Granted Patent B2

US 12,354,097 · App. 18/582,555 · Granted Jul 8, 2025

Inventors: Stefan Thomas (San Francisco, CA); Evan Schwartz (New York, NY)

Assignee: Interledger Foundation Inc.

G06Q20/401G06Q20/027G06Q20/405G06Q20/407G06Q20/42G06Q20/3823G06Q20/3829G06Q40/00G06Q2220/00G06Q2220/10

Abstract

Claims (9)

1. A computer-implemented system for resource transfer comprising:

a computing device adapted and configured to receive a message comprising a proposed transfer, wherein the proposed transfer comprises a source transfer of a first quantity of a first resource type from a first resource pool to a second resource pool and a destination transfer of a second quantity of a second resource type from a third resource pool to a fourth resource pool, receive a message indicating that a hold has been placed on a third quantity of the first resource type in the first resource pool, send at least one message associated with the performance of the destination transfer, receive a message indicating that a condition on the hold of the third quantity of the first resource type in the first resource pool has been fulfilled, and send an instruction to execute the source transfer of the first quantity of the first resource type from the first resource pool to the second resource pool.

2. The system of claim 1 , wherein the condition of the hold on the third quantity of the first resource type in the first resource pool is the receiving of a message that is a signed message from a trusted system.

3. The system of claim 1 , wherein the condition of the hold on the third quantity of the first resource type in the first resource pool is the receiving of a message that is a transfer confirmation receipt indicating that a first register that is in the third resource pool and is associated with the second resource type was decremented by the second quantity, and a second register that is in the fourth resource pool and is associated with the second resource type was incremented by the second quantity.

4. The system of claim 1 , wherein the computing device is further adapted to send the at least one message associated with the performance of the destination transfer by at least one of sending an authorization allowing the placement of a hold on a fourth quantity of the second resource type in the third resource pool and sending an instruction to execute the destination transfer of the second quantity of the second resource type from the third resource pool to the fourth resource pool.

5. The system of claim 1 , wherein the second resource pool and the third resource pool track resources controlled by a first party.

6. The system of claim 1 , wherein a value of the first quantity of the first resource type is greater than a value of the second quantity of the second resource type.

7. The system of claim 1 , wherein the message that a hold has been placed comprises a prepared transfer receipt signed with a private cryptographic key, and wherein the computing device is further adapted to verify the prepared transfer receipt with a public cryptographic key.

8. The system of claim 1 , wherein the resource type comprises a currency, cryptocurrency, financial instrument, commodity, or computational resource.

Assignments (4)

Continuity (4)

References Cited (155)