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:
Mar. 10, 2026

Filed:

Nov. 10, 2022
Applicant:

Block, Inc., Oakland, CA (US);

Inventor:

Michael Duane, San Francisco, CA (US);

Assignee:

Block, Inc., Oakland, CA (US);

Attorney:
Primary Examiner:
Int. Cl.
CPC ...
G06Q 20/10 (2012.01);
U.S. Cl.
CPC ...
G06Q 20/10 (2013.01);
Abstract

Systems and methods for conditional asset transfers based on outcomes of events are provided. An event-based transfer system stores a record for a conditional asset transfer based on an outcome of an event based on a corresponding request. The system monitors information sources and/or feeds (e.g., of sensors, news sources, social media, etc.) to monitor and/or track the status of the event. The system determines when the outcome of the event becomes settled, and determines, based on the record, a direction of the conditional asset transfer based on the settled outcome of the event. The system automatically alerts user device(s) of user(s) participating in the transfer, and automatically facilitates processing of the transfer of the asset in the direction based on the settled outcome.


Find Patent Forward Citations

Duane, Michael. (2026). Automated event tracking and conditional asset transfer (U.S. Patent No. 12572905). U.S. Patent and Trademark Office. https://idiyas.com/patent/badge/12572905

Data source: USPTO (United States Patent and Trademark Office) public patent records. Weekly synchronization. How IDiyas builds this profile

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