Patent SG-11201900147W-A (SG)
Title: Digital property management on a distributed transaction consensus network
Inventor: WU LING
IPC: G06Q40/06
Filed: 2017-01-06
Abstract: INTERNATIONAL APPLICATION PUBLISHED UNDER THE PATENT COOPERATION TREATY (PCT) (19) World Intellectual Property 1111111111 0111011110111111110111110101110111011110111 MI MI MI Organization International Bureau (10) International Publication Number (43) International Publication Date .....0\"\"\" WO 2018/022131 Al 01 February 2018 (01.02.2018) WIP0 I PCT (51) International Patent Classification: (71) Applicant: TBCASOFT, INC. [US/US]; 440 N. Wolfe G06Q 20/32 (2012.01) G06Q 40/06 (2012.01) Rd., Sunnyvale, California 94085 (US). G06Q 20/38 (2012.01) (72) Inventor: WU, Ling; 6692 Canterbury Ct., San Jose, Cal- (21) International Application Number: ifornia 95129 (US). PCT/US2017/012613 (74) Agent: LIN, Huan-Yi; 4521 Wellfleet Dr., Huntington (22) International Filing Date: Beach, California 92649 (US). 06 January 2017 (06.01.2017) (81) Designated States (unless otherwise indicated, for every (25) Filing Language: English kind of national protection available): AE, AG, AL, AM, (26) Publication Language: English AO, AT, AU, AZ, BA, BB, BG, BH, BN, BR, BW, BY, BZ, CA, CH, CL, CN, CO, CR, CU, CZ, DE, DJ, DK, DM, DO, (30) Priority Data: DZ, EC, EE, EG, ES, FI, GB, GD, GE, GH, GM, GT, HN, 62/366,119 25 July 2016 (25.07.2016) US HR, HU, ID, IL, IN, IR, IS, JP, KE, KG, KH, KN, KP, KR, KW, KZ, LA, LC, LK, LR, LS, LU, LY, MA, MD, ME, MG, (63) Related by continuation (CON) or continuation-in-part MK, MN, MW, MX, MY, MZ, NA, NG, NI, NO, NZ, OM, (CIP) to earlier application: PA, PE, PG, PH, PL, PT, QA, RO, RS, RU, RW, SA, SC, US 62/366119 (CON) SD, SE, SG, SK, SL, SM, ST, SV, SY, TH, TJ, TM, TN, TR, Filed on 25 July 2016 (25.07.2016) TT, TZ, UA, UG, US, UZ, VC, VN, ZA, ZM, ZW. = (54) Title: DIGITAL PROPERTY MANAGEMENT ON = — C = _ = Achunstra A DISTRIBUTED TRANSACTION CONSENSUS NETWORK ''' I i ' - 1 -A \ • Ri-i NODE = TA PROPERTY - , ISSUER - = = 1 ISSUER \ • MINER ROPER ISSUER i = SS MINER = = = /EM R NODE = = / (. ./'(, Ti VA /t/c/tk Frci,1 1-1 11 f.r1 (57) : Method and system to manage digital properties, in particular to instantly clear and settle transactions of digital properties 1-1 ei between two virtual wallets, based on cryptographic technology in a distributed transaction consensus network, eliminating the risks, f'1 complication, and time consumption associated with traditional settlement proceedings. Each virtual wallet can only store digital prop- erties --.... issued by the digital property issuer with which the virtual wallet is associated. When a transaction is completed, no extra action c)1: 1-1 is needed for clearing and settlement between a virtual wallet owner (a sender or a recipient) and its associated digital property issuer. 0 ei O [Continued on next page] WO 2018/022131 Al DIII (84) Designated States (unless otherwise indicated, for every kind of regional protection available): ARIPO (BW, GH, GM, KE, LR, LS, MW, MZ, NA, RW, SD, SL, ST, SZ, TZ, UG, ZM, ZW), Eurasian (AM, AZ, BY, KG, KZ, RU, TJ, TM), European (AL, AT, BE, BG, CH, CY, CZ, DE, DK, EE, ES, FI, FR, GB, GR, HR, HU, IE, IS, IT, LT, LU, LV, MC, MK, MT, NL, NO, PL, PT, RO, RS, SE, SI, SK, SM, TR), OAPI (BF, BJ, CF, CG, CI, CM, GA, GN, GQ, GW, KM, ML, MR, NE, SN, TD, TG). Declarations under Rule 4.17: — as to the identity of the inventor (Rule 4.17(1)) — as to applicant's entitlement to apply for and be granted a patent (Rule 4.17(11)) — as to the applicant's entitlement to claim the priority of the earlier application (Rule 4.17(iii)) — of inventorship (Rule 4.17(iv)) Published: — with international search report (Art. 21(3))