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:
Feb. 21, 2023
Filed:
Dec. 27, 2018
Paypal, Inc., San Jose, CA (US);
Vidit Maniyar, San Jose, CA (US);
Arjun Shukla, San Jose, CA (US);
PayPal, Inc., San Jose, CA (US);
Abstract
According to one or more aspects of the present disclosure, operations may include obtaining a token transaction request of a token transaction that includes a transfer of assignment of a crypto-token of a crypto-medium from a first entity to a second entity. The token transaction request may be a request to initiate the token transaction. The operations may further include generating a transaction signature in response to obtaining the token transaction request. The operations may include validating the token transaction using the digital signature and blocks of a private blockchain that includes a blockchain record of all transactions of the crypto-medium. In these or other embodiments, the operations may include generating a new block for the private blockchain, the new block including an update to the blockchain record that indicates the token transaction details. The generating of the new block may be triggered by the token transaction being validated.