Invention Grant
- Patent Title: System and method of multi-round token distribution using a blockchain network
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Application No.: US18433241Application Date: 2024-02-05
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Publication No.: US12277548B2Publication Date: 2025-04-15
- Inventor: Silvia Bartolucci , Daniel Joseph
- Applicant: nChain Licensing AG
- Applicant Address: CH Zug
- Assignee: nChain Licensing AG
- Current Assignee: nChain Licensing AG
- Current Assignee Address: CH Zug
- Agency: Tarolli, Sundheim, Covell & Tummino LLP
- Priority: GB1709868 20170620,GB1709871 20170620
- Main IPC: G06Q20/36
- IPC: G06Q20/36 ; G06Q20/38 ; G06Q20/40 ; H04L9/32 ; G06Q20/02 ; H04L9/00

Abstract:
A computer-implemented method to participate in a token transfer process for transferring a first quantity of token from a sender node to a recipient node using a blockchain is disclosed. The method comprising: joining a token transfer process as a participating node in the indirect anonymous transfer protocol; obtaining a list of indirect token transactions for which the first node is either an input node or an output node for in the indirect anonymous transfer protocol; generating, in collaboration with other participating nodes of the indirect anonymous transfer protocol, a commitment channel between the first node and each of the other participating nodes for which an indirect token transaction identified in the list obtained by the first node, and collaborating with all the other participating nodes and executing the indirect token transactions in which the first node is involved, using the generated commitment channels.
Public/Granted literature
- US20240265372A1 SYSTEM AND METHOD OF MULTI-ROUND TOKEN DISTRIBUTION USING A BLOCKCHAIN NETWORK Public/Granted day:2024-08-08
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