Patents by Inventor Tianqing Leng

Tianqing Leng 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: 10225076
    Abstract: A method and system to securely split a digital promise that is recorded in a blockchain. A digital promise represents a promise by a promisor to pay a promisee an asset when a specified condition is satisfied. The specified condition may be fulfillment of a digital contract, also recorded in the blockchain, to which the digital promise is linked. When splitting a digital promise, a split transaction is recorded indicating a split into a first child digital promise and a second child digital promise. In each child digital promise, the promisor promises to pay a child promisee a portion of the asset when a specified child condition is satisfied. When a digital promise is split, the digital promise itself is no longer payable, but the child digital promises are payable when both the specified condition and the specified child condition for the child digital promise are satisfied.
    Type: Grant
    Filed: February 17, 2017
    Date of Patent: March 5, 2019
    Inventors: Tianqing Leng, Tianhui Leng
  • Publication number: 20180241546
    Abstract: A method and system to securely split a digital promise that is recorded in a blockchain. A digital promise represents a promise by a promisor to pay a promisee an asset when a specified condition is satisfied. The specified condition may be fulfillment of a digital contract, also recorded in the blockchain, to which the digital promise is linked. When splitting a digital promise, a split transaction is recorded indicating a split into a first child digital promise and a second child digital promise. In each child digital promise, the promisor promises to pay a child promisee a portion of the asset when a specified child condition is satisfied. When a digital promise is split, the digital promise itself is no longer payable, but the child digital promises are payable when both the specified condition and the specified child condition for the child digital promise are satisfied.
    Type: Application
    Filed: February 17, 2017
    Publication date: August 23, 2018
    Inventors: Tianqing Leng, Tianhui Leng