Invention Grant
- Patent Title: Transfer costs and lock timeouts in a resource transfer system
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Application No.: US14875560Application Date: 2015-10-05
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Publication No.: US11023891B2Publication Date: 2021-06-01
- Inventor: Stefan Thomas , Evan Schwartz
- Applicant: RIPPLE LUXEMBOURG S.A.
- Applicant Address: LU Luxembourg
- Assignee: RIPPLE LUXEMBOURG S.A.
- Current Assignee: RIPPLE LUXEMBOURG S.A.
- Current Assignee Address: LU Luxembourg
- Agency: Butzel Long
- Main IPC: G06Q20/40
- IPC: G06Q20/40 ; G06Q20/02 ; G06Q20/42 ; G06Q40/00 ; G06Q20/38

Abstract:
Systems and techniques are provided for a resource transfer system. An instruction to transfer a first quantity of a resource from a first resource pool to a second resource pool may be received. A hold may be placed on a second quantity of the resource in the first resource pool. The held second quantity of the first resource may not be transferred from the first resource pool until the hold is released. Responsive to receiving a message that fulfills a condition on the hold and an instruction to execute the transfer, the hold may be released. A register that is in the first resource pool and is associated with the resource may decremented by the first quantity, and a register that is in the second resource pool and is associated with the resource may be incremented by the first quantity.
Public/Granted literature
- US11138606B2 Transfer costs and lock timeouts in a resource transfer system Public/Granted day:2021-10-05
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