Patents by Inventor Gary DeGruttola

Gary DeGruttola 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 generation and execution in a distributed ledger environment
    Patent number: 11829961
    Abstract: An apparatus comprising a communications interface configured to communicate over one or more networks, at least one processor and at least one memory including program code is provided. The at least one memory and the program code configured to, with the processor, cause the apparatus to at least receive, via the communications interface, an interparty transaction request. The interparty transaction request corresponds to an interparty transaction and identifying a first party and a second party. The apparatus generates a smart contract based on the interparty transaction request; stores a data entry indicating the generation of the smart contract to a distributed ledger; executes the smart contract to cause settlement of the interparty transaction between the first party and the second party; and stores a data entry indicating the settlement of the interparty transaction to the distributed ledger.
    Type: Grant
    Filed: June 6, 2018
    Date of Patent: November 28, 2023
    Assignee: Liberty Mutual Insurance Company
    Inventors: Marc Wood, Andrew Palmer, Gary DeGruttola, John Louis Pileggi, Jr.