EP 3120309 A1 20170125 - VIRTUAL CURRENCY SYSTEM
Title (en)
VIRTUAL CURRENCY SYSTEM
Title (de)
VIRTUELLES WÄHRUNGSSYSTEM
Title (fr)
SYSTÈME MONÉTAIRE VIRTUEL
Publication
Application
Priority
- US 201414218781 A 20140318
- US 201414218776 A 20140318
- US 201414218763 A 20140318
- US 2015021310 W 20150318
Abstract (en)
[origin: WO2015143068A1] A system including a network connected to at least one mint computing device implementing a virtual currency mint. The network has a ring topology and includes computing devices that implement a plurality of nodes. The mint issues units of virtual currency to user accounts implemented by the nodes. Each of at least a portion of the nodes is configured to initiate (as a sender node) a transaction with a recipient node that transfers at least one unit of the virtual currency from a sender one of the user accounts to a recipient one of the user accounts. The recipient node validates the transaction, creates a receipt, performs an operation on the receipt to identify a storage node, and routes the receipt to the storage node. The storage node stores the receipt, identifies next storage nodes, and routes copies of the receipt to the next storage nodes for storage thereby. Also disclosed are methods for use with computing devices implementing a plurality of nodes of a ring-shaped overlay network wherein a joining node implemented by a joining computing device requests a connection with a bootstrap node of the plurality of nodes and is either validated or rejected based upon the results of the validation procedure.
IPC 8 full level
G06Q 20/36 (2012.01); G07F 17/32 (2006.01)
CPC (source: EP)
G06Q 20/0655 (2013.01); G06Q 20/0658 (2013.01); G06Q 20/12 (2013.01); G06Q 20/36 (2013.01); H04L 9/0894 (2013.01); H04L 9/3239 (2013.01); H04L 9/3247 (2013.01)
Designated contracting state (EPC)
AL AT BE BG CH CY CZ DE DK EE ES FI FR GB GR HR HU IE IS IT LI LT LU LV MC MK MT NL NO PL PT RO RS SE SI SK SM TR
Designated extension state (EPC)
BA ME
DOCDB simple family (publication)
WO 2015143068 A1 20150924; CA 2943230 A1 20150924; CA 2943230 C 20180717; CA 3004250 A1 20150924; CA 3004250 C 20191029; CA 3004263 A1 20150924; CA 3004263 C 20200707; CA 3004266 A1 20150924; CA 3004266 C 20191022; CA 3080370 A1 20150924; EP 3120309 A1 20170125; EP 3120309 A4 20171011; EP 3702992 A1 20200902
DOCDB simple family (application)
US 2015021310 W 20150318; CA 2943230 A 20150318; CA 3004250 A 20150318; CA 3004263 A 20150318; CA 3004266 A 20150318; CA 3080370 A 20150318; EP 15764765 A 20150318; EP 20161897 A 20150318