Invention Grant
- Patent Title: Systems and methods for automated decentralized multilateral transaction processing
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Application No.: US16034644Application Date: 2018-07-13
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Publication No.: US11410166B2Publication Date: 2022-08-09
- Inventor: Samer Falah , Tyrone Lobban , Naveen Mallela , Zekun Shi , Sai Murali Krishna Valiveti , Archana Manjunatha , Zhou Zhiyao , Peter Munnings , Coenie Beyers , Patrick Mylund Nielsen
- Applicant: JPMorgan Chase Bank, N.A.
- Applicant Address: US NY New York
- Assignee: JPMorgan Chase Bank, N.A.
- Current Assignee: JPMorgan Chase Bank, N.A.
- Current Assignee Address: US NY New York
- Agency: Greenberg Traurig LLP
- Main IPC: G06Q20/38
- IPC: G06Q20/38 ; G06Q20/22 ; G06Q20/40

Abstract:
Systems and methods for automated decentralized multilateral transaction processing are disclosed. According to one embodiment, in an information processing apparatus comprising at least one computer processor, a method for automated decentralized multilateral transaction processing may include: (1) receiving a plurality of transaction requests to conduct a plurality of transactions; (2) determining that a party to a first transaction of the plurality of transactions does not meet a liquidity requirement to conduct the first transaction; (3) executing a netting algorithm to identify a second transaction of the plurality of transactions that when executed allows the first transaction to execute; and (4) executing the first and second transactions.
Public/Granted literature
- US20190019186A1 SYSTEMS AND METHODS FOR AUTOMATED DECENTRALIZED MULTILATERAL TRANSACTION PROCESSING Public/Granted day:2019-01-17
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