IP Library Granted Patent US 11,017,469
Granted Patent B2
US 11,017,469 · App. 15/669,870 · Granted May 25, 2021

System and method for manufacturing and trading securities and commodities

Inventors: Joseph D. Preston (Bainbridge Island, WA); William R. Rieger (Atlanta, GA); Dan Alan Preston (Bainbridge Island, WA); Brett C. Simpson (Richland, WA)
Assignee: Clarovia Holdings, LLC
G06Q40/04G06F9/465H04L9/3239H04L63/08H04L63/10H04L2209/38H04L2209/76
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Quick Facts
Patent No.
US 11,017,469
App. No.
15/669,870
Granted
May 25, 2021
Kind
B2
Abstract

Systems and methods are disclosed for a distributed trading system. The preferred invention offer solutions to problems that arise with High-Frequency Trading and the future of stock market regulation. The use of a distributed object brokered interface to facilitate transactions not only makes the trading faster but also more secure.

Claims (17)

1. A system comprising:

a first server comprising:

a first distributed ledger comprising first data for a trade of an object;

a first router with a first distributed object broker proxy to transmit the first distributed ledger;

a second server comprising:

a second distributed ledger comprising second data for the trade of the object;

a second router with a second distributed object broker proxy to transmit the second distributed ledger;

a third server comprising a third distributed object broker proxy to:

receive the first distributed ledger and the second distributed ledger;

authenticate the trade when the first data of the first distributed ledger matches the second data of the second distributed ledger and store data for the trade in a master ledger;

wherein the first router, the second router, and the third server are configured to only communicate with devices having a distributed object broker proxy.

2. The system of claim 1 wherein the third server transmits a confirmation code to the first router and the second router when the trade is authenticated to enable the object of the trade to be traded again.

3. The system of claim 1 wherein the object comprises one of a currency, a stock, and a precious metal.

4. The system of claim 1 wherein the object changes ownership upon authentication of the trade.

5. The system of claim 1 wherein the master ledger is a blockchain ledger.

6. The system of claim 1 wherein the first distributor ledger and the second distributed ledger are blockchain ledgers.

7. The system of claim 1 , wherein the third server authenticates the trade using a blockchain process.

Assignments (2)
ASSIGNMENT OF ASSIGNOR'S INTEREST Recorded Aug 25, 2021
From: ELIXSYS INC.
To: CLAROVIA HOLDINGS, LLC
Reel/Frame 057283/0488 →
ASSIGNMENT OF ASSIGNOR'S INTEREST Recorded Feb 8, 2018
From: PRESTON, JOSEPH D; PRESTON, DAN ALAN; RIEGER, WILLIAM R; SIMPSON, BRETT C
To: ELIXSYS INC.
Reel/Frame 044868/0013 →
Continuity (2)
Provisional Application 62371098 · Aug 4, 2016
Related Publication 20190026828A1 · Jan 24, 2019