Systems And Methods For Transferring Digital Assets Using A De-centralized Exchange

  • Published: Apr 7, 2016
  • Earliest Priority: Sep 30 2014
  • Family: 2
  • Cited Works: 0
  • Cited by: 0
  • Cites: 5
  • Additional Info: Full text
Abstract

Systems and methods for transferring digital assets amongst a network of distributed users without the need to transfer the assets to an external party, such as an escrow agent, are provided. The transferring of assets may be in the form of electronic transactions between pluralities of currencies or assets. Temporary and localized escrow services may be created on a user terminal for safely overseeing the process of transferring digital assets. The trade instructions and execution orders for the transfer of assets may be validated over a de-centralized network of user terminals, such as the user terminals of traders. This type of network allows secure peer-to-peer electronic transactions to occur between distributed and anonymous users or participants, which are assumed to be trustless. In such networks, the transactions may be handled by cryptographic mathematical algorithms and which are known to be identical across all users or participants of the same network.


Claims
Download PDF
Document Preview
Document History
  • Publication: Apr 7, 2016
  • Application: Sep 24, 2015
    WO US 2015/0052053 W
  • Priority: Aug 5, 2015
    US US 201562201425 P
  • Priority: Sep 30, 2014
    US US 201462057512 P

Download Citation


Sign in to the Lens

Feedback