Patents by Inventor Richard Lee Grogan

Richard Lee Grogan 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).

  • Patent number: 12293354
    Abstract: A digital currency system that may make use of a distributed network in validating coin ownership as part of processing of transactions of coins of the currency. Compute devices may include both wallet modules and teller modules, with the wallet modules used for user access to digital currency related functions and the teller modules used for processing transactions of the many users. The system may provide automatic denomination coin unit change. The digital currency may be transformed into a physical representation. The digital currency may be virtual currency or cryptocurrency.
    Type: Grant
    Filed: September 7, 2022
    Date of Patent: May 6, 2025
    Assignee: XiXVentures, LLC
    Inventors: Paul Roger Tavanez, Richard Lee Grogan
  • Publication number: 20230004955
    Abstract: A digital currency system that may make use of a distributed network in validating coin ownership as part of processing of transactions of coins of the currency. Compute devices may include both wallet modules and teller modules, with the wallet modules used for user access to digital currency related functions and the teller modules used for processing transactions of the many users. The system may provide automatic denomination coin unit change. The digital currency may be transformed into a physical representation. The digital currency may be virtual currency or cryptocurrency.
    Type: Application
    Filed: September 7, 2022
    Publication date: January 5, 2023
    Inventors: Paul Roger Tavanez, Richard Lee Grogan
  • Publication number: 20210182804
    Abstract: A peer-to-peer (P2P) digital money system using selectable types of: digital money; digital currency; digital coin; utility token; virtual currency; cryptocurrency; electronic currency, to manage value utilizing: a software process of steps and methods; network teller nodes and teller network validation using: communication networks; encoding of descriptive data fields and properties; value denominations, creating direct personal physical possession and selectable physical embodiment, with automatic or manual financial transactions, performing transaction authorization using: storage systems; distributed mesh storage, creating: a digital commerce system; an aggregator handling system, with a digital minting system and a selectable value influencing system.
    Type: Application
    Filed: December 14, 2019
    Publication date: June 17, 2021
    Inventors: Paul Roger Tavanez, Richard Lee Grogan