Patents by Inventor Barak Manos

Barak Manos 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).

  • Smart contract of a blockchain for management of cryptocurrencies
    Patent number: 11823177
    Abstract: There is provided a processor(s) executing a blockchain smart contract, for: managing a primary reserve of primary tokens and a secondary reserve of secondary tokens, receiving a transaction request, obtaining an external price of the primary token, compute an updated value of the primary reserve according to the external price, in response to the updated total value of primary reserve being unequal to an initial staked value of the primary reserve, adjust primary and secondary dynamic reserve weights, wherein a total value computed by a function of the primary reserve after being increased or decreased by a target amount of primary tokens and using the adjusted primary and secondary dynamic reserve weights, is equal to the initial staked value of the primary reserve, and the total value of the primary reserve is maintained at a predefined ratio to a total value of the secondary reserve, and executing the transaction request.
    Type: Grant
    Filed: November 25, 2021
    Date of Patent: November 21, 2023
    Assignee: Bprotocol Foundation
    Inventors: Eyal Hertzog, Yehuda Levi, Barak Manos, Asaf Shachaf, Guy Ben Artzi
  • SMART CONTRACT OF A BLOCKCHAIN FOR MANAGEMENT OF CRYPTOCURRENCIES
    Publication number: 20210398105
    Abstract: There is provided a processor(s) executing a blockchain smart contract, for: managing a primary reserve of primary tokens and a secondary reserve of secondary tokens, receiving a transaction request, obtaining an external price of the primary token, compute an updated value of the primary reserve according to the external price, in response to the updated total value of primary reserve being unequal to an initial staked value of the primary reserve, adjust primary and secondary dynamic reserve weights, wherein a total value computed by a function of the primary reserve after being increased or decreased by a target amount of primary tokens and using the adjusted primary and secondary dynamic reserve weights, is equal to the initial staked value of the primary reserve, and the total value of the primary reserve is maintained at a predefined ratio to a total value of the secondary reserve, and executing the transaction request.
    Type: Application
    Filed: June 22, 2020
    Publication date: December 23, 2021
    Applicant: Bprotocol Foundation
    Inventors: Eyal Hertzog, Yehuda Levi, Guy Ben Artzi, Barak Manos, Asaf Shachaf
  • Smart contract of a blockchain for management of cryptocurrencies
    Patent number: 11188896
    Abstract: There is provided a processor(s) executing a blockchain smart contract, for: managing a primary reserve of primary tokens and a secondary reserve of secondary tokens, receiving a transaction request, obtaining an external price of the primary token, compute an updated value of the primary reserve according to the external price, in response to the updated total value of primary reserve being unequal to an initial staked value of the primary reserve, adjust primary and secondary dynamic reserve weights, wherein a total value computed by a function of the primary reserve after being increased or decreased by a target amount of primary tokens and using the adjusted primary and secondary dynamic reserve weights, is equal to the initial staked value of the primary reserve, and the total value of the primary reserve is maintained at a predefined ratio to a total value of the secondary reserve, and executing the transaction request.
    Type: Grant
    Filed: August 6, 2020
    Date of Patent: November 30, 2021
    Assignee: Bprotocol Foundation
    Inventors: Eyal Hertzog, Yehuda Levi, Barak Manos, Asaf Shachaf, Guy Ben Artzi