Patent SG-11202000311W-A (SG)
Title: Systems and methods for automated decentralized multilateral transaction processing
Inventor: FALAH SAMER
IPC: G06Q40/06
Filed: 2018-07-13
Abstract: INTERNATIONAL APPLICATION PUBLISHED UNDER THE PATENT COOPERATION TREATY (PCT) (19) World Intellectual Property Organization International Bureau IiiiivitoitivionniolooloviviummovifloilloimIE (43) International Publication Date 17 January 2019 (17.01.2019) (10) International Publication Number WO 2019/014523 Al WIPO I PCT (51) International Patent Classification: GOOF 21/62 (2013.01) GO6Q 40/06 (2012.01) GO6Q 40/02 (2012.01) HO4L 29/06 (2006.01) GO6Q 40/04 (2012.01) Park Avenue, New York, NY 10017 (US). VALIVETI, Sai Murali, Krishna; 270 Park Avenue, New York, NY 10017 (US). MUNNINGS, Peter; 270 Park Avenue, New York, NY 10017 (US). BEYERS, Coenie; 270 Park Avenue, New York, NY 10017 (US). NIELSEN, Patrick, Mylund; 270 Park Avenue, New York, NY 10017 (US). (74) Agent: KING, Robert, A. et al.; Hunton Andrews Kurth LLP, 2200 Pennsylvania Ave, NW, Washington, DC 20037 (US). (81) Designated States (unless otherwise indicated, for every kind of national protection available): AE, AG, AL, AM, 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, DZ, EC, EE, EG, ES, FI, GB, GD, GE, GH, GM, GT, HN, HR, HU, ID, IL, IN, IR, IS, JO, JP, KE, KG, KH, KN, KP, KR, KW, KZ, LA, LC, LK, LR, LS, LU, LY, MA, MD, ME, MG, MK, MN, MW, MX, MY, MZ, NA, NG, NI, NO, NZ, OM, PA, PE, PG, PH, PL, PT, QA, RO, RS, RU, RW, SA, SC, SD, SE, SG, SK, SL, SM, ST, SV, SY, TH, TJ, TM, TN, TR, TT, TZ, UA, UG, US, UZ, VC, VN, ZA, ZM, ZW. 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, (21) International Application Number: PCT/US2018/041964 (22) International Filing Date: 13 July 2018 (13.07.2018) English English (25) Filing Language: (26) Publication Language: (30) Priority Data: 62/532,051 13 July 2017 (13.07.2017) US (71) Applicant: JPORGAN CHASE BANK, N.A. [US/US]; 270 Park Avenue, New York, NY 10017 (US). (72) Inventors; and (71) Applicants: MANJUNATHA, Archana [GB/SG]; 270 Park Avenue, New York, NY 10017 (US). ZHIYAO, Zhou [CN/SG]; 270 Park Avenue, New York, NY 10017 (US). (72) Inventors: FALAH, Samer; 270 Park Avenue, New York, NY 10017 (US). LOBBAN, Tyrone; 270 Park Avenue, New York, NY 10017 (US). MALLELA, Naveen; 270 Park Avenue, New York, NY 10017 (US). SHI, Zekun; 270 (84) (54) Title: SYSTEMS AND METHODS FOR AUTOMATED DECENTRALIZED MULTILATERAL TRANSACTION PRO- CESSING r Rules 1 ( Proof Orchestrator Generator (112) ( 11 6) Rules Proof Orchestrator Generator , (122) (125) L stener (124) Decent alized App 2 120) 'stoner (114) Decent alized App 1 1 1 0) (57) : Systems and methods for automated decentralized multilateral transaction processing are disclosed. According to one embodiment, in an in- formation processing apparatus comprising at least one computer processor, a method for automated decentralized multilateral transaction processing may in- clude: (1) receiving a plurality of transaction requests to conduct a plurality of transactions; (2) determining that a party to a first transaction of the plurality of transactions does not meet a liquidity requirement to conduct the first trans- action; (3) executing a netting algorithm to identify a second transaction of the plurality of transactions that when executed allows the first transaction to exe- cute; and (4) executing the first and second transactions. W O 20 19/0 145 23 Al Veri 152) fication Leaner ( I 054) Proof ye ti : . 1 Ledger (164) n (182) n ni..] Payment Netting Manger (165) ' (166) Payment Netting ' manger (158) I (156) Node (1 ) Node (16 ) Proof Verification 077) Ledger (174) Payment I Netting 114 ( . 1 , 4'7 (178) Node (1 0) Rules Orchestrator l (132) Proof Generator (136) ntener (134) De ent alized App 3 (130) FIGURE 1 [Continued on next page] WO 2019/014523 Al MIDEDIMOMOIDEIRMEIONIMMEIMIDEMEHOIS 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). Published: — with international search report (Art. 21(3))