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:
Jan. 10, 2023

Filed:

Sep. 18, 2020
Applicant:

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

Inventors:

Andrew Trafford, San Francisco, CA (US);

Laurence Beal, San Francisco, CA (US);

Ryan Budd, San Francisco, CA (US);

River Satya, San Francisco, CA (US);

Assignee:

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

Attorney:
Primary Examiner:
Int. Cl.
CPC ...
G06Q 10/06 (2012.01); G07C 13/00 (2006.01);
U.S. Cl.
CPC ...
G06Q 10/0637 (2013.01); G07C 13/00 (2013.01); G06Q 2230/00 (2013.01);
Abstract

An asset management platform including a payment server configured to process payments and hold security assets on behalf of a plurality of user accounts, each of the plurality of user accounts holding fractional shares of a common equity with associated shareholder voting rights. The asset management platform includes a mobile application executing on devices of users associated with the user accounts and provides a user interface to submit a shareholder vote associated with a voting instruction. The payment server receives the shareholder votes from each of user accounts and determines a first set of shareholder votes of whole share amounts and a second set of shareholder votes of fractional share amounts. The payment server identifies a group of fractional votes from the second set of votes and collates the group of fractional votes to create an aggregated fractional vote equal to one or more shareholder votes. The first set of shareholder votes and the aggregated fractional vote can then be submitted as shareholder votes for the group of user accounts.


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