Abstract: A computer-implemented system for cryptographically authenticated state synchronization within a distributed ledger uses a digital synchronization agent to irrevocably and synchronously transfer digital security positions and corresponding digital fiat instruments between digital instrument containers. A deterministic supervisory verification framework redundantly executes verification of transfer requests using a quorum of nodes, distributing trust across the network. The system generates priority timestamps using a deterministic consensus protocol that excludes mining operations, proof-of-work operations, and probabilistic finality mechanisms. The system appends the priority timestamps to transfer operations based on consensus, generating immutable execution paths with sub-threshold latency. The system synchronizes digital security position states in real-time with digital fiat instrument states, preventing deferred state synchronization.
Abstract: Various of the disclosed embodiments concern systems and methods for expediting the settlement of securities traded on an exchange. A settlement system can generate electronic records of financial transactions by bundling a trade report, clearing instructions, etc., into a cryptographic ledger. Current cryptographic ledgers do not handle transactions at the rate which securities are traded. In order to improve rate processing for cryptographic ledgers sharded transaction trees are used.
Type:
Grant
Filed:
February 15, 2019
Date of Patent:
September 27, 2022
Assignee:
Domus Tower, Inc.
Inventors:
John Everett Creighton, IV, Joseph Burke Forster
Abstract: Expediting settlement of securities traded on an exchange is described. A clearing instruction representing an order for equities can be received. The clearing instruction can include a cryptographic signature. A data block within a blockchain can be generated to include the order and the cryptographic signature. If the cryptographic signature is determined to be valid, a fast track settlement process can be selected to process the order.
Type:
Grant
Filed:
March 23, 2017
Date of Patent:
August 9, 2022
Assignee:
Domus Tower, Inc.
Inventors:
John Everett Creighton, IV, Joseph Burke Forster
Abstract: Various of the disclosed embodiments concern systems and methods for expediting the settlement of securities traded on an exchange. A settlement system can generate electronic records of financial transactions by bundling a trade report, clearing instructions, etc., into a cryptographic ledger. Current cryptographic ledgers do not handle transactions at the rate which securities are traded. In order to improve rate processing for cryptographic ledgers sharded transaction trees are used.
Type:
Grant
Filed:
March 23, 2016
Date of Patent:
December 24, 2019
Assignee:
DOMUS TOWER, INC.
Inventors:
John Everett Creighton, IV, Joseph Burke Forster