Patents by Inventor Oliver MARGOLIS
Oliver MARGOLIS 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: 12494921Abstract: Systems and methods for maintaining decentralized digital identities are disclosed. In an information processing apparatus for a relying party within a distributed ledger network and comprising at least one computer processor, a method for decentralized digital identity attestation verification may include: (1) receiving, from a relying party, an attestation verification request for a user; (2) retrieving a user decentralized identifier for the user; (3) retrieving an attestation issuer decentralized identifier for an attestation issuer; (4) validating the user decentralized identifier and the attestation issuer decentralized identifier; (5) verifying that the attestation has not been revoked; and (6) communicating that the attestation is valid to the relying party.Type: GrantFiled: September 27, 2023Date of Patent: December 9, 2025Assignee: JPMORGAN CHASE BANK, N.A.Inventors: Tyrone Lobban, Christine Moy, Kanishk Mahajan, Martin Kocen, Jaroslav Saxa, Oliver Margolis, Bruce Horner, Christine Leong
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Patent number: 12154100Abstract: Systems and methods for distributed ledger-based settlement are disclosed. In one embodiment, a method may include: receiving settlement instructions from a first party providing a commodity and a second party providing cash; matching the settlement instructions; affirming the matched settlement instructions with the parties; a smart contact sending the affirmed settlement instructions to a commodity clearing bank; the smart contract receiving confirmation of a blockage of the commodity from the commodity clearing bank; the smart contact sending the affirmed settlement instructions to a cash clearing bank; the smart contract receiving confirmation of a blockage of the cash from the cash clearing bank; the smart contract executing the exchange of tokens for the commodity for tokens for the cash; and the smart contract writing the tokens for the cash to a wallet for the first party, and writing tokens for the commodity to a wallet for the second party.Type: GrantFiled: April 5, 2023Date of Patent: November 26, 2024Assignee: JPMORGAN CHASE BANK, N.A.Inventors: Oliver Margolis, Tyrone Lobban, Mark Amlin, Marc-Antoine Fichet, Andrew Lovell, Paul Thomas, Viresh Mor, John-Paul Antony Crocker, Christine Moy
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Publication number: 20240031167Abstract: Systems and methods for maintaining decentralized digital identities are disclosed. In an information processing apparatus for a relying party within a distributed ledger network and comprising at least one computer processor, a method for decentralized digital identity attestation verification may include: (1) receiving, from a relying party, an attestation verification request for a user; (2) retrieving a user decentralized identifier for the user; (3) retrieving an attestation issuer decentralized identifier for an attestation issuer; (4) validating the user decentralized identifier and the attestation issuer decentralized identifier; (5) verifying that the attestation has not been revoked; and (6) communicating that the attestation is valid to the relying party.Type: ApplicationFiled: September 27, 2023Publication date: January 25, 2024Inventors: Tyrone LOBBAN, Christine MOY, Kanishk MAHAJAN, Martin KOCEN, Jaroslav SAXA, Oliver MARGOLIS, Rob PEREZ, Bruce HORNER, Christine LEONG
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Patent number: 11838425Abstract: Systems and methods for maintaining decentralized digital identities are disclosed. In an information processing apparatus for a relying party within a distributed ledger network and comprising at least one computer processor, a method for decentralized digital identity attestation verification may include: (1) receiving, from a relying party, an attestation verification request for a user; (2) retrieving a user decentralized identifier for the user; (3) retrieving an attestation issuer decentralized identifier for an attestation issuer; (4) validating the user decentralized identifier and the attestation issuer decentralized identifier; (5) verifying that the attestation has not been revoked; and (6) communicating that the attestation is valid to the relying party.Type: GrantFiled: May 19, 2020Date of Patent: December 5, 2023Assignee: JPMORGAN CHASE BANK, N.A.Inventors: Tyrone Lobban, Christine Moy, Oliver Margolis, Bruce Horner, Christine Leong, Kanishk Mahajan, Martin Kocen, Jaroslav Saxa, Rob Perez
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Publication number: 20230245100Abstract: Systems and methods for distributed ledger-based settlement are disclosed. In one embodiment, a method may include: receiving settlement instructions from a first party providing a commodity and a second party providing cash; matching the settlement instructions; affirming the matched settlement instructions with the parties; a smart contact sending the affirmed settlement instructions to a commodity clearing bank; the smart contract receiving confirmation of a blockage of the commodity from the commodity clearing bank; the smart contact sending the affirmed settlement instructions to a cash clearing bank; the smart contract receiving confirmation of a blockage of the cash from the cash clearing bank; the smart contract executing the exchange of tokens for the commodity for tokens for the cash; and the smart contract writing the tokens for the cash to a wallet for the first party, and writing tokens for the commodity to a wallet for the second party.Type: ApplicationFiled: April 5, 2023Publication date: August 3, 2023Inventors: Oliver MARGOLIS, Tyrone LOBBAN, Mark AMLIN, Marc-Antoine FICHET, Andrew LOVELL, Paul THOMAS, Viresh MOR, John-Paul Antony CROCKER, Christine MOY
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Patent number: 11669830Abstract: Systems and methods for distributed ledger-based settlement are disclosed. In one embodiment, a method may include: receiving settlement instructions from a first party providing a commodity and a second party providing cash; matching the settlement instructions; affirming the matched settlement instructions with the parties; a smart contact sending the affirmed settlement instructions to a commodity clearing bank; the smart contract receiving confirmation of a blockage of the commodity from the commodity clearing bank; the smart contact sending the affirmed settlement instructions to a cash clearing bank; the smart contract receiving confirmation of a blockage of the cash from the cash clearing bank; the smart contract executing the exchange of tokens for the commodity for tokens for the cash; and the smart contract writing the tokens for the cash to a wallet for the first party, and writing tokens for the commodity to a wallet for the second party.Type: GrantFiled: October 15, 2019Date of Patent: June 6, 2023Assignee: JPMORGAN CHASE BANK, N.A.Inventors: Oliver Margolis, Tyrone Lobban, Mark Amlin, Marc-Antoine Fichet, Andrew Lovell, Paul Thomas, Viresh Mor, John-Paul Antony Crocker, Christine Moy
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Publication number: 20210383423Abstract: Distributed ledger-based loyalty reward points reconciliation platforms are disclosed. Embodiments may include a distributed ledger-supported platform that may enable multiple loyalty points/currencies to be distributed by multiple unaffiliated third-parties (e.g., partner merchants) in a transparent, automated way that facilitates adding loyalty points/miles to end customer loyalty accounts as well as settlement between the program provider and the partner merchant. This may be in exchange for some a fixed or per transaction fee for the program provider. The platform may further facilitate the “burning,” or using, of points by reversing the transaction flow and deducting points from the customer loyalty account.Type: ApplicationFiled: June 4, 2021Publication date: December 9, 2021Inventors: Oliver MARGOLIS, Tyrone LOBBAN, Aaron MERCURIO, Jeffrey E. MILLER
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Publication number: 20210110381Abstract: Systems and methods for distributed ledger-based settlement are disclosed. In one embodiment, a method may include: receiving settlement instructions from a first party providing a commodity and a second party providing cash; matching the settlement instructions; affirming the matched settlement instructions with the parties; a smart contact sending the affirmed settlement instructions to a commodity clearing bank; the smart contract receiving confirmation of a blockage of the commodity from the commodity clearing bank; the smart contact sending the affirmed settlement instructions to a cash clearing bank; the smart contract receiving confirmation of a blockage of the cash from the cash clearing bank; the smart contract executing the exchange of tokens for the commodity for tokens for the cash; and the smart contract writing the tokens for the cash to a wallet for the first party, and writing tokens for the commodity to a wallet for the second party.Type: ApplicationFiled: October 15, 2019Publication date: April 15, 2021Inventors: Oliver MARGOLIS, Tyrone LOBBAN, Mark AMLIN, Marc-Antoine FICHET, Andrew LOVELL, Paul THOMAS, Viresh MOR, John-Paul Antony CROCKER, Christine MOY
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Publication number: 20200374132Abstract: Systems and methods for maintaining decentralized digital identities are disclosed. In an information processing apparatus for a relying party within a distributed ledger network and comprising at least one computer processor, a method for decentralized digital identity attestation verification may include: (1) receiving, from a relying party, an attestation verification request for a user; (2) retrieving a user decentralized identifier for the user; (3) retrieving an attestation issuer decentralized identifier for an attestation issuer; (4) validating the user decentralized identifier and the attestation issuer decentralized identifier; (5) verifying that the attestation has not been revoked; and (6) communicating that the attestation is valid to the relying party.Type: ApplicationFiled: May 19, 2020Publication date: November 26, 2020Inventors: Tyrone LOBBAN, Christine MOY, Oliver MARGOLIS, Bruce HORNER, Christine LEONG, Kanishk MAHAJAN, Martin KOCEN, Jaroslav SAXA, Rob PEREZ