IP Library Granted Patent US 11,438,327
Granted Patent B2
US 11,438,327 · App. 17/576,852 · Granted Sep 6, 2022

Systemized blockchain reconciliation in a hybrid distributed network ecosystem

Inventors: Daniel Cage (Atlanta, GA); Padmakar Kankipati (Marietta, GA); Norman R. Silverman (Dallas, TX)
Assignee: SpeedChain, Inc.
H04L63/083G06F16/13G06F16/182G06N20/00G06Q10/067G06Q20/3678G06Q20/3821H04L9/0637H04L9/0894H04L9/14
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Quick Facts
Patent No.
US 11,438,327
App. No.
17/576,852
Granted
Sep 6, 2022
Kind
B2
Abstract

A method for use in a hybrid network ecosystem comprising an enterprise network and a reconciliation network is presented. The method comprises generating, by at least one first computing node in the enterprise network or the reconciliation network, a first digital facilitator, wherein the first digital facilitator provides one or more parameters for accessing or distributing data on a distributed ledger in the enterprise network, and wherein a private key is used for performing a computing operation, based on the data, in the enterprise network. The method also comprises generating, by the at least one first computing node in the enterprise network or the reconciliation network or at least one second computing node in the enterprise network or the reconciliation network, a second digital facilitator, wherein the second digital facilitator provides the one or more parameters for accessing or distributing the data in the reconciliation network.

Claims (49)

1. A method for use in a first network and a second network, the method comprising:

storing a first digital facilitator in a first distributed ledger in the first network;

accessing, by at least one first computing system in the first network, the first digital facilitator, wherein the first digital facilitator provides one or more parameters for initiating a first computing operation in the first network, wherein an identifier is used for initiating the first computing operation in the first network, wherein the first computing operation is a non-anonymously-initiated computing operation, and wherein the identifier is associated with and separate from a private key known only to a user associated with the initiation of the non-anonymously-initiated computing operation:

initiating the first computing operation in the first network;

tracking data associated with the first computing operation using the identifier separate from the private key;

updating the first distributed ledger based on the first computing operation;

storing a second digital facilitator across the first distributed ledger or a second distributed ledger;

distributing the data associated with the first computing operation initiated in the first network, or second data, associated with or based on the data, in the second network;

distributing the data or the second data in the second network;

updating the first distributed ledger based on the first computing operation, wherein the data or the second data is used in an artificially intelligent computing operation or a machine learning operation; and

synchronizing the first distributed ledger with a second distributed ledger.

2. The method of claim 1 , wherein the tracking data associated with the first computing operation comprises at least one of a volume, a frequency, or a velocity.

3. The method of claim 1 , wherein the first digital facilitator comprises an issuance digital facilitator or an issuance smart contract.

4. The method of claim 1 , wherein the second digital facilitator comprises a reconciliation digital facilitator or a reconciliation smart contract.

5. The method of claim 1 , wherein the one or more parameters comprises time-based parameters, geographical or network location-based parameters, identity-based parameters, or amount-based parameters.

6. The method of claim 1 , wherein the first computing operation comprises a digital token-based computing operation.

7. The method of claim 1 , wherein the first computing operation comprises an asset-transferring computing operation.

8. The method of claim 1 , wherein the data or the second data is at least one of recoverable, traceable, storable, or transmittable.

9. The method of claim 1 , wherein the identifier enables authorization for the initiation of the first computing operation in the first network.

10. The method of claim 1 , wherein a recipient of the data or the second data in the second network is unable to initiate a second computing operation in the first network.

11. The method of claim 1 , wherein the data or the second data is associated with a digital wallet.

12. The method of claim 1 , wherein the data or the second data comprises, is comprised in, or is based on a token, and wherein the token is associated with a physical or digital asset.

13. The method of claim 1 , wherein the data or the second data does not comprise a token.

14. The method of claim 1 , wherein the data or the second data comprises remittance data.

15. The method of claim 1 , wherein the one or more parameters associated with issuance or generation of the first digital facilitator is used for generating the identifier associated with and separate from the private key.

16. The method of claim 1 , wherein the private key is generated by the first or second network when the user joins or accesses the first or second network.

17. A method for use in a first network and a second network, the method comprising:

storing a first digital facilitator across a first distributed ledger;

accessing, using one or more computing device processors, the first digital facilitator, wherein the first digital facilitator provides one or more parameters for executing a first computing operation in the first network, wherein an identifier is used for executing the first computing operation in the first network, wherein the first computing operation is a non-anonymously-initiated computing operation, and wherein the identifier is associated with and separate from a private key known to a user associated with the initiation of the non-anonymously-initiated computing operation;

executing, using the one or more computing device processors, the first computing operation in the first network;

tracking data associated with the first computing operation using the identifier separate from the private key;

updating the first distributed ledger based on the first computing operation;

storing a second digital facilitator across the first distributed ledger or a second distributed ledger;

executing, using the one or more computing device processors, a second computing operation in the second network, wherein the second computing operation is based on the data associated with the first computing operation in the first network;

updating the first distributed ledger or the second distributed ledger based on the executing the second computing operation, wherein the data is used in an artificially intelligent computing operation or a machine learning operation; and

synchronizing the first distributed ledger with the second distributed ledger.

18. The method of claim 17 , wherein the second computing operation comprises a data transmission or distribution operation, and wherein the identifier is generated by the first network based on creation of the private key.

19. One or more apparatuses for use in a first and a second network, the one or more apparatuses comprising one or more computing device processors configured for:

storing a first digital facilitator across a first distributed ledger;

accessing the first digital facilitator, wherein the first digital facilitator provides one or more parameters for executing a first computing operation in the first network, wherein an identifier is used for executing the first computing operation in the second network, wherein the first computing operation is a non-anonymously initiated computing operation, and wherein the identifier is associated with and separate from a private key known to a user associated with the execution of the non-anonymously-initiated computing operation;

executing the first computing operation in the first network;

tracking data associated with the first computing operation using the identifier separate from the private key;

updating the first distributed ledger based on the first computing operation;

storing a second digital facilitator across the first distributed ledger or a second distributed ledger;

executing a second computing operation in the second network, wherein the second computing operation is based on the data associated with the first computing operation in the first network;

tracking second data associated with the second computing operation using the identifier separate from the private key;

updating the first distributed ledger or the second distributed ledger based on the executing the second computing operation, wherein the data or the second data is used in an artificially intelligent computing operation or a machine learning operation; and

synchronizing the first distributed ledger with the second distributed ledger.

20. The one or more apparatuses of claim 19 , wherein the one or more computing device processors are located in at least two different geographical locations.

Assignments (3)
SECURITY INTEREST Recorded Sep 8, 2025
From: SPEEDCHAIN, INC.
To: CELF 41-I LLC
Reel/Frame 072191/0500 →
ASSIGNMENT OF ASSIGNOR'S INTEREST Recorded Aug 9, 2022
From: CAGE, DANIEL; KANKIPATI, PADMAKAR; SILVERMAN, NORMAN R.
To: MOX-SPEEDCHAIN, LLC
Reel/Frame 060759/0552 →
CHANGE OF NAME Recorded Aug 9, 2022
From: MOX-SPEEDCHAIN, LLC
To: SPEEDCHAIN, INC.
Reel/Frame 061130/0194 →
Continuity (10)
Continuation In Part 17187434 · Feb 26, 2021
Continuation In Part PCTUS2019068705 · Dec 27, 2019
Continuation 16414524 · May 16, 2019
Continuation In Part 16414536 · May 16, 2019
Continuation In Part 16414530 · May 16, 2019
Continuation In Part 16414516 · May 16, 2019
Provisional Application 62981970 · Feb 26, 2020
Provisional Application 62888167 · Aug 16, 2019
Provisional Application 62786202 · Dec 28, 2018
Related Publication 20220200981A1 · Jun 23, 2022