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:
Apr. 28, 2026

Filed:

May. 23, 2022
Applicant:

Mara Holdings, Inc., Las Vegas, NV (US);

Inventor:

Ashu Swami, Las Vegas, NV (US);

Assignee:

MARA Holdings, Inc., Las Vegas, NV (US);

Attorney:
Primary Examiner:
Assistant Examiner:
Int. Cl.
CPC ...
G06Q 20/06 (2012.01); G06Q 40/04 (2012.01); H04L 9/00 (2022.01);
U.S. Cl.
CPC ...
G06Q 20/065 (2013.01); G06Q 40/04 (2013.01); H04L 9/50 (2022.05); G06Q 2220/00 (2013.01); H04L 2209/56 (2013.01);
Abstract

Apparatus, systems and methods improve efficiency in transacting a swap or other futures based financial instrument, by using time-weighted index averages to decrease counterparty settlement risk. In preferred embodiments related to Bitcoin and several other cryptocurrencies, the swaps are based upon a time-weighted index average (D) of multiple instances of difficulty (Dto D) of mining the cryptocurrency over multiple time periods (Pto P) where both Ds and Ps are available from the decentralized public blockchain. Traders can use these time-weighted index averages in conjunction with the anticipated values of Ds and Ps for the remainder of the duration of the index, to calculate the index value at any given time.


Find Patent Forward Citations

Swami, Ashu. (2026). Systems and methods for decreasing counterparty settlement risk (U.S. Patent No. 12614159). U.S. Patent and Trademark Office. https://idiyas.com/patent/badge/12614159

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

Loading…