Patents by Inventor Chaitanya Tushar AMIN

Chaitanya Tushar AMIN 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).

  • CONTROLLING ASSET ACCESS BASED ON PAYMENTS VIA A DISTRIBUTED LEDGER
    Publication number: 20220172201
    Abstract: A computing system securely controlling repayment of a loan to purchase an asset is provided. The system records a smart contract in a distributed ledger. The smart contract receives funding messages from a lender. After purchase of the asset is funded, the system sends a payment message to the smart contract indicating that the asset is being accessed and identifying a payment transaction that transfers a payment amount to a payment account. The smart contract records in the distributed ledger a repayment transaction that transfers a repayment amount to the lender from the payment amount of the payment transaction. The smart contract ensures use of the asset in accordance with terms of the loan agreement.
    Type: Application
    Filed: July 2, 2021
    Publication date: June 2, 2022
    Inventor: Chaitanya Tushar Amin
  • CONTROLLING ASSET ACCESS BASED ON PAYMENTS VIA A DISTRIBUTED LEDGER
    Publication number: 20200013053
    Abstract: A computing system securely controlling repayment of a loan to purchase an asset is provided. The system records a smart contract in a distributed ledger. The smart contract receives funding messages from a lender. After purchase of the asset is funded, the system sends a payment message to the smart contract indicating that the asset is being accessed and identifying a payment transaction that transfers a payment amount to a payment account. The smart contract records in the distributed ledger a repayment transaction that transfers a repayment amount to the lender from the payment amount of the payment transaction. The smart contract ensures use of the asset in accordance with terms of the loan agreement.
    Type: Application
    Filed: July 6, 2018
    Publication date: January 9, 2020
    Inventor: Chaitanya Tushar AMIN