Patent ID: 11861609

Abstract:
A blockchain value transfer method including receiving a plurality of transaction requests, performing a balance check procedure on each transaction, determining a net transaction for each user account address for each transaction in an aggregate transaction record, and executing the net transaction for each user account address, including withdrawing first in-network tokens from user account addresses with a net debit and exchanging first in-network tokens for first tethered tokens, recording a transaction to the first blockchain network of sending the first tethered token transfer record from the first blockchain network to a tethered token exchange, exchanging the first tethered tokens for second tethered tokens, exchanging the second tethered tokens for second in-network tokens, depositing the second in-network tokens to the receiving user account address, and depositing the remaining first in-network tokens from the debited first in-network tokens to user account addresses on the first blockchain network with a net credit.