Invention Grant
- Patent Title: Distributed ledger based system and method for the settlement and transfer of title to real estate
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Application No.: US16637828Application Date: 2018-08-13
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Publication No.: US11748830B2Publication Date: 2023-09-05
- Inventor: David Howie
- Applicant: TELLURIUM INC
- Applicant Address: US CA Lincoln
- Assignee: TELLURIUM INC.
- Current Assignee: TELLURIUM INC.
- Current Assignee Address: US CA S Lake Tahoe
- Agency: Graeser Associates International Inc
- Agent Dvorah Graeser
- International Application: PCT/US2018/046408 2018.08.13
- International Announcement: WO2019/033090A 2019.02.14
- Date entered country: 2020-02-10
- Main IPC: G06Q50/16
- IPC: G06Q50/16 ; G01S19/01 ; G06F16/27 ; G06Q10/10 ; G06Q20/38 ; G06Q20/40 ; G06Q50/18 ; H04L9/08

Abstract:
A system and method of the present invention, in at least some embodiments, provides such a solution for determination of the boundaries of a parcel through a calculable solution, which is also operable when multiple units within a parcel are owned by different entities. The solution features calculation of a centroid that also features altitude. Optionally, the centroid is calculated as a single three dimensional (3D) centroid. Alternatively, it is calculated as a two dimensional centroid and then the third dimension is calculated separately.
Public/Granted literature
- US20200175623A1 DISTRIBUTED LEDGER BASED SYSTEM AND METHOD FOR THE SETTLEMENT AND TRANSFER OF TITLE TO REAL ESTATE Public/Granted day:2020-06-04
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