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:
Mar. 31, 2026
Filed:
Oct. 28, 2022
Nchain Licensing Ag, Zug, CH;
Craig Steven Wright, London, GB;
Stephane Savanah, London, GB;
nChain Licensing AG, Zug, CH;
Abstract
A computer-implemented method to participate in a token transfer process for transferring a first quantity of token from a sender node to a recipient node using a blockchain is disclosed. The token transfer process includes a plurality of participating nodes and execution of a set of indirect token transactions between multiple pairs of the participating nodes. The method is implemented at a participating node that performs steps of: obtaining a subset of the set of indirect token transactions including only those transactions for which the participating node is either an input node or an output node; for each indirect token transaction in the subset, collaborating with a respective second participating node included in the indirect token transaction to generate a commitment channel between the participating node and the second participating node; and collaborating with all other participating nodes in executing the indirect token transactions using the generated commitment channels.