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. 27, 2023
Tzero Ip, Llc, Salt Lake City, UT (US);
Scott Overholser, Salt Lake City, UT (US);
Robert Christensen, Sandy, UT (US);
Nicole Sanders, Cottonwood Heights, UT (US);
Justin Wilson, Draper, UT (US);
Robert Valmassoi, New York, NY (US);
Chase Lester, West Jordan, UT (US);
Michael William Stuart Smith, Provo, UT (US);
Andrew Warner, Midvale, UT (US);
tZERO IP, LLC, Salt Lake City, UT (US);
Abstract
A network node in a peer-to-peer network of nodes includes at least one processor, at least one memory, and at least one network interface. The at least one processor is configured to receive a request to transfer a security token and execute a plurality of compliance rules associated with the security token. At least one of the compliance rules is implemented using at least one smart contract. The at least one smart contract references a global registry. The at least one processor is also configured to transfer the security token based on the execution of the compliance rules. The global registry includes personally identifiable information (PII) hash(es) for each of at least one investor associated with the transfer of the security token. The hashes are committed to the distributed ledger and updated when PII of a respective one of the at least one investor changes.