Crypto multiple security asset creation and redemption platform
AssigneetZERO IP, LLC
InventorsAlec Wilkins, Robert Christensen, John Wesley Welborn, John Tabacco, Glen Nickle
Life of this patent
Estimating the term…
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AssigneetZERO IP, LLC
InventorsAlec Wilkins, Robert Christensen, John Wesley Welborn, John Tabacco, Glen Nickle
Estimating the term…
A cryptographic asset trading system comprises circuitry configured to: receive creation request for share(s) of digital fund token serving as digital representation of fund of assets, creation request comprising digital signature of first cryptographic key associated with first account; in response to receiving creation request: place respective quantity of each of plurality of different assets represented by share(s) of digital fund token into escrow account associated with cryptographic asset trading system as collateral for digital fund token; create and transfer digital fund token to first account by cryptographically signing digital fund token with second cryptographic key associated with cryptographic asset trading system; and record creation and transfer of digital fund token to first account on distributed ledger thereby requiring cryptographic signing with first cryptographic key associated with first account to: (i) redeem digital fund token from first account or (ii) transfer digital fund token from first account to second account.
A cryptographic asset trading system comprising:
A method comprising:
A non-transitory computer-readable storage medium including a set of instructions that, when executed by programable circuitry, cause the programable circuitry to:
Dependencies are inferred from the claim text.