- Patent Title: Systems, apparatus and methods for identifying and securely storing distinguishing characteristics in a distributed ledger within a distributed ledger-based network based on fungible and non-fungible tokens
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Application No.: US17966443Application Date: 2022-10-14
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Publication No.: US12169869B2Publication Date: 2024-12-17
- Inventor: John Stoddard Robotham
- Applicant: EYGS LLP
- Applicant Address: GB London
- Assignee: EYGS LLP
- Current Assignee: EYGS LLP
- Current Assignee Address: GB London
- Agency: COOLEY LLP
- Main IPC: G06Q40/04
- IPC: G06Q40/04 ; H04L9/00 ; H04L9/06 ; H04L9/32 ; H04L9/40 ; G06Q10/08 ; G06Q20/38 ; G06Q40/00

Abstract:
In some embodiments, a method includes storing data associated with fungible assets in a distributed ledger database. The method includes dividing fungible tokens into a first set of groups of fungible tokens based on the data and sending, via the distributed ledger-based network and based on an asymmetric cryptography key pair, each group of fungible tokens from the first set of groups of fungible tokens to a communication device from the first set of communication devices to cause the second plurality of communication devices to send, to a designated recipient communication device, non-fungible tokens for each group of fungible tokens from the second set of groups of fungible tokens. The first set of groups of fungible tokens is divided into a second set of groups of fungible tokens and received at a second set of communication devices.
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