Patents by Inventor SHIYU LIAO

SHIYU LIAO 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).

  • Apparatus and method for providing protocol for digital asset trading
    Patent number: 11544787
    Abstract: A method for a protocol in digital asset trading includes step as follow. Trading information is exchanged between the first and the second nodes, in which a first digital currency belonging to the first node and a second digital currency belonging to the second node are expected to be exchanged, and prices of the first and second digital currencies are time-dependent. An atomic swap script and a smart contract are generated. A compensation fee to be paid to the second node by the first node is computed. A redeeming or refunding event is performed in response to the atomic swap script and the smart contract with paying the compensation fee to the second node, in which the compensation fee is dependent on the prices of the first and second digital currencies such that is time-dependent.
    Type: Grant
    Filed: June 29, 2020
    Date of Patent: January 3, 2023
    Assignee: Hong Kong Applied Science and Technology Research Institute Company Limited
    Inventors: Ze Yang, Zhibin Lei, Yang Liu, Kangheng Wu, Shiyu Liao
  • APPARATUS AND METHOD FOR PROVIDING PROTOCOL FOR DIGITAL ASSET TRADING
    Publication number: 20210407001
    Abstract: A method for a protocol in digital asset trading includes step as follow. Trading information is exchanged between the first and the second nodes, in which a first digital currency belonging to the first node and a second digital currency belonging to the second node are expected to be exchanged, and prices of the first and second digital currencies are time-dependent. An atomic swap script and a smart contract are generated. A compensation fee to be paid to the second node by the first node is computed. A redeeming or refunding event is performed in response to the atomic swap script and the smart contract with paying the compensation fee to the second node, in which the compensation fee is dependent on the prices of the first and second digital currencies such that is time-dependent.
    Type: Application
    Filed: June 29, 2020
    Publication date: December 30, 2021
    Inventors: ZE YANG, ZHIBIN LEI, YANG LIU, KANGHENG WU, SHIYU LIAO