Invention Grant
- Patent Title: Systems and methods for updating a distributed ledger based on partial validations of transactions
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Application No.: US14639895Application Date: 2015-03-05
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Publication No.: US11023968B2Publication Date: 2021-06-01
- Inventor: Matthew Timothy Arnold , Zartasha Naeem
- Applicant: Goldman, Sachs & Co.
- Applicant Address: US NY New York
- Assignee: Goldman, Sachs & Co.
- Current Assignee: Goldman, Sachs & Co.
- Current Assignee Address: US NY New York
- Main IPC: G06Q40/04
- IPC: G06Q40/04 ; G06Q20/02 ; G06Q40/00 ; G06Q20/38 ; G06Q20/40

Abstract:
The systems and methods described herein relate to processing financial transactions using a computer network that stores a distributed ledger, and particularly, to updating the distributed ledger based on data messages received from validation servers that each store a portion of the ledger corresponding to a respective asset. The systems and methods described herein employ the distributed ledger to control visibility of transactions to the general marketplace, but still provide swift and assured completion of transactions and visibility and audit capability for regulators.
Public/Granted literature
- US20160260169A1 SYSTEMS AND METHODS FOR UPDATING A DISTRIBUTED LEDGER BASED ON PARTIAL VALIDATIONS OF TRANSACTIONS Public/Granted day:2016-09-08
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