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. 11, 2025
Filed:
Nov. 08, 2021
Verona Holdings Sezc, George Town, KY;
Jonathan Yantis, Grants Pass, OR (US);
William Edward Quigley, Pacific Palisades, CA (US);
Lukasz Jakub Sliwka, Long Beach, CA (US);
VERONA HOLDING SEZC, George Town, KY;
Abstract
A tokenization system that facilitates token-based trades of items is disclosed. The system includes a token generation system that generates digital tokens that are cryptographically linked to respective item identifiers of respective items. The system includes a ledger update system that writes the digital tokens to a cryptographic ledger and updates ownership data thereof to reflect respective owners of the digital tokens. The system also includes a trading system that facilitates non-monetary exchange of the items using the digital tokens, whereby a transfer system initiates a transfer of a second digital token to a first account of a first user and a second transfer of a first digital token to a second account of a second user on the cryptographic ledger in response to the trading system facilitating a trade of the first item and the second item between the first and second user.