Invention Grant
- Patent Title: Blockchain compliance platform and system for regulated transactions
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Application No.: US16237588Application Date: 2018-12-31
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Publication No.: US11017405B2Publication Date: 2021-05-25
- Inventor: James Borzilleri , Carlos Garcia Perez , David Nelson
- Applicant: GoPublic, Inc.
- Applicant Address: US UT Murray
- Assignee: GoPublic, Inc.
- Current Assignee: GoPublic, Inc.
- Current Assignee Address: US UT Murray
- Agency: The Concept Law Group, PA
- Agent Scott D. Smiley; Scott M. Garrett
- Main IPC: G06Q20/40
- IPC: G06Q20/40 ; G06Q20/38 ; G06Q40/04 ; G06Q30/00 ; G06Q20/36

Abstract:
Regulated crypto-assets, or blockchain tokens, that are regulated as securities (security tokens) can be purchased using a compliance platform through a compliance wallet that allows token purchasers and token sellers to purchase and sell security tokens in a regulatory compliant manner. A rules engine of the compliance platform determines what compliance rules need to be satisfied for a given transaction and guides the token purchasers through a compliance process. Token sellers, upon being presented with a request to purchase tokens on the blockchain, can verify approved transactions on the compliance platform to ensure that the transaction can be compliantly processed.
Public/Granted literature
- US20190205881A1 BLOCKCHAIN COMPLIANCE PLATFORM AND SYSTEM FOR REGULATED TRANSACTIONS Public/Granted day:2019-07-04
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