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. 08, 2023

Filed:

Sep. 30, 2019
Applicant:

Rokfin, Inc., Austin, TX (US);

Inventors:

Scott Augustine, Austin, TX (US);

Martin Floreani, Austin, TX (US);

Assignee:

Rokfin, Inc., Austin, TX (US);

Attorney:
Primary Examiner:
Assistant Examiner:
Int. Cl.
CPC ...
G06Q 10/02 (2012.01); G06Q 30/02 (2023.01); G06Q 20/36 (2012.01); G06Q 30/0201 (2023.01); G06Q 30/0207 (2023.01); H04L 9/32 (2006.01); G06F 16/27 (2019.01); H04L 9/06 (2006.01); G06F 16/901 (2019.01); G06F 16/182 (2019.01); H04L 9/00 (2022.01);
U.S. Cl.
CPC ...
G06Q 30/0215 (2013.01); G06F 16/1837 (2019.01); G06F 16/27 (2019.01); G06F 16/9024 (2019.01); G06Q 20/3672 (2013.01); G06Q 30/02 (2013.01); H04L 9/0637 (2013.01); H04L 9/3213 (2013.01); G06Q 10/02 (2013.01); G06Q 2220/00 (2013.01); H04L 9/50 (2022.05);
Abstract

Described processes include: obtaining instantiation records of a cryptographic token; selecting historical instantiations of the cryptographic token; determining, based on a measure of central tendency of the adjusted tractable values of the selected historical instantiations, a target tractable value of a new instantiation period; accessing transaction records corresponding to one or more transactions in which amounts of the cryptographic token were transferred to addresses inoperable to transfer received cryptographic tokens to other addresses; identifying, from the transaction records, transactions corresponding to the new instantiation period; and determining to instantiate the cryptographic token for the new instantiation period in response to identifying a set of transactions corresponding to the new instantiation period having an aggregate tractable value meeting or exceeding the target tractable value of the new instantiation period.


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