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. 19, 2025

Filed:

Oct. 07, 2020
Applicant:

Chicago Mercantile Exchange Inc., Chicago, IL (US);

Inventors:

Ryan David Pierce, Chicago, IL (US);

Ajay Sunderajan Madhavan, Aurora, IL (US);

Stanislav Liberman, Highland Park, IL (US);

Assignee:
Attorney:
Primary Examiner:
Int. Cl.
CPC ...
G06Q 20/38 (2012.01); G06Q 20/02 (2012.01); G06Q 20/06 (2012.01); G06Q 20/08 (2012.01); G06Q 20/22 (2012.01); G06Q 20/36 (2012.01); G06Q 20/40 (2012.01); G06Q 40/04 (2012.01); G06Q 40/06 (2012.01); H04L 9/32 (2006.01);
U.S. Cl.
CPC ...
G06Q 20/38 (2013.01); G06Q 20/02 (2013.01); G06Q 20/08 (2013.01); G06Q 20/223 (2013.01); G06Q 20/367 (2013.01); G06Q 20/3825 (2013.01); G06Q 20/389 (2013.01); G06Q 20/401 (2013.01); G06Q 20/06 (2013.01); G06Q 20/065 (2013.01); G06Q 20/3827 (2013.01); G06Q 40/04 (2013.01); G06Q 40/06 (2013.01); G06Q 2220/00 (2013.01); H04L 9/3234 (2013.01); H04L 9/3247 (2013.01);
Abstract

A blockchain includes different digital assets, including digital tradeable tokens and inventory tokens. The blockchain may implement a transaction type that includes both digital tradeable tokens and the inventory tokens. The digital tradeable tokens and inventory tokens may be associated with physical assets that can be uniquely identified and are intended to be fungible with each other. The validation rules of the blockchain may rely upon quantities of the digital tradeable token and inventory tokens satisfying a predetermined relationship.


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