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:
Jul. 14, 2026
Filed:
Mar. 29, 2021
International Business Machines Corporation, Armonk, NY (US);
The Board of Trustees of the University of Illinois, Urbana, IL (US);
International Business Machines Corporation, Armonk, NY (US);
The Board of Trustees of the University of Illinois, Urbana, IL (US);
Abstract
A method for a fully distributed privacy-preserving multi-lateral netting between parties is disclosed. The method comprising collecting pending transactions between at least a part of the parties, publishing a commitment of pending transactions to a bulletin board, secretly sharing de-commitments among the parties, and publishing, by each party, its determined liquidity status, to the bulletin board. Furthermore, the method comprises upon determining a failure in the publishing of any liquidity status, performing the following MPC by determining whether all pending transactions are settable maintaining positive liquidity for each party, and upon determining a failure in the determining, for each party, whether all pending transactions are nettable determining an optimized subset of transactions that are nettable without violating liquidity requirements for each party.