Invention Grant
- Patent Title: Distributed database methods and systems
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Application No.: US15145422Application Date: 2016-05-03
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Publication No.: US11593792B1Publication Date: 2023-02-28
- Inventor: Roy Emek , Oren Glickman
- Applicant: CITIBANK, N.A.
- Applicant Address: US NY New York
- Assignee: CITIBANK, N.A.
- Current Assignee: CITIBANK, N.A.
- Current Assignee Address: US NY New York
- Agency: Johnson, Marcou, Isaacs & Nix, LLC
- Agent George Marcou; Scott A. Hendrix
- Main IPC: G06Q20/36
- IPC: G06Q20/36 ; G06Q20/10 ; G06Q20/38

Abstract:
Data representing ownership of a traditional asset of a first party having a predefined monetary value stored at a first party network node is replicated to a plurality of other party network nodes, including a second party network node, communicably coupled to the first party network node and to one another. Entry of data is received at the first party network node that represents a partition by the first party of the asset of the first party on a non-value axis into at least two non-overlapping assets and a transfer of ownership of one of those two assets to the second party. The data representing the partition of the non-value axis and transfer of ownership of one of the two non-overlapping assets to the second party is replicated to the plurality of other party nodes, including the second party network node.
Information query