US 11,995,720 B1
Systems for purchasing shares in an entity holding digital math-based assets
Cameron Howard Winklevoss, New York, NY (US); Tyler Howard Winklevoss, New York, NY (US); Evan Louis Greebel, Scarsdale, NY (US); Kathleen Hill Moriarty, New York, NY (US); and Gregory Elias Xethalis, New York, NY (US)
Assigned to Gemini IP, LLC, New York, NY (US)
Filed by Gemini IP, LLC, New York, NY (US)
Filed on Jan. 29, 2021, as Appl. No. 17/248,592.
Application 17/248,592 is a continuation of application No. 15/937,465, filed on Mar. 27, 2018, granted, now 10,929,929.
Application 15/937,465 is a continuation of application No. 15/847,096, filed on Dec. 19, 2017, granted, now 9,965,804, issued on May 8, 2018.
Application 15/847,096 is a continuation of application No. 14/318,456, filed on Jun. 27, 2014, granted, now 9,892,460, issued on Feb. 13, 2018.
Claims priority of provisional application 61/989,047, filed on May 6, 2014.
Claims priority of provisional application 61/986,685, filed on Apr. 30, 2014.
Claims priority of provisional application 61/978,724, filed on Apr. 11, 2014.
Claims priority of provisional application 61/971,981, filed on Mar. 28, 2014.
Claims priority of provisional application 61/955,017, filed on Mar. 18, 2014.
Claims priority of provisional application 61/933,428, filed on Jan. 30, 2014.
Claims priority of provisional application 61/920,534, filed on Dec. 24, 2013.
Claims priority of provisional application 61/903,245, filed on Nov. 12, 2013.
Claims priority of provisional application 61/900,191, filed on Nov. 5, 2013.
Claims priority of provisional application 61/891,294, filed on Oct. 15, 2013.
Claims priority of provisional application 61/857,691, filed on Jul. 23, 2013.
Claims priority of provisional application 61/857,141, filed on Jul. 22, 2013.
Claims priority of provisional application 61/856,323, filed on Jul. 19, 2013.
Claims priority of provisional application 61/841,760, filed on Jul. 1, 2013.
Claims priority of provisional application 61/841,177, filed on Jun. 28, 2013.
Int. Cl. G06Q 40/04 (2012.01)
CPC G06Q 40/04 (2013.01) 20 Claims
OG exemplary drawing
 
1. A first networked computer system operating as a node of a network of physically remote computer systems, comprising:
(1) one or more processors; and
(2) non-transitory computer-readable memory operatively connected to the one or more processors, the non-transitory computer-readable memory having stored thereon machine-readable instructions that, when executed by the one or more processors, cause the one or more processors to perform operations comprising:
receiving, by the node of the network of the physically remote computer systems maintaining a decentralized electronic ledger in a form of a blockchain associated with a first digital asset, from a first user device associated with a first user and at a digital asset exchange interface, a first electronic request to deposit a first quantity of the first digital asset in a first digital address of the blockchain;
sending, via multiple application programming interfaces and to external exchange systems, a request for predetermined ratios of the first digital asset to predefined units;
receiving, via the multiple application programming interfaces, responses to the request, the responses indicating the predetermined ratios;
determining, by a trust component of the first networked computer system operating as the node of the network of the physically remote computer systems, unit information including a quantity of units based on a predetermined ratio of the predetermined ratio, wherein determining the quantity of units is performed based on when the first electronic request is received and determining the quantity of units is time-sensitive and is associated with dynamically changing values of the units and the first digital asset;
verifying, by the trust component of the first computer system operating as the node of the network of the physically remote computer systems, receipt of the first quantity of the first digital asset at the first digital address based at least in part on parsing performed on the blockchain;
generating, by the first computer system operating as the node of the network of the physically remote computer systems, instructions to issue the quantity of units to a second digital address associated with the first user device, wherein generating the instructions includes generating computer-readable code that, when received by at least one node of the network of the physically remote computer systems, causes the at least one node of the network of the physically remote computer systems to issue the quantity of units;
sending the instructions to the at least one node of the network of the physically remote computer systems, the sending causing the computer-readable code to automatically execute on the at least one node of the network of the physically remote computer system; and
executing, by the first computer system operating as the node of the network of the physically remote computer systems and via the blockchain, the computer-readable code representing the instructions such that the quantity of units is issued to the second digital address associated with the first user device.