EXECUTING TRANSACTIONS IN BLOCKCHAIN SYSTEMS VIA TOKEN POOLS WITH CONVERTIBLE TOKENS

    公开(公告)号:US20250005559A1

    公开(公告)日:2025-01-02

    申请号:US18346081

    申请日:2023-06-30

    Abstract: Certain aspects provide techniques and apparatus for efficiently executing reversible transactions on a blockchain. An example method generally includes aggregating tokens from a plurality of wallets into a global pool of tokens. Generally, the global pool of tokens comprises a first type of token and a second type of token. A request to exchange a first quantity of the first type of token stored in a wallet to a second type of token is received. A second quantity of the second type of token to transfer to the wallet is calculated based, at least in part, on a ratio of the first type of token to the second type of token in the global pool of tokens. The first quantity of the first type of token is transferred to the global pool of tokens, and the second quantity of the second type of token is transferred to the wallet.

    Bridging Blockchains
    2.
    发明公开

    公开(公告)号:US20240202679A1

    公开(公告)日:2024-06-20

    申请号:US18127583

    申请日:2023-03-28

    CPC classification number: G06Q20/0658 G06Q20/3823 G06Q20/389

    Abstract: Certain aspects of the present disclosure provide techniques for performing a blockchain-based transaction, comprising: executing a first process on a first blockchain, including: causing a first amount of cryptocurrency to be burned on the first blockchain according to a burn operation; formatting a message to include one or more details of the burn operation; and emitting the message to an event log associated with the first blockchain; requesting an attestation from an attestation service based on a hash of the message emitted to the event log; receiving the attestation from the attestation service; and executing a second process on a second blockchain, including: providing the message and the attestation to the second blockchain; and causing a second amount of cryptocurrency to be minted on the second blockchain based on the message.

Patent Agency Ranking