Invention Grant
- Patent Title: Methods for exchanging and evaluating virtual currency
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Application No.: US16476312Application Date: 2018-01-08
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Publication No.: US11574291B2Publication Date: 2023-02-07
- Inventor: Eyal Hertzog , Guy Benartzi , Galia Benartzi , Yehuda Levi
- Applicant: Bprotocol Foundation , Localcoin Ltd.
- Applicant Address: CH Zug; IL Ramat-Gan
- Assignee: Bprotocol Foundation,Localcoin Ltd.
- Current Assignee: Bprotocol Foundation,Localcoin Ltd.
- Current Assignee Address: CH Zug; IL Ramat-Gan
- International Application: PCT/IL2018/050023 WO 20180108
- International Announcement: WO2018/127923 WO 20180712
- Main IPC: G06Q20/06
- IPC: G06Q20/06 ; G06F21/64 ; G06Q20/38 ; H04L9/32 ; G06Q20/10 ; H04L9/00

Abstract:
There may be provided a secure ledger network for executing cryptocurrency transactions, the secure ledger network includes at least one hardware processor, a non-transitory machine-readable storage medium having an executable computer readable program code, the at least one hardware processor configured to execute the computer-readable program code to: receive, by the secure ledger network, a request to validate a smart contract that determines at least one rule for performing a transaction related to a first cryptocurrency token, wherein an execution of the transaction comprising determining a price of the first cryptocurrency token based on a status of the first cryptocurrency token, and a status of an other cryptocurrency token; determine whether to validate the smart contract; when determining to validate the smart contract then updating a secure ledger maintained by the secure ledger network with the smart contract; receiving, by the secure ledger network, a request to execute a transaction related to the first cryptocurrency token; performing the transaction by executing, by the secure ledger network, the smart contract; and updating the secure ledger about a completion of the transaction.
Public/Granted literature
- US20200027067A1 METHODS FOR EXCHANGING AND EVALUATING VIRTUAL CURRENCY Public/Granted day:2020-01-23
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