Temporary consensus networks in a resource transfer system

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United States of America Patent

PATENT NO 11392955
APP PUB NO 20160342988A1
SERIAL NO

14875607

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Abstract

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Systems and techniques are provided for a resource transfer system. An instruction to transfer a first quantity of a resource from a first resource pool to a second resource pool may be received. A hold may be placed on a second quantity of the resource in the first resource pool. The held second quantity of the first resource may not be transferred from the first resource pool until the hold is released. Responsive to receiving a message that fulfills a condition on the hold and an instruction to execute the transfer, the hold may be released. A register that is in the first resource pool and is associated with the resource may decremented by the first quantity, and a register that is in the second resource pool and is associated with the resource may be incremented by the first quantity.

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Patent Owner(s)

  • RIPPLE LUXEMBOURG S.A.

International Classification(s)

Inventor(s)

Inventor Name Address # of filed Patents Total Citations
Schwartz, Evan New York, US 36 276
Thomas, Stefan San Francisco, US 53 446

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