Patent ID: 11948182
Assignee: TZERO IP, LLC
Field: IT methods for management (Electrical engineering)
Classification: CPC G  H | IPC G

Claim 11:
12. A method comprising:
transmitting a first trade request of trade requests from a first computing device of computing devices to a first network node of network nodes communicatively coupled in a peer-to-peer network where connections between the network nodes have different delays along different data pathways, wherein the trade requests are to trade assets;
transmitting a second trade request of the trade requests from a second computing device of the computing devices to a second network node of the network nodes;
distributing information relating to when a plurality of trade requests are received by the network nodes from each of the network nodes to other network nodes of the network nodes using a common time base;
determining an order in which the trade requests are received by the network nodes at each of a first plurality of the network nodes using the information about when the plurality of trade requests are received by the network nodes;
reaching consensus of the order in which the trade requests are received by the network nodes at the first plurality of the network nodes using the information about when the plurality of trade requests are received by the network nodes;
generating common ordered data at each of the first plurality of the network nodes based on the order in which the trade requests are received by the network nodes; and
individually executing at least a portion of the trade requests at each of a second plurality of the network nodes based on the common ordered data, wherein at least one of the second plurality of the network nodes is not included in the first plurality of the network nodes, wherein the execution occurs in a common order within the second plurality of the network nodes because each of the second plurality of the network nodes is using the common ordered data.