Patents by Inventor Darren Wang Yip Lui

Darren Wang Yip Lui 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).

  • Method and system for verifying and maintaining integrity of data transactions using distributed ledger
    Patent number: 11487749
    Abstract: A Blockchain ecosystem for verifying and maintaining integrity of data transactions based on distributed ledger. The system comprises: 1.) a decay control mechanism; 2.) a remote execution mechanism; and 3.) a security cryptographical key management sub-system.
    Type: Grant
    Filed: May 30, 2019
    Date of Patent: November 1, 2022
    Assignee: Aenco Technologies Limited
    Inventors: Geoffrey Tipton, Darren Wang Yip Lui, Ian Chung Yuen Huen
  • METHOD AND SYSTEM FOR VERIFYING AND MAINTAINING INTEGRITY OF DATA TRANSACTIONS USING DISTRIBUTED LEDGER
    Publication number: 20190370250
    Abstract: A Blockchain ecosystem for verifying and maintaining integrity of data transactions based on distributed ledger. The system comprises: 1.) a decay control mechanism; 2.) a remote execution mechanism; and 3.) a security cryptographical key management sub-system.
    Type: Application
    Filed: May 30, 2019
    Publication date: December 5, 2019
    Inventors: Geoffrey TIPTON, Darren Wang Yip LUI, Ian Chung Yuen HUEN
  • METHOD AND SYSTEM FOR CONDUCTING TRANSACTIONS ON CRYPTOCURRENCIES WITH UNDERLYING VALUE SUPPORTED BY INTELLECTUAL PROPERTIES AND INTANGIBLE ASSETS
    Publication number: 20190311352
    Abstract: A method for issuing and maintaining a cryptocurrency backed by backing assets comprising intellectual properties and intangible assets, the method comprising: receiving the ICO data, wherein the ICO data includes the identity of a fund-raising entity, fund-raising goal minimum and maximum, and subscription criteria; receiving backing asset data comprising identification, cost, income, and ownership data; verifying the backing assets; valuating the backing assets' economic value with input variable parameter values comprising R&D cost, past royalty received, future royalty expected, allotted operating income, and future income, projected market size and revenue generated, the backing assets' registration approval probability, the backing assets' regulatory approval probability and timing, commercialization probability, and precedent data of comparable assets; binding the backing asset's economic ownership to the cryptocurrency by effectuating an execution of a smart contract by the fund-raising entity ves
    Type: Application
    Filed: April 10, 2019
    Publication date: October 10, 2019
    Inventors: Darren Wang Yip Lui, Chung Yuen Ian Huen