Patents by Inventor Robert Mitchnick

Robert Mitchnick 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).

  • System and method for using data in digitized blocks in a blockchain as collateral
    Patent number: 12688497
    Abstract: Shares in a fund, such as a money market fund (“MMF”), may be created in a digitized format using distributed ledger technology (“DLT”). The digitized shares correspond to physical shares of the MMF that may be obtained at an exchange. The digitized shares may be stored in a distributed ledger, such as a blockchain. The DLT provides for instantaneous transfer of the digitized shares using digital signatures. The digitized shares may be used as collateral, such that a first entity maintains ownership of physical shares in the MMF while transferring control of the digitized shares in the distributed ledger to a second entity.
    Type: Grant
    Filed: April 4, 2022
    Date of Patent: July 21, 2026
    Assignee: BlackRock Finance, Inc.
    Inventors: Robert Mitchnick, Jonathan Steel