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. 10, 2025
Filed:
Jul. 18, 2022
Shopify Inc., Ottawa, CA;
Shopify Inc., Ottawa, CA;
Abstract
Methods and system for managing inventory in the context of online transactions involving blockchain-based payments. Examples may include determine an inventory count associated with an item with which a user device initiates a payment involving a blockchain transaction. The system determines a likelihood of completion with regard to the blockchain transaction based on one or more metrics related to recent transactions on the blockchain. Responsive to the likelihood of completion being above a minimum threshold value, the system records a hold in memory in association with the inventory count and then determines that the blockchain transaction has been completed and, in response, removes the hold from memory and decrements the inventory count.