Patents Assigned to APIFINY GROUP INC.
  • Patent number: 11481375
    Abstract: Embodiments relate to high throughput blockchain systems that can handle large numbers of real-time operations. A system may include a server that handles the matching of operations in a quick and trusted manner and a blockchain that executes the matched operations in a decentralized manner after the matching is confirmed by the server. The server may receive an operation request from a user. To confirm the operation request, the user may cause a broadcast of entry on the blockchain that confirms the validity of the operation request. Upon verifying the operation request, the server may match the operation request with other operation requests that meet the criteria specified by the user's request. A set of code instructions recorded on the blockchain may generate one or more entries that execute the operations related to the match.
    Type: Grant
    Filed: September 20, 2019
    Date of Patent: October 25, 2022
    Assignee: APIFINY GROUP INC.
    Inventor: Maodong Xu
  • Patent number: 11250507
    Abstract: Embodiments relate to providing trusted tokenized transactions in a blockchain system. In one embodiment, a tokenization request may include identification information. A fiduciary server may apply a cryptographic private key to a hash of the identification information to generate a digital signature. An exchange server may cause a transmission of the digital signature to a blockchain. The blockchain includes a set of code instructions that verify the digital signature. The verification may include applying the public key corresponding to the cryptographic private key to decrypt the digital signature to re-generate the hash of the identification information. The hash may ensure the integrity of the identification information. The code instructions recorded on the blockchain, when executed, cause a computer to generate a blockchain unit. The tokenized transactions are traceable to the digital signature of the fiduciary server.
    Type: Grant
    Filed: May 6, 2019
    Date of Patent: February 15, 2022
    Assignee: APIFINY GROUP INC.
    Inventor: Maodong Xu
  • Patent number: 11042849
    Abstract: A transaction processing system is configured to receive a transaction request to execute a transaction at one or more of a plurality of third party systems. The transaction processing system accesses an adjusted transaction record storing a plurality of open transactions received from the plurality of third party systems. The transaction processing system further divides the transaction request into one or more split transaction requests. The one or more split transactions requests are sent to a corresponding third party system for execution. The corresponding third party system executes the open transaction corresponding to each split transaction at the requested unit count of each split transaction. In response, the transaction processing system receives an execution report from one or more of the plurality of third party systems.
    Type: Grant
    Filed: July 10, 2019
    Date of Patent: June 22, 2021
    Assignee: APIFINY GROUP INC.
    Inventors: Ashu Swami, Maodong Xu