Patents by Inventor James Litsios
James Litsios 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).
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Patent number: 10810583Abstract: A system and method are provided for modeling and interpreting a modeled digital asset and its evolution with respect to the rights of a plurality of parties, the method comprising: executing an await function instance no more than once using one of at least one choice defined therein for disposition of the digital asset with respect to the rights of at least one of the plurality of parties, said await function instance incorporated upon the consent of the affected parties to fulfil a configured function instance associated with the at least one choice; executing an agree function instance that requires the consent of at least one of the plurality of parties to execute; and storing the results of the executed function instances in an append-only ledger.Type: GrantFiled: June 13, 2016Date of Patent: October 20, 2020Assignee: Digital Asset HoldingsInventors: Vincent Peikert, Ratko Goran Veprek, Johan Sjodin, James Litsios, Alexander Bernauer, Darko Pilav, Robin Krom, Simon Meier, Shaul Kfir
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Patent number: 10803451Abstract: A system (2000-3300, 4200-4300) and method (100, 3900, 4300) are provided for modeling and interpreting a modeled digital asset and its evolution with respect to the rights of a plurality of parties, the method comprising: executing an await function (1200, 4320) instance no more than once using one of at least one choice defined therein for disposition of the digital asset with respect to the rights of at least one of the plurality of parties, said await function instance incorporated upon the consent of the affected parties to fulfil a configured function instance associated with the at least one choice; executing an agree function (1300, 3900) instance that requires the consent of at least one of the plurality of parties to execute; and storing (4100, 4370) the results of the executed function instances in an append-only ledger (4000, 4312-4314).Type: GrantFiled: April 28, 2017Date of Patent: October 13, 2020Assignee: Digital Asset Holdings, LLCInventors: Vincent Peikert, Ratko Veprek, Johan Sjodin, James Litsios, Alexander Bernauer, Darko Pilav, Robin Krom, Simon Meier, Shaul Kfir
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Publication number: 20200160290Abstract: A system and method are provided for modeling and interpreting a modeled digital asset and its evolution with respect to the rights of a plurality of parties, the method comprising: executing an await function instance no more than once using one of at least one choice defined therein for disposition of the digital asset with respect to the rights of at least one of the plurality of parties, said await function instance incorporated upon the consent of the affected parties to fulfil a configured function instance associated with the at least one choice; executing an agree function instance that requires the consent of at least one of the plurality of parties to execute; and storing the results of the executed function instances in an append-only ledger.Type: ApplicationFiled: January 27, 2020Publication date: May 21, 2020Applicant: Digital Asset Holdings, LLCInventors: Vincent Peikert, Ratko Goran Veprek, Johan Sjodin, James Litsios, Alexander Bernauer, Darko Pilav, Robin Krom, Simon Meier, Shaul Kfir
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Publication number: 20190295182Abstract: A computer system (100) comprising: a global synchronization log (112) that stores public data associated with private data wherein the private data is stored in one or more private data stores (132, 134) separate from the global synchronization log (112, 114); and one or more nodes (102) operable in a mode as a writer node (102) that has access to write the public data associated with private data to the global synchronization log (112). A reader node (120) may verify the public data on the global synchronization log (112, 114) with private data stored in one or more private data stores (132, 134).Type: ApplicationFiled: July 14, 2017Publication date: September 26, 2019Applicant: Digital Asset Holdings, LLCInventors: Shaul KFIR, James LITSIOS, Simon MEIER, Lance ARLAUS, Alexander BERNAUER, Tamas BLUMMER, Eric SARANIECKI, Miron CUPERMAN
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Publication number: 20190147415Abstract: A system (2000-3300, 4200-4300) and method (100, 3900, 4300) are provided for modeling and interpreting a modeled digital asset and its evolution with respect to the rights of a plurality of parties, the method comprising: executing an await function (1200, 4320) instance no more than once using one of at least one choice defined therein for disposition of the digital asset with respect to the rights of at least one of the plurality of parties, said await function instance incorporated upon the consent of the affected parties to fulfil a configured function instance associated with the at least one choice; executing an agree function (1300, 3900) instance that requires the consent of at least one of the plurality of parties to execute; and storing (4100, 4370) the results of the executed function instances in an append-only ledger (4000, 4312-4314).Type: ApplicationFiled: April 28, 2017Publication date: May 16, 2019Applicant: Digital Asset Holdings, LLCInventors: Vincent PEIKERT, Ratko VEPREK, Johan SJODIN, James LITSIOS, Alexander BERNAUER, Darko PILAV, Robin KROM, Simon MEIER, Shaul KFIR
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Publication number: 20180018738Abstract: A system and method are provided for executing multilateral transactional bookkeeping workflows between a plurality of participants, including receiving previously agreed and formalized rules, receiving an authorized decision, evolving an agreement based on the authorized decision and the rules, notifying participants in the agreement of the evolved agreement, and storing the evolved agreement with evidence of notification in a shared append-only ledger.Type: ApplicationFiled: July 14, 2016Publication date: January 18, 2018Inventors: Alexander Bernauer, Tamas Blummer, Shaul Kfir, James Litsios, Simon Meier
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Publication number: 20170316391Abstract: A system and method are provided for modeling and interpreting a modeled digital asset and its evolution with respect to the rights of a plurality of parties, the method comprising: executing an await function instance no more than once using one of at least one choice defined therein for disposition of the digital asset with respect to the rights of at least one of the plurality of parties, said await function instance incorporated upon the consent of the affected parties to fulfil a configured function instance associated with the at least one choice; executing an agree function instance that requires the consent of at least one of the plurality of parties to execute; and storing the results of the executed function instances in an append-only ledger.Type: ApplicationFiled: June 13, 2016Publication date: November 2, 2017Inventors: Vincent Peikert, Ratko Veprek, Johan Sjodin, James Litsios, Alexander Bernauer, Darko Pilav, Robin Krom, Simon Meier, Shaul Kfir