Patents by Inventor Chase MCDERMOTT

Chase MCDERMOTT 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).

  • Publication number: 20260080393
    Abstract: Certain aspects of the disclosure provide a method for performing a blockchain-based transaction, comprising: broadcasting a burn operation on a first blockchain in a first message including a first recipient address and an amount of cryptocurrency to be burned; receiving an attestation of the first message from an attestation service; rebroadcasting the burn operation on the first blockchain in a second message including the attestation of the first message and a second recipient address; receiving an attestation of the second message from the attestation service; and causing the amount of cryptocurrency to be minted on a second blockchain.
    Type: Application
    Filed: November 26, 2025
    Publication date: March 19, 2026
    Inventors: Walker MAYERCHAK, Chase MCDERMOTT, Michael GRANT
  • Patent number: 12536528
    Abstract: Certain aspects of the disclosure provide a method for performing a blockchain-based transaction, comprising: broadcasting a burn operation on a first blockchain in a first message including a first recipient address and an amount of cryptocurrency to be burned; receiving an attestation of the first message from an attestation service; rebroadcasting the burn operation on the first blockchain in a second message including the attestation of the first message and a second recipient address; receiving an attestation of the second message from the attestation service; and causing the amount of cryptocurrency to be minted on a second blockchain.
    Type: Grant
    Filed: March 28, 2023
    Date of Patent: January 27, 2026
    Assignee: Circle Internet Group, Inc.
    Inventors: Walker Mayerchak, Chase McDermott, Michael Grant
  • Publication number: 20240202679
    Abstract: Certain aspects of the present disclosure provide techniques for performing a blockchain-based transaction, comprising: executing a first process on a first blockchain, including: causing a first amount of cryptocurrency to be burned on the first blockchain according to a burn operation; formatting a message to include one or more details of the burn operation; and emitting the message to an event log associated with the first blockchain; requesting an attestation from an attestation service based on a hash of the message emitted to the event log; receiving the attestation from the attestation service; and executing a second process on a second blockchain, including: providing the message and the attestation to the second blockchain; and causing a second amount of cryptocurrency to be minted on the second blockchain based on the message.
    Type: Application
    Filed: March 28, 2023
    Publication date: June 20, 2024
    Inventors: Walker MAYERCHAK, Chase MCDERMOTT, Michael GRANT, Marcus Stern BOORSTIN, Erik TIERNEY, Gee-Hsien CHUANG
  • Publication number: 20240202708
    Abstract: Certain aspects of the disclosure provide a method for performing a blockchain-based transaction, comprising: broadcasting a burn operation on a first blockchain in a first message including a first recipient address and an amount of cryptocurrency to be burned; receiving an attestation of the first message from an attestation service; rebroadcasting the burn operation on the first blockchain in a second message including the attestation of the first message and a second recipient address; receiving an attestation of the second message from the attestation service; and causing the amount of cryptocurrency to be minted on a second blockchain.
    Type: Application
    Filed: March 28, 2023
    Publication date: June 20, 2024
    Inventors: Walker Mayerchak, Chase McDermott, Michael Grant