238000010200 validation analysis Methods 0.000 claims description 52.Assignors: SIMONS, JORDAN Priority to US16/819,763 priority patent/US10825295B2/en Priority to US17/086,537 priority patent/US11393292B2/en Priority to US17/715,769 priority patent/US20220230508A1/en Status Active legal-status Critical Current Anticipated expiration legal-status Critical Links
Google has not performed a legal analysis and makes no representation as to the accuracy of the date listed.) Filing date Publication date Priority claimed from US201762579661P external-priority Priority to US16/176,827 priority Critical patent/US10297106B1/en Application filed by Jordan Simons filed Critical Jordan Simons Publication of US20190130698A1 publication Critical patent/US20190130698A1/en Priority to US16/417,250 priority patent/US10593157B2/en Publication of US10297106B1 publication Critical patent/US10297106B1/en Application granted granted Critical Assigned to AMERICORP INVESTMENTS LLC reassignment AMERICORP INVESTMENTS LLC ASSIGNMENT OF ASSIGNORS INTEREST (SEE DOCUMENT FOR DETAILS). Original Assignee Jordan Simons Priority date (The priority date is an assumption and is not a legal conclusion. Google has not performed a legal analysis and makes no representation or warranty as to the accuracy of the list.) ( en Inventor Jordan Simons Current Assignee (The listed assignees may be inaccurate. Google has not performed a legal analysis and makes no representation as to the accuracy of the status listed.) Granted Application number US16/176,827 Other versions US10297106B1 Google Patents US20190130698A1 - Distributed Multi-Ledger Gambling Architecture The filing states that there is “little to no standardization across distributed ledger technologies (DLTs) in terms of the mechanisms provided to manage the lifecycle of tokens.US20190130698A1 - Distributed Multi-Ledger Gambling Architecture Standardizing the tokenization of physical and digital assets is another issue Microsoft hopes to tackle. Microsoft working toward solving blockchain hurdles “The basic idea behind the ledger independent token service is that it will serve as a shared interface when trying to trade tokens across different ledger networks. The abstract goes on to say that the system can then receive “a selection of a token template in the one or more token templates and create the token on the distributed ledger network, where the created token includes the set of one or more attributes and one or more control functions defined in the selected token template. Each of these templates will be tied to a physical or digital asset and “defines a set of one or more attributes and one or more control functions associated with the type.” Templates will also be available to users for the creation of tokens. The grant issued details that the patent will allow Microsoft to build a system that will aid in the creation and trading of tokens spanning multiple networks. has been granted a patent for a “ledger-independent token service.” The invention has been credited to the team of Gregory Philip Cignavitch, John Marley Gray, Spuria Madhuram, and Nayana Singh Patel. The patent awarded to Microsoft is for a system designed to combat the “difficult and cumbersome” process of minting and managing tokens.Īccording to documents from the United States Patent and Trademark Office (USPTO), Microsoft Technology Licensing, LLC.
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