Patents by Inventor Mark William Schmid

Mark William Schmid 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).

  • Secure value transfers
    Patent number: 12718207
    Abstract: Financial Institution (FI) applications (apps) are enhanced to permit customers to transfer cryptocurrency over a private blockchain (BC) to recipients. The recipients can maintain the amount of cryptocurrency received in their wallets or directly transfer the cryptocurrency in equivalent amounts of fiat currency into their FI accounts. Smart contracts on the private BC ensure that senders and receivers of the value transfers are registered and effectuate the wallet-to-wallet value transfers.
    Type: Grant
    Filed: December 30, 2023
    Date of Patent: August 25, 2026
    Assignee: Digital First Holdings LLC
    Inventors: Isaiah Shawn Sadrudin Sinclair, Ethan James Hodge, Eason Liang, Mark William Schmid, Daniel Elliott Wang, Myron Ladyjenko, Ethan Kenneth Muir
  • SECURE VALUE TRANSFERS
    Publication number: 20250217783
    Abstract: Financial Institution (FI) applications (apps) are enhanced to permit customers to transfer cryptocurrency over a private blockchain (BC) to recipients. The recipients can maintain the amount of cryptocurrency received in their wallets or directly transfer the cryptocurrency in equivalent amounts of fiat currency into their FI accounts. Smart contracts on the private BC ensure that senders and receivers of the value transfers are registered and effectuate the wallet-to-wallet value transfers.
    Type: Application
    Filed: December 30, 2023
    Publication date: July 3, 2025
    Inventors: Isaiah Shawn Sadrudin Sinclair, Ethan James Hodge, Eason Liang, Mark William Schmid, Daniel Elliott Wang, Myron Ladyjenko, Ethan Kenneth Muir