DISTRIBUTED LEDGER CORE

Patent №

US 11,615,413

Granted

2023-03-28

Filed 2021

Owner

JPMORGAN CHASE BANK, N.A.

Lab

AI components

1

planning

Assignment

Recorded

Dataset

AIPD

2023_r1 edition

Application

17461571

Distributed ledger cores are disclosed. A method for interacting with a distributed ledger core may include: (1) a distributed banking ledger in a blockchain-based distributed ledger system receiving a transaction request for a transaction from a client system; (2) a smart contract creating a pending transaction; (3) the smart contract sending a posting request for the pending transaction to a ledger interoperability service; (4) the posting generation service generating accounting movements for the transaction; (5) the posting execution service posting the accounting movements and providing posting details to the ledger interoperability service; (6) validating the posting details with a data services module; (7) the smart contract receiving a posting validation complete notification from the posting execution service via the ledger interoperability service; (8) the smart contract settling the transaction on the distributed banking ledger by writing the transaction as a new block to the distributed banking ledger.

PlanningG06Q 20/36G06Q 20/389G06F 9/547G06F 16/27G06Q 20/02G06Q 20/4037G06Q 40/02G06Q 2220/00

AI classification

Planning1.00
AI hardware0.35
Natural language0.07
Knowledge representation0.02
Speech0.01
Evolutionary computation0.00
Vision0.00
Machine learning0.00

Ownership

JPMORGAN CHASE BANK, N.A.

assignment · 627900516

Assignors

BELLAMY, MICHAEL, DRAKE, LAWRENCE CHARLES, SAMANTARAY, DEBIDUTTA PRUTHIBIRAJ, RAJPURIA, RAUNAK, MALLELA, NAVEEN, FALAH, SAMER, VALIVETI, SAI MURALI KRISHNA

On an employer assignment, the assignors are typically the inventors.

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