US 12,288,197 B2
Multi-tier tokenization platform system
Monique Vaddhana-Moni Sinmao, Clifton, VA (US); Antonio Vitti, Fremont, CA (US); Ka Hang Simon Sham, Hong Kong (CN); and Robert Dewing, Mountain Lakes, NJ (US)
Assigned to Pontoro Inc., Mountain View, CA (US)
Filed by Pontoro Inc., Mountain View, CA (US)
Filed on Nov. 11, 2022, as Appl. No. 17/985,697.
Application 17/985,697 is a continuation of application No. 16/598,957, filed on Oct. 10, 2019, granted, now 11,514,411.
Claims priority of provisional application 62/743,859, filed on Oct. 10, 2018.
Prior Publication US 2023/0076526 A1, Mar. 9, 2023
Int. Cl. G06Q 20/06 (2012.01); G06Q 20/36 (2012.01); H04L 9/06 (2006.01)
CPC G06Q 20/0658 (2013.01) [G06Q 20/3672 (2013.01); G06Q 20/3678 (2013.01); H04L 9/0637 (2013.01)] 22 Claims
OG exemplary drawing
 
1. A system for providing a tokenization platform, comprising:
a server having memory and a plurality of processors;
one or more modules stored on said memory and executed by the plurality of processors, the one or more modules executable to generate one or more general asset tokens for a general asset pool on an administration server, the one or more modules implementing a token manager which generates the one or more general asset tokens which are based on an asset protocol, the asset protocol stored in a distributed ledger, the asset protocol defining asset attributes and including token status data,
each general asset token associated, by an application on the administration server, with one or more smart contract protocols, the one or more smart contract protocols stored in the distributed ledger, each of the one or more smart contract protocols validating the one or more general asset tokens within the general asset pool;
the token status data including a general asset token status of active or frozen,
wherein the one or more general asset tokens are associated with a plurality of users of the tokenization platform, mapped by an application to a general asset pool, the one or more general asset tokens created by the application representing ownership interest in the general asset pool and stored in the distributed ledger, each of the one or more general asset tokens having a first value;
wherein at least one general asset token of the one or more general asset tokens are updated on the distributed ledger, the update including a lifespan of the at least one general asset token and an indication if the at least one general asset token is one of transferred, frozen or burned, the update controlled by data within at least one of the one or more smart contracts stored on the distributed ledger; and
a record of the generated one or more general asset tokens and a status of the one or more general asset tokens, the record stored as a digital asset and including tasks and data interactions between the plurality of users, wherein each user in the plurality of users is associated with a remote client device, the general asset pool and the one or more general asset tokens stored as data on the distributed ledger.