STABLE TOKEN CREATION, PROCESSING AND ENCRYPTION ON BLOCKCHAIN
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United States of America Patent
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Issued Date -
Oct 6, 2022
app pub date -
Mar 1, 2022
filing date -
Aug 27, 2019
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Abstract
Disclosed herein are methods and systems for creating or providing a blockchain-based digital stable token, facilitating user identification, fund transfer, and payments and trading. The systems and methods provided herein may comprise providing a stable token, a non-stable token, reward rate for payment in the stable token, interest rate for holding the stable token, wherein zero inflation and deflation of the stable token against a weighted average price, such as the PCE price index, can be achieved by constantly optimizing one or more of the i) the reward rate, ii) the interest rate, and iii) the trading between the non-stable token and stable token through a Linear-Quadratic-Gaussian controller.
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