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US Patent 11295359 Nested conditions for blockchain-enforced contracts

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Is a
Patent
Patent
0

Patent attributes

Patent Jurisdiction
United States Patent and Trademark Office
United States Patent and Trademark Office
0
Patent Number
112953590
Patent Inventor Names
Steffano Santiago Chavez0
Nicole Antonio Maulino0
Ryan Yi-Lin Tai0
Brian John Mullins0
Kay Sueru Feker0
Michael Andrew Tomkins0
Date of Patent
April 5, 2022
0
Patent Application Number
159921210
Date Filed
May 29, 2018
0
Patent Citations Received
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US Patent 11922402 System and method for authorizing blockchain network transactions
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US Patent 11750417 Method for establishing communication connection
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US Patent 11416449 Method of synchronous deletion for distributed storage system
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US Patent 11880809 Blockchain cross-chain non-fungible token exchange
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Patent Primary Examiner
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Peter Ludwig
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CPC Code
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G06Q 30/04
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G06Q 10/0837
0

In one embodiment, a method includes receiving one or more selected options for one or more of multiple contract conditions generated based on transaction information associated with a request to create a blockchain-related invoice and generating instructions for a blockchain-enforced contract based on the transaction information and the one or more selected options. The instructions for the blockchain-enforced contract correspond to a first nested contract including a first contract condition required for a transfer of a value and a second nested contract including a second contract condition required for at least a partial reversal of the transfer of the value. The method also includes, in response to receiving an input regarding the second contract condition, cause the instructions for the blockchain-enforced contract to be executed on a blockchain network.

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