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:
Feb. 28, 2023

Filed:

May. 03, 2016
Applicant:

Citibank, N.a., New York, NY (US);

Inventors:

Roy Emek, Tel Aviv, IL;

Oren Glickman, Tsofit, IL;

Assignee:

CITIBANK, N.A., New York, NY (US);

Attorneys:
Primary Examiner:
Int. Cl.
CPC ...
G06Q 20/36 (2012.01); G06Q 20/10 (2012.01); G06Q 20/38 (2012.01);
U.S. Cl.
CPC ...
G06Q 20/3672 (2013.01); G06Q 20/105 (2013.01); G06Q 20/3829 (2013.01); G06Q 20/38215 (2013.01);
Abstract

Data representing ownership of a traditional asset of a first party having a predefined monetary value stored at a first party network node is replicated to a plurality of other party network nodes, including a second party network node, communicably coupled to the first party network node and to one another. Entry of data is received at the first party network node that represents a partition by the first party of the asset of the first party on a non-value axis into at least two non-overlapping assets and a transfer of ownership of one of those two assets to the second party. The data representing the partition of the non-value axis and transfer of ownership of one of the two non-overlapping assets to the second party is replicated to the plurality of other party nodes, including the second party network node.


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