Systems and methods for locking queued distributed network tokens

Number of patents in Portfolio can not be more than 2000

United States of America Patent

PATENT NO 11755542
APP PUB NO 20230177020A1
SERIAL NO

18164441

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Abstract

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The disclosed systems and methods provide non-native functionality to a distributed network for events management on a blockchain via locking queued distributed network tokens. The disclosed technology receives a transfer event request from a first node associated with a first token storage, where the transfer event request corresponds to movement of a requested token amount that is associated with at least one token. A pending transfer event log that queues pending transfer event requests is accessed and modified by adding the transfer event request to the queue of pending transfer event requests. This causes the at least one token associated with the transfer event request to be locked, thereby preventing its association with other transfer events. The transfer event request is then transmitted to the distributed network, whereby the distributed network executes the movement of the at least one token.

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Patent Owner(s)

Patent OwnerAddress
TASSAT GROUP INCNEW YORK NY

International Classification(s)

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Inventor(s)

Inventor Name Address # of filed Patents Total Citations
Bruce, Brian New York, US 22 108
Chee, Chester New York, US 7 5
Couillard, Eric New York, US 20 13
Grastara, Joe New York, US 18 12
Lupowitz, Kevin New York, US 54 490
Yang, Jeff New York, US 24 75

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