Patent №
US 11,637,709
Granted
2023-04-25
Filed 2021
Owner
0CHAIN CORP.
Lab
—
AI components
3
kr · planning · evo
Assignment
Recorded
Dataset
AIPD
2023_r1 edition
Application
17307073
An approach is disclosed for running a first smart contract on a first blockchain platform restricting access to a client's funds appropriated to a second smart contract running on a second blockchain platform. A transaction is received by invoking the first smart contract authorizing the second smart contract. In response to receiving an indication of a successful completion of the first smart contract, a plurality of client's authorization tickets are sent to the second smart contract. The invoked smart contract receives the set of authorization information and records the set of authorization information. After receiving a set of authenticated authorization tickets exceeding a predetermined threshold, the funds are released.
AI classification
Ownership
0CHAIN CORP.
assignment · 561250169
Assignors
BASU, SASWATA
On an employer assignment, the assignors are typically the inventors.