U.S. Cl.
CPC ...
G06Q 20/38215 (2013.01); G06F 21/64 (2013.01); G06Q 20/401 (2013.01); G06Q 30/04 (2013.01); H04L 9/0637 (2013.01);
Abstract

In one embodiment, techniques include receiving, from a device associated with a merchant, a request to create blockchain-enforced contract corresponding to a new transaction between the merchant and a customer. Techniques include generating a condition of the blockchain-enforced contract requisite for completion of the new transaction. Techniques include receiving a selection of at least one option for determining that the condition is satisfied. Techniques include generating the blockchain-enforced contract and providing the blockchain-enforced contract to one or more nodes in the blockchain network. Techniques include receiving an input comprising information regarding the condition, creating a blockchain transaction addressed to the blockchain-enforced contract and sending the blockchain transaction to nodes in the blockchain network. Techniques include transferring a corresponding to the new transaction from an escrow account to a merchant account.


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