Invention Grant
- Patent Title: Stablecoin as a medium of exchange on a blockchain-based transaction network
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Application No.: US17098687Application Date: 2020-11-16
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Publication No.: US11055677B2Publication Date: 2021-07-06
- Inventor: John Gregory Anderson , Charles Henry Uchill , Sean McNamara
- Applicant: Ceres Coin LLC
- Applicant Address: US TX Austin
- Assignee: Ceres Coin LLC
- Current Assignee: Ceres Coin LLC
- Current Assignee Address: US TX Austin
- Agency: Banner & Witcoff, Ltd.
- Main IPC: G06Q20/06
- IPC: G06Q20/06 ; G06Q20/40 ; G06Q20/38

Abstract:
Aspects of this disclosure relate to various systems and methods for use in a regulated industry and using an SEC qualified stablecoin as a store of value and medium of exchange on a blockchain-based transaction network. The system includes a stablecoin blockchain system with a stablecoin blockchain framework, a stablecoin ecosystem, and a stablecoin blockchain transaction network. The stablecoin blockchain system facilitates transactions between stablecoin blockchain participants within the stablecoin ecosystem. The stablecoin ecosystem conducts transactions across a stablecoin blockchain transaction network and a distributed blockchain ledger.
Public/Granted literature
- US20210142300A1 STABLECOIN AS A MEDIUM OF EXCHANGE ON A BLOCKCHAIN-BASED TRANSACTION NETWORK Public/Granted day:2021-05-13
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