Cryptographic currency for securities settlement

Number of patents in Portfolio can not be more than 2000

United States of America Patent

PATENT NO 11514409
APP PUB NO 20170278081A1
SERIAL NO

15618508

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Importance

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Abstract

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The present disclosure is directed to security settlement in financial markets and cryptographic currencies. Particular portions of the present disclosure are directed to a cryptographic currency protocol and to a cryptographic currency that includes a positional item. The cryptographic currency protocol supports a virtual wallet that, in various embodiments, is a security and cash account for storing and managing the cryptographic currency. Opening a transaction via the virtual wallet to transfer the cryptographic currency is a strong guarantee of the availability of funds in the virtual wallet because, e.g., funds are not transacted unless the commit phase is successful.

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Patent Owner(s)

  • GOLDMAN SACHS & CO. LLC

International Classification(s)

Inventor(s)

Inventor Name Address # of filed Patents Total Citations
Venables, Phil J New York, US 6 309
Walker, Paul New York, US 52 1268

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