IP Library Patent Application 18051810
Patent Application
App. No. 18/051,810

SMART CONTRACT DIGITAL ASSET MANAGEMENT UNIT

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Quick Facts
Patent No.
US None
App. No.
18/051,810
Abstract

A computing entity of a digital asset-based interaction system includes memory and a smart contract digital asset management unit including a digital asset-based interaction interface. The digital asset-based interaction interface is associated with a digital asset-based interaction computing entity of the digital asset-based interaction system. The digital asset-based interaction interface is operable to interface with the digital asset-based interaction computing entity to execute one or more digital asset-based interactions between the computing entity and one or more other computing entities. The digital asset-based interaction interface is further operable to interface with a self-enforcing smart contract associated with the computing entity and the digital asset-based interaction computing entity to manage one or more digital assets.

Claims (81)

1 . A computing entity of a digital asset-based interaction system, the computing entity comprises:

memory; and

a smart contract digital asset management unit including a digital asset-based interaction interface, wherein the digital asset-based interaction interface is associated with a digital asset-based interaction computing entity of the digital asset-based interaction system, and wherein the digital asset-based interaction interface is operable to:

interface with the digital asset-based interaction computing entity to execute one or more digital asset-based interactions between the computing entity and one or more other computing entities of the digital asset-based interaction system, wherein a digital asset-based interaction of the one or more the digital asset-based interactions includes a real-time digital asset-based interaction process and a nonreal-time digital asset-based interaction process, and wherein the computing entity uses a first digital asset and the one or more other computing entities accept assets in a desired asset format; and

interface with a self-enforcing smart contract associated with the computing entity and the digital asset-based interaction computing entity to manage one or more digital assets, wherein the one or more digital assets includes the first digital asset.

2 . The computing entity of claim 1 , wherein the digital asset-based interaction interface is operable to interface with the self-enforcing smart contract to manage the one or more digital assets by one or more of:

depositing the one or more digital assets to an account of the self-enforcing smart contract, wherein the account is associated with the computing entity;

withdrawing at least a portion of the one or more digital assets from the account of the self-enforcing smart contract;

transferring the one or more digital assets to an address associated with the digital asset-based interaction computing entity, wherein the digital asset-based interaction computing entity is operable to deposit the one or more digital assets to the account of the self-enforcing smart contract; and

sending a request to withdrawal the at least the portion of the one or more digital assets to the digital asset-based interaction computing entity, wherein the digital asset-based interaction computing entity is operable to withdraw the one or more digital assets from the account of the self-enforcing smart contract on behalf of the computing entity.

3 . The computing entity of claim 2 , wherein the digital asset-based interaction interface is operable to interface with the self-enforcing smart contract to deposit the one or more digital assets by one or more of:

depositing the one or more digital assets to store the one or more digital assets in the account of the self-enforcing smart contract; and

depositing the first digital asset in the account of the self-enforcing smart contract for the digital asset-based interaction.

4 . The computing entity of claim 1 , wherein the digital asset-based interaction interface is operable to interface with the digital asset-based interaction computing entity to execute the real-time digital asset-based interaction process by:

exchanging an amount of the first digital asset for a substantially equivalent amount of the assets in the desired asset format; and

providing the substantially equivalent amount of the assets in the desired asset format to the one or more other computing entities.

5 . The computing entity of claim 1 , wherein the digital asset-based interaction interface is operable to interface with the digital asset-based interaction computing entity to execute the nonreal-time digital asset-based interaction process by:

locking an amount of system digital assets to back the digital asset-based interaction, wherein one or more staking computing entities provide system digital assets to the digital asset-based interaction computing entity to back the digital asset-based interactions;

implementing a nonreal-time verification process associated with the first digital asset to verify the amount of the first digital asset;

when the amount of first digital asset obtained from the computing entity is verified by the nonreal-time verification process:

unlocking the amount of system digital assets; and

when the amount of first digital asset obtained from the computing entity is not verified by the nonreal-time verification process:

consuming the amount of system digital assets.

6 . The computing entity of claim 1 , wherein the digital asset-based interaction interface is operable to:

provide one or more data inputs to the self-enforcing smart contract to indicate one or more of:

the initiation of the digital asset-based interaction;

information pertaining to the digital asset-based interaction; and

a computing entity request regarding management of the one or more digital assets.

7 . The computing entity of claim 6 , wherein the information pertaining to the digital asset-based interaction includes one or more of:

an amount of the digital asset-based interaction;

an item involved in the digital asset-based interaction;

the type of the first digital asset;

the type of the one or more other digital assets;

an identifier of the computing entity; and

an identifier of the one or more other computing entities.

8 . The computing entity of claim 1 further comprises:

a display; and

one or more scanning devices.

9 . The computing entity of claim 8 , wherein the smart contract digital asset management unit further comprises:

a scanning interface coupled to the one or more scanning devices.

10 . A digital asset-based interaction system comprises:

a digital asset-based interaction computing entity operable to facilitate one or more digital asset-based interactions between a first computing entity and one or more other computing entities of the digital asset-based interaction system, wherein a digital asset-based interaction of the one or more the digital asset-based interactions includes a real-time digital asset-based interaction process and a nonreal-time digital asset-based interaction process, and wherein the first computing entity uses a first digital asset and the one or more other computing entities accept assets in a desired asset format;

one or more staking computing entities operable to back the one or more digital asset-based interactions with system digital assets; and

a first computing entity including a smart contract digital asset management unit including a digital asset-based interaction interface, wherein the digital asset-based interaction interface is associated with the digital asset-based interaction computing entity, and wherein the digital asset-based interaction interface is operable to:

interface with the digital asset-based interaction computing entity to execute the one or more digital asset-based interactions; and

interface with a self-enforcing smart contract associated with the first computing entity and the digital asset-based interaction computing entity to manage one or more digital assets, wherein the one or more digital assets includes the first digital asset.

11 . The digital asset-based interaction system of claim 10 , wherein the digital asset-based interaction interface is operable to interface with the self-enforcing smart contract to manage the one or more digital assets by one or more of:

depositing the one or more digital assets to an account of the self-enforcing smart contract, wherein the account is associated with the first computing entity;

withdrawing at least a portion of the one or more digital assets from the account of the self-enforcing smart contract;

transferring the one or more digital assets to an address associated with the digital asset-based interaction computing entity, wherein the digital asset-based interaction computing entity is operable to deposit the one or more digital assets to the account of the self-enforcing smart contract; and

sending a request to withdrawal the at least the portion of the one or more digital assets to the digital asset-based interaction computing entity, wherein the digital asset-based interaction computing entity is operable to withdraw the one or more digital assets from the account of the self-enforcing smart contract on behalf of the first computing entity.

12 . The digital asset-based interaction system of claim 11 , wherein the digital asset-based interaction interface is operable to interface with the self-enforcing smart contract to deposit the one or more digital assets by one or more of:

depositing the one or more digital assets to store the one or more digital assets in the account of the self-enforcing smart contract; and

depositing the first digital asset in the account of the self-enforcing smart contract for the digital asset-based interaction.

13 . The digital asset-based interaction system of claim 10 , wherein the digital asset-based interaction computing entity is operable to execute the real-time digital asset-based interaction process by:

exchanging an amount of the first digital asset for a substantially equivalent amount of the assets in the desired asset format; and

providing the substantially equivalent amount of the assets in the desired asset format to the one or more other computing entities.

14 . The digital asset-based interaction system of claim 10 , wherein the digital asset-based interaction computing entity is operable to execute the nonreal-time digital asset-based interaction process by:

locking an amount of the system digital assets to back the digital asset-based interaction, wherein the one or more staking computing entities provided the amount of the system digital to back the digital asset-based interaction;

implementing a nonreal-time verification process associated with the first digital asset to verify the amount of the first digital asset;

when the amount of first digital asset obtained from the computing entity is verified by the nonreal-time verification process:

unlocking the amount of system digital assets; and

when the amount of first digital asset obtained from the first computing entity is not verified by the nonreal-time verification process:

consuming the amount of system digital assets.

15 . The digital asset-based interaction system of claim 10 , wherein on or more of the digital asset-based interaction computing entity and the digital asset-based interaction interface is operable to:

provide one or more data inputs to the self-enforcing smart contract to indicate one or more of:

the initiation of the digital asset-based interaction;

information pertaining to the digital asset-based interaction; and

a request regarding management of the one or more digital assets.

16 . The digital asset-based interaction system of claim 15 , wherein the information pertaining to the digital asset-based interaction includes one or more of:

an amount of the digital asset-based interaction;

an item involved in the digital asset-based interaction;

the type of the first digital asset;

the type of the one or more other digital assets;

an identifier of the computing entity; and

an identifier of the one or more other computing entities.

17 . The digital asset-based interaction system of claim 10 , wherein the first computing entity further comprises:

a display; and

one or more scanning devices.

18 . The digital asset-based interaction system of claim 17 , wherein the smart contract digital asset management unit further comprises:

a scanning interface coupled to the one or more scanning devices.

Assignments (2)
CHANGE OF NAME Recorded Jul 12, 2023
From: FLEXA NETWORK INC.
To: FLEXA INC.
Reel/Frame 064256/0585 →
ASSIGNMENT OF ASSIGNOR'S INTEREST Recorded Nov 2, 2022
From: FILTER, TREVOR; KILGORE, ZACHARY; SPALDING, TYLER ROBERT
To: FLEXA NETWORK INC.
Reel/Frame 061836/0230 →