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US 12,008,649 B1Granted
Blockchain instrument for transferable equity
AssigneeEquity Shift, Inc.
InventorThomas Marshall Gordon, III
Life of this patent
Estimating the term…
Abstract
Systems and methods for offering and purchasing tokenized securities on a blockchain platform meeting current and future federal, state, and offering and holding entity rules and regulations. Tokenized securities purchased during or after the tokenized securities offering are tradable on a secondary market. The server computer of the tokenized securities provides an automated transfer capability for tokenized securities holders.
Claims16
A system for performing transactions of tokenized securities, comprising:
- a platform including a server in network-based communication with a plurality of user devices;
- wherein the platform is operable to process and execute transactions of tokenized securities;
- wherein the platform includes a plurality of user profiles, one or more of which are associated with one or more financial accounts;
- wherein the platform receives a representation request from at least one first user profile designating at least one second user profile;
- wherein the platform receives a registration message from the at least one second user profile designating at least one supervisor and/or at least one firm with the at least one second user profile is affiliated;
- wherein the platform transmits an approval message to at least one user profile corresponding to the at least one designated supervisor and/or the at least one designated firm;
- wherein, upon receiving an affirmative response to the approval message from the at least one user profile corresponding to the at least one designated supervisor and/or the at least one designated firm, the platform automatically adds the at least one second user profile to a whitelist of registered brokers and/or financial advisors;
- wherein the representation request includes permission for the at least one second user profile to buy or sell assets on behalf of the at least one first user profile and one or more payment terms;
- wherein the platform automatically generates at least one contract between the at least one first user profile and the at least one second user profile based on the one or more payment terms;
- wherein the platform automatically transfers funds from at least one financial account associated with the at least one first user profile to at least one financial account associated with the at least one second user profile based on the one or more payment terms;
- and
- wherein the at least one second user profile sends a suggestion message to the at least one first user profile, wherein the suggestion message includes a recommendation to buy or sell one or more tokenized securities;
- and
- wherein the suggestion message is recorded on at least one immutable ledger;
- wherein the at least one first user profile does not accept or wherein the at least one first user profile rejects the suggestion message;
- wherein the at least one first user profile buys or sells the one or more tokenized securities in accordance with the recommendation, causing the platform to automatically transfer funds from the at least one financial account associated with the at least one first user profile to the at least one financial account associated with the at least one second user profile.
13 more elements
A system for performing transactions of tokenized securities, comprising:
- a platform including a server in network-based communication with a plurality of user devices;
- wherein the platform is operable to process and execute transactions of tokenized securities;
- wherein the platform includes a plurality of user profiles, one or more of which are associated with one or more financial accounts;
- wherein the platform receives an advisor designation request from at least one first user profile designating at least one second user profile;
- wherein the platform receives a registration message from the at least one second user profile designating at least one supervisor and/or at least one firm with the at least one second user profile is affiliated;
- wherein the platform transmits an approval message to at least one user profile corresponding to the at least one designated supervisor and/or the at least one designated firm;
- wherein, upon receiving an affirmative response to the approval message from the at least one user profile corresponding to the at least one designated supervisor and/or the at least one designated firm, the platform automatically adds the at least one second user profile to a whitelist of registered financial advisors;
- wherein the advisor designation request includes permission for the at least one second user profile to view the assets held by the at least one first user profile and one or more payment terms;
- wherein the at least one second user profile transmits at least one suggestion message to the at least one first user profile including a recommendation to buy or sell one or more tokenized securities;
- wherein the suggestion message is recorded on at least one immutable ledger;
- wherein the at least one first user profile accepting the at least one suggestion message causes the platform to automatically transfer funds from at least one financial account associated with the at least one first user profile to at least one financial account associated with the at least one second user profile;
- wherein the platform automatically generates at least one contract between the at least one first user profile and the at least one second user profile based on the one or more payment terms;
- and
- wherein the at least one first user profile not accepting the at least one suggestion message and subsequently buying or selling the one or more tokenized securities in accordance with the recommendation causes the platform to automatically transfer funds from the at least one financial account associated with the at least one first user profile to the at least one financial account associated with the at least one second user profile.
11 more elements
A system for performing transactions of tokenized securities, comprising:
- a platform including a server in network-based communication with a plurality of user devices;
- wherein the platform is operable to process and execute transactions of tokenized securities;
- wherein the platform includes a plurality of user profiles, one or more of which are associated with one or more financial accounts;
- wherein the platform receives a permission access request from at least one first user profile designating at least one second user profile;
- wherein the platform receives a registration message from the at least one second user profile designating at least one supervisor and/or at least one firm with the at least one second user profile is affiliated;
- wherein the platform transmits an approval message to at least one user profile corresponding to the at least one designated supervisor and/or the at least one designated firm;
- wherein, upon receiving an affirmative response to the approval message from the at least one user profile corresponding to the at least one designated supervisor and/or the at least one designated firm, the platform automatically adds the at least one second user profile to a whitelist of registered brokers and/or financial advisors;
- wherein the advisor designation request includes a permission for the at least one second user profile to view the assets held by the at least one first user profile and/or a permission for the at least one second user profile to buy and sell assets on behalf of the at least one first user profile and one or more payment terms;
- wherein the at least one second user profile transmits at least one suggestion message to the at least one first user profile including a recommendation to buy or sell one or more tokenized securities;
- wherein the suggestion message is recorded on at least one immutable ledger;
- and
- wherein the at least one first user profile accepts the at least one suggestion message, and the platform automatically transfers funds from at least one financial account associated with the at least one first user profile to at least one financial account associated with the at least one second user profile.
9 more elements
Dependencies are inferred from the claim text.