US 12,079,871 B1
Blockchain instrument for transferable equity
Thomas Marshall Gordon, III, Raleigh, NC (US); and Gregory Frederick Bush, Cary, NC (US)
Assigned to EQUITY SHIFT, INC., Raleigh, NC (US)
Filed by Equity Shift, Inc., Raleigh, NC (US)
Filed on Jan. 11, 2024, as Appl. No. 18/410,481.
Application 18/410,481 is a continuation of application No. 18/196,294, filed on May 11, 2023, granted, now 11,875,406.
Application 18/196,294 is a continuation of application No. 17/900,439, filed on Aug. 31, 2022, granted, now 11,651,432, issued on May 16, 2023.
Application 17/900,439 is a continuation of application No. 17/727,272, filed on Apr. 22, 2022, granted, now 11,443,379, issued on Sep. 13, 2022.
Application 17/727,272 is a continuation of application No. 17/514,746, filed on Oct. 29, 2021, granted, now 11,315,185, issued on Apr. 26, 2022.
Application 17/514,746 is a continuation of application No. 16/918,368, filed on Jul. 1, 2020, granted, now 11,164,254, issued on Nov. 2, 2021.
Application 16/918,368 is a continuation in part of application No. 16/910,936, filed on Jun. 24, 2020, granted, now 11,532,047, issued on Dec. 20, 2022.
Application 16/910,936 is a continuation of application No. 16/518,329, filed on Jul. 22, 2019, granted, now 10,699,340, issued on Jun. 30, 2020.
Application 16/518,329 is a continuation in part of application No. 16/271,447, filed on Feb. 8, 2019, granted, now 10,713,722, issued on Jul. 14, 2020.
Claims priority of provisional application 62/630,559, filed on Feb. 14, 2018.
This patent is subject to a terminal disclaimer.
Int. Cl. G06Q 40/04 (2012.01); G06Q 20/06 (2012.01); G06Q 20/36 (2012.01); G06Q 20/38 (2012.01); H04L 9/06 (2006.01)
CPC G06Q 40/04 (2013.01) [G06Q 20/0658 (2013.01); G06Q 20/3678 (2013.01); G06Q 20/389 (2013.01); H04L 9/0637 (2013.01); H04L 9/0643 (2013.01); G06Q 2220/00 (2013.01)] 20 Claims
OG exemplary drawing
 
1. A system for performing transactions of tokenized securities, comprising:
an immutable ledger-based platform; and
a server computer for a tokenized securities offering entity;
wherein the immutable ledger-based platform is in network communication with the server computer for the tokenized securities offering entity and at least one user device;
wherein the immutable ledger-based platform facilitates a remote transaction of tokenized securities from the tokenized securities offering entity between at least one buyer and at least one seller;
wherein the tokenized securities are associated with at least one bundle of rights, wherein the at least one bundle of rights designates dynamic rights of shareholders and/or dynamic rights of an issuer of the tokenized securities;
wherein the server computer for the tokenized securities offering entity receives user input data from the at least one user device for registering to purchase at least one securities token;
wherein the immutable ledger-based platform initiates at least one activity request to at least one rights participant, wherein the at least one activity request is completed upon a designated action made by the at least one rights participant or inaction by the at least one rights participant for an execution time period;
wherein upon completion of all activity requests associated with each bundle of rights associated with all of the at least one securities token, the at least one securities token is automatically transferred to at least one financial account or wallet and the transaction is recorded on an immutable distributed ledger.