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:
Aug. 26, 2025
Filed:
May. 08, 2024
Wells Fargo Bank, N.a., San Francisco, CA (US);
Abhijit Shetti, Pleasanton, CA (US);
Laura Marie Fontana, San Francisco, CA (US);
Rameshchandra Bhaskar Ketharaju, Hyderabad, IN;
Andrew J. Garner, Iv, State Road, NC (US);
Nikolai Stroke, Gilbert, AZ (US);
Duc Trinh, Golden Valley, MN (US);
Mabel Oza, San Francisco, CA (US);
Todd Biggs, San Francisco, CA (US);
Wells Fargo Bank, N.A., San Francisco, CA (US);
Abstract
A method for preventing the double-spending of digital currency that transfers between multiple distributed ledger technology (DLT) networks. The method includes receiving a message including a smart contract and executing the smart contract. The method further includes detecting a transaction request to transfer the first digital currency from the first DLT network to the second DLT network. The method further includes destroying the digital currency and creating, based on the unit of fiat currency, a second digital currency of a second type on the second DLT network. The method further includes transferring, responsive to detecting the transaction request, the first digital currency from the first DLT network to the second DLT network.