US 11,908,012 B2Granted

Global liquidity and settlement system

AssigneeForge Global, Inc.

InventorGreg Brogger

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Abstract

A computer-implemented method for performing a digital currency escrow swap on a network of nodes is disclosed. The method includes placing transfer orders through an intermediate node and sending signed transfer order transactions with digital wallets to an escrow swap node. The method further includes performing a transfer-in order finishing operation by requesting a transfer of digital currency to the escrow swap node and receiving the digital currency via the transfer-in node. For each sell order, digital securities are transferred to the escrow swap node via the transfer-out node. The digital securities are sent from the escrow swap node. For each transfer-out order, the digital currency is sent to the transfer-out node. The method includes an analogous operation to finish a transfer-out order.

Claims20

Dependent claims

A computer-implemented method for performing a digital currency escrow swap on a network of nodes, the method comprising:

(i) performing a transfer-in operation including:
receiving an indication of a transfer-in order placed by a transfer-in party node through an intermediate node;
sending attributes of the transfer-in order from the intermediate node to a common node;
forwarding an indication of an unsigned digital currency allowance transfer for the transfer-in order to the transfer-in party node;
signing an unsigned transfer-in order transfer received from the common node;
and
sending the signed transfer-in order transfer with a digital wallet to an escrow swap node;
(ii) performing a transfer-out operation including:
receiving an indication of a transfer-out order placed by a transfer-out party node through the intermediate node;
sending attributes of the transfer-out order from the intermediate node to the common node;
forwarding an indication of an unsigned digital currency allowance transfer for the transfer-out order to the transfer-out party node;
signing the unsigned transfer-out order transfer received from the common node;
sending the signed transfer-out order transfer with a digital wallet to the escrow swap node;
(iii) performing a transfer-in-order finishing operation including:
requesting a transfer of digital currency to the escrow swap node to finishing the transfer-in order;
receiving the requested digital currency via the transfer-in party node;
(a) for each transfer-out order:
requesting a transfer of digital securities to the escrow swap node;
and
transferring the digital securities to the escrow swap node via the transfer-out party node;
sending the digital securities from the escrow swap node to the transfer-in party node;
and
(b) for each transfer-out order, causing, by the escrow swap node, sending of the digital currency to the transfer-out party node;
(iv) performing a transfer-out-order finishing operation including:
requesting a transfer of digital securities to the escrow swap node;
receiving the requested digital securities by the escrow swap node via the transfer-out party node;
(a) for each transfer-in order:
requesting transfer of digital currency to the escrow swap node;
and
transferring the requested digital currency to the escrow swap node via the transfer-in party node;
sending the requested digital currency from the escrow swap node to the transfer-out party node;
and
(b) for each transfer-in order, causing, by the escrow swap node, sending of digital securities to the transfer-in party node.

30 more elements

A system comprising:

at least one hardware processor;
and
at least one non-transitory memory storing instructions, which, when executed by the at least one hardware processor, cause the system to:
(i) perform a transfer-in operation including causing the system to:
receive an indication of a transfer-in order placed by a transfer-in party node through an intermediate node;
send attributes of the transfer-in order from the intermediate node to a common node;
forward an indication of an unsigned digital currency allowance transfer for the transfer-in order to the transfer-in party node;
sign an unsigned transfer-in order transfer received from the common node;
and
send the signed transfer-in order transfer with a digital wallet to an escrow swap node;
(ii) perform a transfer-out operation including causing the system to:
receive an indication of a transfer-out order placed by a transfer-out party node through the intermediate node;
send attributes of the transfer-out order from the intermediate node to the common node;
forward an indication of an unsigned digital currency allowance transfer for the transfer-out order to the transfer-out party node;
sign the unsigned transfer-out order transfer received from the common node;
send the signed transfer-out order transfer with a digital wallet to the escrow swap node;
(iii) perform a transfer-in-order finishing operation including causing the system to:
request a transfer of digital currency to the escrow swap node to finishing the transfer-in order;
receive the requested digital currency via the transfer-in party node;
(a) for each transfer-out order:
request a transfer of digital securities to the escrow swap node;
and
transfer the digital securities to the escrow swap node via the transfer-out party node;
send the digital securities from the escrow swap node to the transfer-in party node;
and
(b) for each transfer-out order, cause, by the escrow swap node, to send of the digital currency to the transfer-out party node;
(iv) perform a transfer-out-order finishing operation including causing the system to:
request a transfer of digital securities to the escrow swap node;
receive the requested digital securities by the escrow swap node via the transfer-out party node;
(a) for each transfer-in order:
request transfer of digital currency to the escrow swap node;
and
transfer the requested digital currency to the escrow swap node via the transfer-in party node;
send the requested digital currency from the escrow swap node to the transfer-out party node;
and
(b) for each transfer-in order, cause, by the escrow swap node, to send of digital securities to the transfer-in party node.

33 more elements

A computer-readable storage medium, excluding transitory signals and carrying instructions, which, when executed by at least one data processor of a system, cause the system to:

(i) perform a transfer-in operation including causing the system to:
receive an indication of a transfer-in order placed by a transfer-in party node through an intermediate node;
send attributes of the transfer-in order from the intermediate node to a common node;
forward an indication of an unsigned digital currency allowance transfer for the transfer-in order to the transfer-in party node;
sign an unsigned transfer-in order transfer received from the common node;
and
send the signed transfer-in order transfer with a digital wallet to an escrow swap node;
(ii) perform a transfer-out operation including causing the system to:
receive an indication of a transfer-out order placed by a transfer-out party node through the intermediate node;
send attributes of the transfer-out order from the intermediate node to the common node;
forward an indication of an unsigned digital currency allowance transfer for the transfer-out order to the transfer-out party node;
sign the unsigned transfer-out order transfer received from the common node;
send the signed transfer-out order transfer with a digital wallet to the escrow swap node;
(iii) perform a transfer-in-order finishing operation including causing the system to:
request a transfer of digital currency to the escrow swap node to finishing the transfer-in order;
receive the requested digital currency via the transfer-in party node;
(a) for each transfer-out order:
request a transfer of digital securities to the escrow swap node;
and
transfer the digital securities to the escrow swap node via the transfer-out party node;
send the digital securities from the escrow swap node to the transfer-in party node;
and
(b) for each transfer-out order, cause, by the escrow swap node, to send of the digital currency to the transfer-out party node;
(iv) perform a transfer-out-order finishing operation including causing the system to:
request a transfer of digital securities to the escrow swap node;
receive the requested digital securities by the escrow swap node via the transfer-out party node;
(a) for each transfer-in order:
request transfer of digital currency to the escrow swap node;
and
transfer the requested digital currency to the escrow swap node via the transfer-in party node;
send the requested digital currency from the escrow swap node to the transfer-out party node;
and
(b) for each transfer-in order, cause, by the escrow swap node, to send of digital securities to the transfer-in party node.

30 more elements

Dependencies are inferred from the claim text.

Facts

Application: 17/547,089Filed 9 Dec 2021 · continuation
Priority: 27 Apr 2018
Published: US 2022/0101435 A131 Mar 2022
Granted: 20 Feb 2024
Term ends: Not estimatedThe source records don’t support an estimate.

Classification13 codes

G06Q 20/065
Private payment circuits, e.g. involving electronic currency used among participants of a common payment scheme: using e-cash
G06Q 40/04
Finance; Insurance; Tax strategies; Processing of corporate or income taxes: trading; Exchange, e.g. stocks, commodities, derivatives or currency…
G06Q 20/3678
Involving electronic purses or money safes: e-cash details, e.g. blinded, divisible or detecting double spending
G06Q 20/3825
Insuring higher security of transaction: use of electronic signatures

Family

Application62/663,889Us provisional application · filed 27 Apr 2018
Application16/397,852Parent of this continuation · filed 29 Apr 2019
US 2022/0101435 A1Pre-grant publication · published 31 Mar 2022
US 11,210,736 B2Parent of this continuation
US 2019/0333051 A1Published application
US 11,908,012 B2This patent

From the US filing history. Foreign family members aren’t listed.

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