Invention Grant
- Patent Title: Rapid approval of blockchain-based transactions
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Application No.: US16921805Application Date: 2020-07-06
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Publication No.: US11599874B2Publication Date: 2023-03-07
- Inventor: Harry Tu
- Applicant: Aldelo, LP
- Applicant Address: US CA Pleasanton
- Assignee: Aldelo, LP
- Current Assignee: Aldelo, LP
- Current Assignee Address: US CA Pleasanton
- Agency: Fish & Richardson P.C.
- Main IPC: G06Q20/36
- IPC: G06Q20/36 ; G06K7/10 ; G06Q20/38 ; G06Q20/40 ; G06Q20/42 ; G06Q20/20 ; G06Q40/02 ; G06Q20/10 ; G06Q30/018 ; G06Q20/32 ; G06F16/23 ; H04L9/30 ; G06K7/14 ; G06Q20/02

Abstract:
The present disclosure involves systems, software, and computer implemented methods for providing rapid approval of blockchain-based transactions. This includes approval of transactions prior to the transaction being written to the blockchain. A transaction system can register with a transaction manager, such as a cloud-based or cloud transaction manager, which can maintain a queue of pending transactions and provide approval for transactions in real-time or near real-time, while later verifying the pending transactions are written into the blockchain as expected. This allows the transaction system to securely confirm the transaction is approved prior to the transaction being written in the blockchain, based on a real-time or near real-time analysis of each customer's corresponding account and transactions.
Public/Granted literature
- US20220005022A1 RAPID APPROVAL OF BLOCKCHAIN-BASED TRANSACTIONS Public/Granted day:2022-01-06
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