Patents by Inventor Anthony KLAUSING

Anthony KLAUSING has filed for patents to protect the following inventions. This listing includes patent applications that are pending as well as patents that have already been granted by the United States Patent and Trademark Office (USPTO).

  • SYSTEMS AND METHODS FOR TOKENIZING ASSETS VIA BLOCKCHAIN-TO-BLOCKCHAIN BRIDGE USING UNDERLYING ASSETS HELD AT A TRIPARTY AGENT OR CUSTODIAN
    Publication number: 20240146554
    Abstract: A method for tokenizing assets via a blockchain-to-blockchain bridge may include: receiving a first instruction from a client to mint first tokens for a client asset; encumbering the client asset on a custody ledger; creating a balance of the first tokens on a first distributed ledger; receiving a second instruction to lock and mint the first tokens to a second distributed ledger as second tokens; receiving verification from a custodian that the first tokens are locked on a lock ledger for the custodian; instructing a blockchain bridge computer program to mint second tokens to a client address on the second distributed ledger; receiving a third instruction to return the second tokens to the first distributed ledger; executing a public burn of the second tokens on the second distributed ledger; and instructing the custodian to unlock the first tokens and move the first tokens to the first distributed ledger.
    Type: Application
    Filed: October 31, 2023
    Publication date: May 2, 2024
    Inventors: Suresh SHETTY, Sudhir UPADHYAY, Manmeet AHLUWALIA, Anthony KLAUSING, Ganesh ANANTWAR, Sophia WASSERMAN, Keerthi MOUDGAL, Chang Yang JIAO, Aditya Mayur TADAY, Tyrone D. LOBBAN, Nikhil SHARMA