Patents by Inventor Ryan Pierce

Ryan Pierce 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: 12613859
    Abstract: The disclosed embodiments relate to implementation of a syntax for altering one or more rules by which a blockchain may be modified wherein the software implementing each client of a blockchain network are programmed to be responsive to requests or directives to alter one or more rules by which blocks may be added to a blockchain responsive to transactions received for storage therein, the requests/directives being processed by the client as a transaction and added to the block in accordance with the current state of the operating rules, thereby adding a new rule or modifying an existing rule for subsequent operation of the client.
    Type: Grant
    Filed: April 22, 2024
    Date of Patent: April 28, 2026
    Assignee: Chicago Mercantile Exchange Inc.
    Inventors: Ryan Pierce, Ajay Madhavan, Stanislav Liberman, Mansoor Ahmed
  • Publication number: 20250299257
    Abstract: Systems and methods are disclosed for settling futures contracts that are based on virtual currencies. A clearing counter-party operates a clearing counter-party computer that may oversee physical delivery of virtual currency between a buyer and seller. The clearing counter-party computer does not take possession of the virtual currency and monitors a publicly viewable ledger to confirm that transactions have taken place.
    Type: Application
    Filed: June 6, 2025
    Publication date: September 25, 2025
    Applicant: Chicago Mercantile Exchange Inc.
    Inventors: Ryan Pierce, Sandra Ro, Mansoor Ahmed
  • Publication number: 20250292327
    Abstract: The disclosed systems and methods make derivatives contracts based on an underlying virtual currency available for trading. Certain derivatives contracts have a settlement value based on the transaction fees associated with recording and/or performing transactions for the selected virtual currency. The contracts can be used, for example, by virtual currency miners against certain risks associated with mining virtual currency.
    Type: Application
    Filed: May 29, 2025
    Publication date: September 18, 2025
    Applicant: Chicago Mercantile Exchange Inc.
    Inventors: Ryan Pierce, Mansoor Ahmed, John Plante
  • Patent number: 12406318
    Abstract: The disclosed embodiments relate generally to complex data stream control and entitlement. Specifically, the disclosed embodiments provide systems and methods for ensuring that only authenticated/verified participants receive data streams. A third party, e.g., a party other than the data provider or the data recipient, who is nevertheless associated with both the data provider and the data recipient, may be involved in controlling whether data streams from the data provider can reach the data recipient. Thus, a third party may logically sit between the data provider and the data recipient, and may decide whether the data recipient should receive data streams. The disclosed embodiments implement data generation, flow, control and permissioning between multiple entities via digital assets accessed and manipulated on a shared data structure.
    Type: Grant
    Filed: October 19, 2023
    Date of Patent: September 2, 2025
    Assignee: Chicago Mercantile Exchange Inc.
    Inventors: Ryan Pierce, Elizabeth Freeman, Angela Wozniak, Mansoor Ahmed
  • Patent number: 12346964
    Abstract: Systems and methods are disclosed for settling futures contracts that are based on virtual currencies. A clearing counter-party operates a clearing counter-party computer that may oversee physical delivery of virtual currency between a buyer and seller. The clearing counter-party computer does not take possession of the virtual currency and monitors a publicly viewable ledger to confirm that transactions have taken place.
    Type: Grant
    Filed: October 26, 2022
    Date of Patent: July 1, 2025
    Assignee: Chicago Mercantile Exchange Inc.
    Inventors: Ryan Pierce, Sandra Ro, Mansoor Ahmed
  • Patent number: 12340417
    Abstract: The disclosed systems and methods make derivatives contracts based on an underlying virtual currency available for trading. Certain derivatives contracts have a settlement value based on the transaction fees associated with recording and/or performing transactions for the selected virtual currency. The contracts can be used, for example, by virtual currency miners against certain risks associated with mining virtual currency.
    Type: Grant
    Filed: September 20, 2022
    Date of Patent: June 24, 2025
    Assignee: Chicago Mercantile Exchange Inc.
    Inventors: Ryan Pierce, Mansoor Ahmed, John Plante
  • Publication number: 20240273085
    Abstract: The disclosed embodiments relate to implementation of a syntax for altering one or more rules by which a blockchain may be modified wherein the software implementing each client of a blockchain network are programmed to be responsive to requests or directives to alter one or more rules by which blocks may be added to a blockchain responsive to transactions received for storage therein, the requests/directives being processed by the client as a transaction and added to the block in accordance with the current state of the operating rules, thereby adding a new rule or modifying an existing rule for subsequent operation of the client.
    Type: Application
    Filed: April 22, 2024
    Publication date: August 15, 2024
    Applicant: Chicago Mercantile Exchange Inc.
    Inventors: Ryan Pierce, Ajay Madhavan, Stanislav Liberman, Mansoor Ahmed
  • Patent number: 11995067
    Abstract: The disclosed embodiments relate to implementation of a syntax for altering one or more rules by which a blockchain may be modified wherein the software implementing each client of a blockchain network are programmed to be responsive to requests or directives to alter one or more rules by which blocks may be added to a blockchain responsive to transactions received for storage therein, the requests/directives being processed by the client as a transaction and added to the block in accordance with the current state of the operating rules, thereby adding a new rule or modifying an existing rule for subsequent operation of the client.
    Type: Grant
    Filed: March 21, 2022
    Date of Patent: May 28, 2024
    Assignee: Chicago Mercantile Exchange Inc.
    Inventors: Ryan Pierce, Ajay Madhavan, Stanislav Liberman, Mansoor Ahmed
  • Publication number: 20240070795
    Abstract: The disclosed embodiments relate generally to complex data stream control and entitlement. Specifically, the disclosed embodiments provide systems and methods for ensuring that only authenticated/verified participants receive data streams. A third party, e.g., a party other than the data provider or the data recipient, who is nevertheless associated with both the data provider and the data recipient, may be involved in controlling whether data streams from the data provider can reach the data recipient. Thus, a third party may logically sit between the data provider and the data recipient, and may decide whether the data recipient should receive data streams. The disclosed embodiments implement data generation, flow, control and permissioning between multiple entities via digital assets accessed and manipulated on a shared data structure.
    Type: Application
    Filed: October 19, 2023
    Publication date: February 29, 2024
    Applicant: Chicago Mercantile Exchange Inc.
    Inventors: Ryan Pierce, Elizabeth Freeman, Angela Wozniak, Mansoor Ahmed
  • Patent number: 11830094
    Abstract: The disclosed embodiments relate generally to complex data stream control and entitlement. Specifically, the disclosed embodiments provide systems and methods for ensuring that only authenticated/verified participants receive data streams. A third party, e.g., a party other than the data provider or the data recipient, who is nevertheless associated with both the data provider and the data recipient, may be involved in controlling whether data streams from the data provider can reach the data recipient. Thus, a third party may logically sit between the data provider and the data recipient, and may decide whether the data recipient should receive data streams. The disclosed embodiments implement data generation, flow, control and permissioning between multiple entities via digital assets accessed and manipulated on a shared data structure.
    Type: Grant
    Filed: February 15, 2022
    Date of Patent: November 28, 2023
    Assignee: Chicago Mercantile Exchange Inc.
    Inventors: Ryan Pierce, Elizabeth Freeman, Angela Wozniak, Mansoor Ahmed
  • Publication number: 20230043871
    Abstract: Systems and methods are disclosed for settling futures contracts that are based on virtual currencies. A clearing counter-party operates a clearing counter-party computer that may oversee physical delivery of virtual currency between a buyer and seller. The clearing counter-party computer does not take possession of the virtual currency and monitors a publicly viewable ledger to confirm that transactions have taken place.
    Type: Application
    Filed: October 26, 2022
    Publication date: February 9, 2023
    Applicant: Chicago Mercantile Exchange Inc.
    Inventors: Ryan Pierce, Sandra Ro, Mansoor Ahmed
  • Publication number: 20230016699
    Abstract: The disclosed systems and methods make derivatives contracts based on an underlying virtual currency available for trading. Certain derivatives contracts have a settlement value based on the transaction fees associated with recording and/or performing transactions for the selected virtual currency. The contracts can be used, for example, by virtual currency miners against certain risks associated with mining virtual currency.
    Type: Application
    Filed: September 20, 2022
    Publication date: January 19, 2023
    Applicant: Chicago Mercantile Exchange Inc.
    Inventors: Ryan Pierce, Mansoor Ahmed, John Plante
  • Patent number: 11514522
    Abstract: Systems and methods are disclosed for settling futures contracts that are based on virtual currencies. A clearing counter-party operates a clearing counter-party computer that may oversee physical delivery of virtual currency between a buyer and seller. The clearing counter-party computer does not take possession of the virtual currency and monitors a publicly viewable ledger to confirm that transactions have taken place.
    Type: Grant
    Filed: November 11, 2019
    Date of Patent: November 29, 2022
    Assignee: Chicago Mercantile Exchange Inc.
    Inventors: Ryan Pierce, Sandra Ro, Mansoor Ahmed
  • Patent number: 11488245
    Abstract: The disclosed systems and methods make derivatives contracts based on an underlying virtual currency available for trading. Certain derivatives contracts have a settlement value based on the transaction fees associated with recording and/or performing transactions for the selected virtual currency. The contracts can be used, for example, by virtual currency miners against certain risks associated with mining virtual currency.
    Type: Grant
    Filed: February 8, 2021
    Date of Patent: November 1, 2022
    Assignee: Chicago Mercantile Exchange Inc.
    Inventors: Ryan Pierce, Mansoor Ahmed, John Plante
  • Publication number: 20220222243
    Abstract: The disclosed embodiments relate to implementation of a syntax for altering one or more rules by which a blockchain may be modified wherein the software implementing each client of a blockchain network are programmed to be responsive to requests or directives to alter one or more rules by which blocks may be added to a blockchain responsive to transactions received for storage therein, the requests/directives being processed by the client as a transaction and added to the block in accordance with the current state of the operating rules, thereby adding a new rule or modifying an existing rule for subsequent operation of the client.
    Type: Application
    Filed: March 21, 2022
    Publication date: July 14, 2022
    Applicant: Chicago Mercantile Exchange Inc.
    Inventors: Ryan Pierce, Ajay Madhavan, Stanislav Liberman, Mansoor Ahmed
  • Publication number: 20220172311
    Abstract: The disclosed embodiments relate generally to complex data stream control and entitlement. Specifically, the disclosed embodiments provide systems and methods for ensuring that only authenticated/verified participants receive data streams. A third party, e.g., a party other than the data provider or the data recipient, who is nevertheless associated with both the data provider and the data recipient, may be involved in controlling whether data streams from the data provider can reach the data recipient. Thus, a third party may logically sit between the data provider and the data recipient, and may decide whether the data recipient should receive data streams. The disclosed embodiments implement data generation, flow, control and permissioning between multiple entities via digital assets accessed and manipulated on a shared data structure.
    Type: Application
    Filed: February 15, 2022
    Publication date: June 2, 2022
    Applicant: Chicago Mercantile Exchange Inc.
    Inventors: Ryan Pierce, Elizabeth Freeman, Angela Wozniak, Mansoor Ahmed
  • Patent number: 11314722
    Abstract: The disclosed embodiments relate to implementation of a syntax for altering one or more rules by which a blockchain may be modified wherein the software implementing each client of a blockchain network are programmed to be responsive to requests or directives to alter one or more rules by which blocks may be added to a blockchain responsive to transactions received for storage therein, the requests/directives being processed by the client as a transaction and added to the block in accordance with the current state of the operating rules, thereby adding a new rule or modifying an existing rule for subsequent operation of the client.
    Type: Grant
    Filed: July 16, 2019
    Date of Patent: April 26, 2022
    Assignee: Chicago Mercantile Exchange Inc.
    Inventors: Ryan Pierce, Ajay Madhavan, Stanislav Liberman, Mansoor Ahmed
  • Patent number: 11288758
    Abstract: The disclosed embodiments relate generally to complex data stream control and entitlement. Specifically, the disclosed embodiments provide systems and methods for ensuring that only authenticated/verified participants receive data streams. A third party, e.g., a party other than the data provider or the data recipient, who is nevertheless associated with both the data provider and the data recipient, may be involved in controlling whether data streams from the data provider can reach the data recipient. Thus, a third party may logically sit between the data provider and the data recipient, and may decide whether the data recipient should receive data streams. The disclosed embodiments implement data generation, flow, control and permissioning between multiple entities via digital assets accessed and manipulated on a shared data structure.
    Type: Grant
    Filed: January 22, 2020
    Date of Patent: March 29, 2022
    Assignee: CHICAGO MERCANTILE EXCHANGE INC.
    Inventors: Ryan Pierce, Elizabeth Freeman, Angela Wozniak, Mansoor Ahmed
  • Publication number: 20210158448
    Abstract: The disclosed systems and methods make derivatives contracts based on an underlying virtual currency available for trading. Certain derivatives contracts have a settlement value based on the transaction fees associated with recording and/or performing transactions for the selected virtual currency. The contracts can be used, for example, by virtual currency miners against certain risks associated with mining virtual currency.
    Type: Application
    Filed: February 8, 2021
    Publication date: May 27, 2021
    Applicant: Chicago Mercantile Exchange Inc.
    Inventors: Ryan Pierce, Mansoor Ahmed, John Plante
  • Patent number: 10949922
    Abstract: The disclosed systems and methods make derivatives contracts based on an underlying virtual currency available for trading. Certain derivatives contracts have a settlement value based on the transaction fees associated with recording and/or performing transactions for the selected virtual currency. The contracts can be used, for example, by virtual currency miners against certain risks associated with mining virtual currency.
    Type: Grant
    Filed: June 30, 2016
    Date of Patent: March 16, 2021
    Assignee: Chicago Mercantile Exchange Inc.
    Inventors: Ryan Pierce, Mansoor Ahmed, John Plante