Abstract: A system and method for digital smart wallet communications that operates by managing separately-owned, private blockchains to reduce processing times, eliminate proof of work burdens, and retain blockchain immutable security while allowing protection of confidential information contained on each blockchain. The system and method may further comprise auditability of blockchains, and may be operated on an integrated communications platform that allows seamless interoperability of communication devices across multiple modes of communication, and automates digital smart wallet transactions.
Type:
Grant
Filed:
July 18, 2022
Date of Patent:
July 30, 2024
Assignee:
LIQUINEQ AG
Inventors:
Dan Kikinis, Ari Birger, Haim Dror, Aleksandr Vorobets
Abstract: A system for transacting in an environment with intermittent connectivity via a network backbone to a blockchain. A merchant device transmits a set of credentials for an ad hoc network to a buyer device and establishes a private peer-to-peer ad hoc network connection with the buyer device. It then conducts a transaction with the buyer device via the private peer-to-peer ad hoc network. If no network connection is available to a transaction blockchain, the merchant device stores a record of the transaction until such network becomes available and later sends the record of the transaction to the transaction blockchain.
Abstract: A system and method for true peer-to-peer automatic teller machine transactions using mobile device payment systems, where a user may receive physical cash in exchange for digital currency from another user, without either one of them having to have a merchant account or a credit/debit card clearing system through a payment processor, comprising a smartphone with an associate peer-to-peer ATM application, blockchain datastore, GPS satellite, cellular tower, and smart wallet application.
Abstract: A system and method for digital smart wallet communications that operates by managing separately-owned, private blockchains to reduce processing times, eliminate proof of work burdens, and retain blockchain immutable security while allowing protection of confidential information contained on each blockchain. The system and method may further comprise auditability of blockchains, and may be operated on an integrated communications platform that allows seamless interoperability of communication devices across multiple modes of communication, and automates digital smart wallet transactions.
Type:
Grant
Filed:
May 15, 2020
Date of Patent:
August 9, 2022
Assignee:
LIQUINEQ AG
Inventors:
Dan Kikinis, Ari Birger, Haim Dror, Aleksandr Vorobets
Abstract: A system for transacting in an environment with intermittent connectivity via a network backbone to a blockchain. A merchant device transmits a set of credentials for an ad hoc network to a buyer device and establishes a private peer-to-peer ad hoc network connection with the buyer device. It then conducts a transaction with the buyer device via the private peer-to-peer ad hoc network. If no network connection is available to a transaction blockchain, the merchant device stores a record of the transaction until such network becomes available and later sends the record of the transaction to the transaction blockchain.
Abstract: A system and method providing a security gateway for high security blockchain systems, that acts as a firewall (and manages users, rules, data access, transactions, fees, etc.), has the ability to understand and enforce blockchain business processes policies (access policy and transaction policy of a blockchain solution that may or may not support smart contracts), and can understand tokens and their functionality, without totally disabling code execution, for example from smart contracts or tokens enabled by smart contracts.
Abstract: A system and method for automotive inventory management and recordkeeping using multi-tiered distributed network transactional database that provides blockchain-based permanent storage of manufacture, parts, maintenance, and any other records associated with an automobile.
Abstract: A system for performance testing of scalability implementations and testing of stability in blockchain database implementations. The testing system comprises a cluster of private blockchain nodes instantiated on a network and a control console that allows the user to set the number of nodes in the network and the number of clients for testing of a particular blockchain implementation. Performance metrics are established and tested. The test system allows for staged testing using generated databases, wallets, and accounts starting with simple 5-node networks, expanding to larger networks, then testing with decreased block validation times, continuing to testing using alternative, faster trust schemes, then testing implementation on divided blockchains, and finally testing on shared blockchains.