Patents Assigned to OptDyn, Inc.
  • Patent number: 11769183
    Abstract: A system is provided for regulating the price of digital assets through work performed by a plurality of transaction processing (and/or validating) systems incented by rewards to participate on distributed ledgers such as blockchain networks. The system increases the demand for price regulated digital assets through an automated, tamperproof, hence mandatory conversion of a portion of digital assets received as work rewards for processing transactions in exchange for other digital assets targeted for price control. The system, composed of hardware and software, operates with or without intermediaries, where the reward is ultimately distributed to owners of said transaction processing systems.
    Type: Grant
    Filed: August 18, 2020
    Date of Patent: September 26, 2023
    Assignee: OptDyn, Inc.
    Inventors: Alev O. Karasulu, Sally Khudairi
  • Publication number: 20220058700
    Abstract: A system is provided for regulating the price of digital assets through work performed by a plurality of transaction processing (and/or validating) systems incented by rewards to participate on distributed ledgers such as blockchain networks. The system increases the demand for price regulated digital assets through an automated, tamperproof, hence mandatory conversion of a portion of digital assets received as work rewards for processing transactions in exchange for other digital assets targeted for price control. The system, composed of hardware and software, operates with or without intermediaries, where the reward is ultimately distributed to owners of said transaction processing systems.
    Type: Application
    Filed: August 18, 2020
    Publication date: February 24, 2022
    Applicant: OptDyn, Inc.
    Inventors: Alev O. Karasulu, Sally Khudairi