Abstract: A digital token has a programmable field in which token type is specified. A method of creating, routing, and performing operations on digital tokens is carried out in a network having a plurality of nodes, wherein each node of the network has code executed therein to enforce rules associated with different types of the digital tokens. The method includes the steps of: creating a digital token having a programmable field from asset data and specifying a token type of the digital token in the programmable field of the digital token; routing the digital token having the specified token type through the nodes of the network to a destination node according to the rules associated with the specified token type; and when the digital token arrives at the destination node, performing an operation on the digital token and updating a record maintained at the destination node according to the operation performed.
Type:
Grant
Filed:
December 8, 2020
Date of Patent:
August 29, 2023
Assignee:
TallyX, Inc.
Inventors:
Aditya D. Menon, Yean Whei Tseng, Suryanarayana Narasimha, Venkatesh P. Krishnamurthy