US 12,223,482 B2
System for tokenizing multiple cryptocurrencies
Jonathan Yantis, Grants Pass, OR (US); William Edward Quigley, Pacific Palisades, CA (US); and Lukasz Jakub Sliwka, Long Beach, CA (US)
Assigned to VERONA HOLDING SEZC, George Town (KY)
Filed by VERONA HOLDINGS SEZC, George Town (KY)
Filed on Nov. 4, 2021, as Appl. No. 17/519,152.
Application 17/519,152 is a continuation of application No. 17/363,618, filed on Jun. 30, 2021, granted, now 11,334,875.
Application 17/363,618 is a continuation of application No. 17/245,662, filed on Apr. 30, 2021.
Application 17/245,662 is a continuation of application No. PCT/US2019/059389, filed on Nov. 1, 2019.
Claims priority of provisional application 62/906,211, filed on Sep. 26, 2019.
Claims priority of provisional application 62/770,620, filed on Nov. 21, 2018.
Claims priority of provisional application 62/770,624, filed on Nov. 21, 2018.
Claims priority of provisional application 62/754,987, filed on Nov. 2, 2018.
Prior Publication US 2022/0058627 A1, Feb. 24, 2022
This patent is subject to a terminal disclaimer.
Int. Cl. G06Q 20/32 (2012.01); G06F 21/60 (2013.01); G06Q 20/12 (2012.01); G06Q 20/34 (2012.01); G06Q 20/38 (2012.01); G06Q 20/40 (2012.01); G06Q 30/018 (2023.01); G06Q 20/36 (2012.01)
CPC G06Q 20/123 (2013.01) [G06F 21/602 (2013.01); G06Q 20/326 (2020.05); G06Q 20/342 (2013.01); G06Q 20/38215 (2013.01); G06Q 20/40 (2013.01); G06Q 30/0185 (2013.01); G06Q 20/1235 (2013.01); G06Q 20/3672 (2013.01); G06Q 2220/00 (2013.01)] 22 Claims
OG exemplary drawing
 
1. A system for tokenizing multiple incompatible cryptocurrencies, comprising:
a set of processors that execute a set of computer-executable instructions that when executed cause the set of processors to execute:
an interface configured to receive a tokenization request from a device to tokenize defined quantities of two or more cryptocurrencies owned by a first user, wherein each respective cryptocurrency of the two or more cryptocurrencies is tokenized in accordance with a respective tokenization protocol and is maintained on a respective cryptographic ledger that is compatible with the respective tokenization protocol;
a token generation system configured to:
generate a tokenized token that represents the defined quantities of the two or more cryptocurrencies indicated in the tokenization request in response to verifying that the defined quantities of the two or more cryptocurrencies are prevented from being transferred by the first user until the tokenized token is redeemed, wherein the tokenized token is tokenized in accordance with a specific tokenization protocol that is different than each of the respective tokenization protocols that were used to tokenize the two or more cryptocurrencies; and
generate a one-to-at-least-one cryptographically secure link between the tokenized token generated by the token generation system and the defined quantities of the two or more cryptocurrencies, such that the tokenized token provides a unique digital tokenization of the defined quantities of the two or more cryptocurrencies;
a ledger update system configured to:
write the tokenized token to a compatible cryptographic ledger that is compatible with the specific tokenization protocol; and
assign the tokenized token to an account of the first user on the compatible cryptographic ledger, thereby allowing the first user to participate in transactions using the defined quantities two or more incompatible cryptocurrencies; and
a transfer system configured to facilitate transfer of the defined quantities of the two or more cryptocurrencies represented by the tokenized token from the account of the first user to another user account of a second user using the tokenized token,
wherein the transfer system is integrated with a messaging system, and
wherein the messaging system provides a signal to a digital wallet such that the digital wallet is updated upon exchange of the tokenized token without requiring the user to interact with the user interface of the digital wallet.