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:
Jun. 11, 2024
Filed:
May. 27, 2022
Tassat Group Inc., New York, NY (US);
Kevin Lupowitz, New York, NY (US);
Eric Couillard, New York, NY (US);
Sanjaya Kulkarni, Edison, NJ (US);
Brian Bruce, Glen Rock, NJ (US);
Sanjay Deshpande, East Brunswick, NJ (US);
Omari Edwards, West Orange, NJ (US);
Joe Grastara, Toms River, NJ (US);
Al Gleicher, Elmhurst, NY (US);
TASSAT GROUP INC., New York, NY (US);
Abstract
Systems and/or methods of the present disclosure enable crypto-ledger interoperability using a controller to perform an operation between a first user and a second user on separate entity-specific distributed crypto-ledgers, where the separate entity-specific distributed crypto-ledgers are both operatively linked to a membered common distributed crypto-ledger. The controller burns a first quantity of first entity-specific crypto-tokens from the first entity-specific distributed crypto-ledger and mints a second quantity of the common crypto-tokens on the membered common distributed crypto-ledger, where the first quantity of first entity-specific crypto-tokens and the second quantity of the common crypto-tokens represent an equivalency. The controller moves the second quantity of common crypto-tokens from a first encrypted storage to a second encrypted storage of the membered common distributed crypto-ledger, burns the second quantity of the common crypto-tokens and mints a third quantity of the second entity-specific crypto-tokens on the second entity-specific distributed crypto-ledger to complete the operation.