Complex number tokenization using a distributed ledger
View Patent ↗To record an exchange of value in a distributed ledger, a client device interacts with a distributed ledger maintained by participants in a distributed ledger network, for example via a digital wallet. The distributed ledger includes a set of consensus rules including at least one consensus rule that digital token values recorded in the distributed ledger include complex values having at least two components. The client device generates a transaction indicating an exchange of value of a digital token having at least two components, where the transaction is stored in the distributed ledger, and transmits the transaction to at least one other participant in a distributed ledger network of participants maintaining the distributed ledger. The participants append data to the distributed ledger in response to determining that the data satisfies the set of consensus rules.
1 . A method for deploying a smart contract for managing exchanges of real and imaginary value using a distributed ledger maintained by a plurality of participants, the method comprising:
generating, by one or more processors, a smart contract configured to:
receive requests to receive and transmit digital token values, wherein the digital token values are complex number values having a magnitude, an initial phase, and a frequency component, such that a phase of the digital token value changes over time in accordance with the frequency component;
identify parties requesting to transmit and receive a same digital token value; and
exchange the same digital token value between the identified parties; and
deploying, by the one or more processors, the smart contract to an address stored on the distributed ledger maintained by the plurality of participants in a distributed ledger network.
2 . The method of claim 1 , wherein the smart contract is further configured to determine that a first party requesting to transmit a first digital token value and a second party requesting to receive a second digital token value are requesting to transmit and receive the same digital token value when a first magnitude of the first digital token value matches a second magnitude of the second digital token value.
3 . The method of claim 1 , wherein the smart contract is further configured to determine that a first party requesting to transmit a first digital token value and a second party requesting to receive a second digital token value are requesting to transmit and receive the same digital token value when a second phase of the second digital token value matches a combination of a first phase of the first digital token value, a first frequency component of the first digital token value, and a current time.
4 . The method of claim 3 , wherein the smart contract is further configured to set a same frequency component value for each digital token value included in the requests.
5 . The method of claim 3 , wherein the smart contract is further configured to adjust the first frequency component based on a transaction fee provided to the smart contract.
6 . The method of claim 1 , wherein the frequency component of each digital token value is a first frequency component, a coordinate system for the digital token value rotates at a rate corresponding to a second frequency component, and the phase of the digital token value is determined based on a combination of the initial phase of the digital token value, the first frequency component for the digital token value, the second frequency component for the coordinate system, and a current time.
7 . A computer system for deploying a smart contract for managing exchanges of real and imaginary value using a distributed ledger maintained by a plurality of participants comprising:
one or more processors; and
a non-transitory computer-readable memory storing instructions thereon that, when executed by the one or more processors, cause the computer system to:
generate a smart contract configured to:
receive requests to receive and transmit digital token values, wherein the digital token values are complex number values having a magnitude, an initial phase, and a frequency component, such that a phase of the digital token value changes over time in accordance with the frequency component;
identify parties requesting to transmit and receive a same digital token value; and
exchange the same digital token value between the identified parties; and
deploy the smart contract to an address stored on the distributed ledger maintained by the plurality of participants in a distributed ledger network.
8 . The computer system of claim 7 , wherein the smart contract is further configured to determine that a first party requesting to transmit a first digital token value and a second party requesting to receive a second digital token value are requesting to transmit and receive the same digital token value when a first magnitude of the first digital token value matches a second magnitude of the second digital token value.
9 . The computer system of claim 7 , wherein the smart contract is further configured to determine that a first party requesting to transmit a first digital token value and a second party requesting to receive a second digital token value are requesting to transmit and receive the same digital token value when a second phase of the second digital token value matches a combination of a first phase of the first digital token value, a first frequency component of the first digital token value, and a current time.
10 . The computer system of claim 9 , wherein the smart contract is further configured to set a same frequency component value for each digital token value included in the requests.
11 . The computer system of claim 7 , wherein the frequency component of each digital token value is a first frequency component, a coordinate system for the digital token value rotates at a rate corresponding to a second frequency component, and the phase of the digital token value is determined based on a combination of the initial phase of the digital token value, the first frequency component for the digital token value, the second frequency component for the coordinate system, and a current time.
12 . A non-transitory computer-readable memory storing instructions thereon that, when executed by the one or more processors, cause the one or more processors to:
generate a smart contract configured to:
receive requests to receive and transmit digital token values, wherein the digital token values are complex number values having a magnitude, an initial phase, and a frequency component, such that a phase of the digital token value changes over time in accordance with the frequency component;
identify parties requesting to transmit and receive a same digital token value; and
exchange the same digital token value between the identified parties; and
deploy the smart contract to an address stored on the distributed ledger maintained by the plurality of participants in a distributed ledger network.
13 . The non-transitory computer-readable memory of claim 12 , wherein the smart contract is further configured to determine that a first party requesting to transmit a first digital token value and a second party requesting to receive a second digital token value are requesting to transmit and receive the same digital token value when a first magnitude of the first digital token value matches a second magnitude of the second digital token value.
14 . The non-transitory computer-readable memory of claim 12 , wherein the smart contract is further configured to determine that a first party requesting to transmit a first digital token value and a second party requesting to receive a second digital token value are requesting to transmit and receive the same digital token value when a second phase of the second digital token value matches a combination of a first phase of the first digital token value, a first frequency component of the first digital token value, and a current time.