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:
May. 05, 2026
Filed:
Apr. 26, 2022
Nchain Licensing Ag, Zug, CH;
nChain Licensing AG, Zug, CH;
Abstract
Methods and computing devices for consolidating tokens in a token system. The method may include receiving an instruction to consolidate two or more serialized tokens, each token having a respective serial number that includes a root identifier, a denomination code, and a leaf identifier allocated to that denomination code. The tokens are of denominations that, when summed, equate to a larger denomination. The method may include identifying a candidate root identifier and candidate leaf identifier, wherein the candidate leaf identifier is allocated to the larger denomination; determining that the candidate root identifier and the candidate leaf identifier are available for use; generating a new token having a new serial number containing the candidate root identifier, the candidate leaf identifier, and a denomination code corresponding to the larger denomination; and notifying an issuer computing device of consolidation and deactivation of the two or more serialized tokens resulting in the new token.