# US 12,112,380 B2 · Systems and methods for the regulated trading of registered equities with the securities and exchange commission on an immutable blockchain with settlement into the broker dealer ecosystem > Agents: this data is available as JSON from the patentgrep API and MCP server — see https://patentgrep.com/llms.txt - Number: US 12,112,380 B2 - Document ID: US12112380B2 - Status: Granted - Kind: B2 - Application number: 18/497,612 - Filed: 2023-10-30 - Published: 2024-02-22 - Granted: 2024-10-08 - Earliest claimed: 2021-02-12 - Assignees: Blackstar Enterprises Group, Inc. - Applicants: Blackstar Enterprises Group, Inc. - Inventors: Joe Kurczodyna; Matthew Baldwin - Web page: https://patentgrep.com/patent/US12112380B2 ## CPC - G06Q 40/04: Trading; Exchange, e.g. stocks, commodities, derivatives or currency exchange - G06Q 20/0655: {e-cash managed centrally} - G06Q 20/38215: {Use of certificates or encrypted proofs of transaction rights} - G06Q 20/3827: {Use of message hashing} - G06Q 20/389: {Keeping log of transactions for guaranteeing non-repudiation of a transaction} - G06Q 20/405: {Establishing or using transaction specific rules} - G06Q 40/06: Asset management; Financial planning or analysis - G06Q 40/10: Tax strategies - G06Q 40/12: Accounting - H04L 9/3297: {involving time stamps, e.g. generation of time stamps} - G06Q 30/018: Certifying business or products - H04L 9/50: {using hash chains, e.g. blockchains or hash trees} - H04L 2209/56: Financial cryptography, e.g. electronic payment or e-cash - G06Q: INFORMATION AND COMMUNICATION TECHNOLOGY [ICT] SPECIALLY ADAPTED FOR ADMINISTRATIVE, COMMERCIAL, FINANCIAL, MANAGERIAL OR SUPERVISORY PURPOSES; SYSTEMS OR METHODS SPECIALLY ADAPTED FOR ADMINISTRATIVE, COMMERCIAL, FINANCIAL, MANAGERIAL OR SUPERVISORY PURPOSES, NOT OTHERWISE PROVIDED FOR - H04L: TRANSMISSION OF DIGITAL INFORMATION, e.g. TELEGRAPHIC COMMUNICATION (arrangements common to telegraphic and telephonic communication H04M) ## Abstract The present invention discloses a system and method of trading registered equities with the Securities and Exchange Commission on an immutable blockchain on an immutable blockchain, while also integrating with the rules and regulations of the existing brokerage ecosystem. In these systems and methods, customers are invited by at least one broker dealer to participate as a user on the digital trading platform to take a cash immutable action that comprises the placement of at least one of an order, bid or offer. The action, containing a digital price, is then entered into the digital trading platform, stored on the platform and used to facilitate a spot market transaction between a buyer and a seller. ## Claims ### Claim 1 A computer-implemented method for regulated trading of equities on an immutable blockchain, the method comprising: in real time, with trading software executing on a digital trading platform: inviting at least one customer of at least one broker dealer to: participate as a user on the digital trading platform; and to take at least one action, wherein the at least one action comprises the placement of at least one of an order, bid or offer; receiving the at least one of an order, bid or offer, wherein the at least one of the order, bid or offer comprises at least one digital price; encrypting the at least one of an order, bid or offer as encrypted data; storing the encrypted data and the at least one digital price on a blockchain, such that the at least one of an order, bid or offer is cash immutable and creates an immutably verifiable record that is time-stamped and that cannot be subject to subsequent data entry manipulation; providing a quote of the at least one digital price in order to facilitate at least one transaction; regulating the at least one transaction by providing at least some access of the at least one transaction on the digital trading platform to at least one regulatory entity; and completing the at least one transaction by integrating with an existing brokerage ecosystem. ### Claim 2 (depends on 1) The method of claim 1, wherein the regulated equities that are traded on the immutable blockchain are registered. ### Claim 3 (depends on 1) The method of claim 1, wherein the at least one regulatory entity is the Securities and Exchange Commission (SEC). ### Claim 4 (depends on 1) The method of claim 1, wherein the at least one regulatory entity is the Financial Industry Regulatory Authority (FINRA). ### Claim 5 (depends on 1) The method of claim 1, wherein the at least one of an order, bid or offer is entered into the software by the at least one broker dealer. ### Claim 6 (depends on 1) The method of claim 1, wherein the at least one of an order, bid or offer is entered into the software directly by the user. ### Claim 7 (depends on 1) The method of claim 1, wherein the at least one regulatory entity is provided with a single data interface and consolidated history of the at least one transaction. ### Claim 8 (depends on 1) The method of claim 1, wherein the at least one broker dealer is charged a fee for facilitating the at least one transaction on the digital trading platform. ### Claim 9 (depends on 1) The method of claim 1, wherein the immutable blockchain technology prevents order manipulation. ### Claim 10 (depends on 1) The method of claim 1, further comprising cryptographically verifying the at least one of an order, bid or offer on the blockchain. ### Claim 11 (depends on 1) The method of claim 1, wherein the at least one of an order, bid or offer comprises a bid, ask, trade, cancellation, or modification. ### Claim 12 (depends on 1) The method of claim 1, further comprising encrypting personally identifiable information regarding the at least one customer such that only certificate holders can access the personally identifiable information. ### Claim 13 (depends on 1) The method of claim 1, further comprising accessing or reviewing the at least one digital price on the blockchain. ### Claim 14 (depends on 1) The method of claim 1, further comprising storing transaction data regarding the least one of an order, bid or offer on a cloud server different than the blockchain. ### Claim 15 (depends on 1) The method of claim 1, wherein the equities comprise stock shares, debts, notes payable, equity agreements, options, or warrants. ### Claim 16 A computer-implemented method for regulated trading of equities on an immutable blockchain, the method comprising: in real time, with trading software executing on a digital trading platform: inviting at least one customer of at least one broker dealer to: participate as a user on the digital trading platform; and to take at least one action, wherein the at least one action comprises the placement of at least one of an order, bid or offer; receiving the at least one of an order, bid or offer, wherein the at least one of the order, bid or offer comprises at least one digital price; encrypting the at least one of an order, bid or offer as encrypted data; storing the encrypted data and the at least one digital price on a blockchain, such that the at least one of an order, bid or offer is cash immutable and creates an immutably verifiable record that is time-stamped and that cannot be subject to subsequent data entry manipulation; providing a quote of the at least one digital price in order to facilitate at least one transaction; regulating the at least one transaction by providing at least some access of the at least one transaction on the digital trading platform to at least one regulatory entity; completing the at least one transaction by integrating with an existing brokerage ecosystem; and charging the at least one broker dealer for facilitating the invitation of the at least one customer to use the digital trading platform. ### Claim 17 (depends on 16) The method of claim 16, wherein the regulated equities that are traded on the immutable blockchain are registered. ### Claim 18 (depends on 16) The method of claim 16, wherein the at least one governing entity is provided with a single data interface and consolidated history of the at least one transaction. ### Claim 19 (depends on 1) The method of claim 1, wherein the at least one broker dealer is charged a fixed fee for facilitating the at least one transaction on the digital trading platform. ### Claim 20 A computer-implemented method for regulated trading of equities on an immutable blockchain, the method comprising: in real time, with trading software executing on a digital trading platform: inviting at least two customers of at least one broker dealer to: participate as users on the digital trading platform; and to take at least one action by each of the two users, wherein the at least one action by each of the two users comprises the placement of at least one of an order, bid or offer; receiving the at least one of an order, bid or offer by each of the two users, wherein the at least one of the order, bid or offer by each of the two users comprises at least two digital prices; encrypting the at least one of an order, bid or offer by each of the two users as encrypted data; storing the encrypted data and the at least two digital prices on a blockchain, such that each order, bid or offer is cash immutable and creates an immutably verifiable record that is time-stamped and that cannot be subject to subsequent data entry manipulation; providing a quote of the at least two digital prices in order to facilitate at least one transaction; regulating the at least one transaction by providing at least some access of the at least one transaction on the digital trading platform to at least one regulatory entity; and completing the at least one transaction by integrating with an existing brokerage ecosystem.