Abstract: A system for operating a distributed ledger implementation for tracking and monitoring entity resources receives a resource configuration control and configures a distributed ledger that includes multiple gateway nodes to record resource transfer activity of resource rights allocations between the entity, the user account, and combinations thereof in a blockchain. The system communicates with an oracle service to verify resource transfer requirements for each resource rights allocation. The system transfers entity resources to a first party in response to the oracle service verifying that the resource transfer requirements were met by the first party and the entity. The system writes a resource transfer record into the blockchain in response to the oracle service verifying that the resource transfer requirements were met.
Type:
Application
Filed:
June 17, 2022
Publication date:
December 21, 2023
Applicant:
ZenBusiness PBC
Inventors:
Carlos Balderas, Rafael Lopez, Van Phuong Phu, Muhammad Ashar Malik
Abstract: A system for operating a distributed ledger implementation for tracking and monitoring entity shares involves receiving a share configuration control at an entity formation and management system by way of a user interface. The system configures a distributed ledger comprising a plurality of gateway nodes to record share transfer activity comprising entity share distribution between the entity, the user account, and combinations thereof in a blockchain as entity records. The system communicates with an oracle service, information provided by the share configuration control, to verify share transfer requirements for each entity share distribution. The system transfers entity shares to the first party in response to the oracle service verifying that the share transfer requirements were met by the first party and the entity. The system writes a share transfer record into the blockchain in response to the oracle service verifying that the share transfer requirements were met.
Type:
Application
Filed:
February 4, 2022
Publication date:
May 19, 2022
Applicant:
ZenBusiness PBC
Inventors:
Muhammad Ashar Malik, Rafael Lopez, Van Phuong Phu
Abstract: A system for operating a distributed ledger implementation for tracking and monitoring entity shares involves receiving a share configuration control at an entity formation and management system by way of a user interface. The system configures a distributed ledger comprising a plurality of gateway nodes to record share transfer activity comprising entity share distribution between the entity, the user account, and combinations thereof in a blockchain as entity records. The system communicates with an oracle service, information provided by the share configuration control, to verify share transfer requirements for each entity share distribution. The system transfers entity shares to the first party in response to the oracle service verifying that the share transfer requirements were met by the first party and the entity. The system writes a share transfer record into the blockchain in response to the oracle service verifying that the share transfer requirements were met.
Type:
Application
Filed:
October 30, 2019
Publication date:
April 30, 2020
Applicant:
ZenBusiness PBC
Inventors:
Muhammad Ashar Malik, Rafael Lopez, Van Phuong Phu