Patents by Inventor Zachary Pessin

Zachary Pessin 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 OF A DISTRIBUTED CAPITAL SYSTEM
    Publication number: 20200286174
    Abstract: A method of conducting a financial transaction over a computerized network instituting a financial transaction as a currency exchange from a first currency to a second currency; and matching said first currency from at least one party, with said second currency from at least one counterparty.
    Type: Application
    Filed: March 31, 2020
    Publication date: September 10, 2020
    Inventor: Zachary PESSIN
  • Apparatus and method of a distributed capital system
    Patent number: 10643279
    Abstract: A method conducting financial transactions over a computerized network, where a plurality of client computers and servers, which are connected to one another, over a network, solve for a set of transaction vectors that change a routing of capital between any transaction participants in a manner that deviates from the original intended transaction vectors between any original sending participant or any original receiving participant; and wherein movement of the capital between transaction participants is optimized for efficiency.
    Type: Grant
    Filed: November 8, 2017
    Date of Patent: May 5, 2020
    Inventor: Zachary Pessin
  • APPARATUS AND METHOD OF A DISTRIBUTED CAPITAL SYSTEM
    Publication number: 20180068389
    Abstract: A method conducting financial transactions over a computerized network, where a plurality of client computers and servers, which are connected to one another, over a network, solve for a set of transaction vectors that change a routing of capital between any transaction participants in a manner that deviates from the original intended transaction vectors between any original sending participant or any original receiving participant; and wherein movement of the capital between transaction participants is optimized for efficiency.
    Type: Application
    Filed: November 8, 2017
    Publication date: March 8, 2018
    Inventor: Zachary PESSIN
  • Apparatus and method of a distributed capital system
    Patent number: 9830656
    Abstract: A method conducting financial transactions over a computerized network, which includes conducting awareness propagation such that capital movement over a participant system-network is optimized.
    Type: Grant
    Filed: March 24, 2015
    Date of Patent: November 28, 2017
    Inventor: Zachary Pessin
  • APPARATUS AND METHOD OF A DISTRIBUTED CAPITAL SYSTEM
    Publication number: 20150193879
    Abstract: A method conducting financial transactions over a computerized network, which includes conducting awareness propagation such that capital movement over a participant system-network is optimized.
    Type: Application
    Filed: March 24, 2015
    Publication date: July 9, 2015
    Inventor: Zachary PESSIN
  • Apparatus and method of a distributed capital system
    Patent number: 9020851
    Abstract: Methods, systems, and articles of manufacture consistent with the present invention provide for conducting financial transactions over a network. A user requests to execute at least one financial transaction with at least one of a number of parties, each of the parties corresponding to a data processing system on the network. Real-time financial information relating to the financial transaction is obtained, and the user can test and confirm that the financial transaction with the at least one party can take place prior to execution of the financial transaction.
    Type: Grant
    Filed: June 11, 2012
    Date of Patent: April 28, 2015
    Inventor: Zachary Pessin
  • APPARATUS AND METHOD OF A DISTRIBUTED CAPITAL SYSTEM
    Publication number: 20120259763
    Abstract: Methods, systems, and articles of manufacture consistent with the present invention provide for conducting financial transactions over a network. A user requests to execute at least one financial transaction with at least one of a number of parties, each of the parties corresponding to a data processing system on the network. Real-time financial information relating to the financial transaction is obtained, and the user can test and confirm that the financial transaction with the at least one party can take place prior to execution of the financial transaction.
    Type: Application
    Filed: June 11, 2012
    Publication date: October 11, 2012
    Inventor: Zachary PESSIN
  • Apparatus and method of a distributed capital system
    Patent number: 8224744
    Abstract: Methods, systems, and articles of manufacture consistent with the present invention provide for conducting financial transactions over a network. A user requests to execute at least one financial transaction with at least one of a number of parties, each of the parties corresponding to a data processing system on the network. Real-time financial information relating to the financial transaction is obtained, and the user can test and confirm that the financial transaction with the at least one party can take place prior to execution of the financial transaction.
    Type: Grant
    Filed: July 20, 2009
    Date of Patent: July 17, 2012
    Inventor: Zachary Pessin
  • Apparatus and method of a distributed capital system
    Publication number: 20100145876
    Abstract: Methods, systems, and articles of manufacture consistent with the present invention provide for conducting financial transactions over a network. A user requests to execute at least one financial transaction with at least one of a number of parties, each of the parties corresponding to a data processing system on the network. Real-time financial information relating to the financial transaction is obtained, and the user can test and confirm that the financial transaction with the at least one party can take place prior to execution of the financial transaction.
    Type: Application
    Filed: July 20, 2009
    Publication date: June 10, 2010
    Inventor: Zachary Pessin
  • Apparatus and method of a distributed capital system
    Patent number: 7590595
    Abstract: Methods, systems, and articles of manufacture consistent with the present invention provide for conducting financial transactions over a network. A user requests to execute at least one financial transaction with at least one of a number of parties, each of the parties corresponding to a data processing system on the network. Real-time financial information relating to the financial transaction is obtained, and the user can test and confirm that the financial transaction with the at least one party can take place prior to execution of the financial transaction.
    Type: Grant
    Filed: February 14, 2003
    Date of Patent: September 15, 2009
    Inventor: Zachary Pessin
  • Apparatus and method of a distributed capital system
    Publication number: 20030182230
    Abstract: Methods, systems, and articles of manufacture consistent with the present invention provide for conducting financial transactions over a network. A user requests to execute at least one financial transaction with at least one of a number of parties, each of the parties corresponding to a data processing system on the network. Real-time financial information relating to the financial transaction is obtained, and the user can test and confirm that the financial transaction with the at least one party can take place prior to execution of the financial transaction.
    Type: Application
    Filed: February 14, 2003
    Publication date: September 25, 2003
    Inventor: Zachary Pessin