US 12,456,112 B2
System and method for authorizing blockchain network transactions
Josh Williams, Sacramento, CA (US); Raymond A. Chiapuzio, Eugene, OR (US); and Michael B. Li, San Francisco, CA (US)
Assigned to Frontage Road Holdings, LLC, Wilmington, DE (US)
Filed by Frontage Road Holdings, LLC, Wilmington, DE (US)
Filed on Jan. 29, 2024, as Appl. No. 18/425,640.
Application 18/425,640 is a continuation of application No. 17/819,041, filed on Aug. 11, 2022, granted, now 11,922,402.
Application 17/819,041 is a continuation of application No. 16/685,026, filed on Nov. 15, 2019, granted, now 11,468,431, issued on Oct. 11, 2022.
Claims priority of provisional application 62/769,691, filed on Nov. 20, 2018.
Prior Publication US 2024/0242201 A1, Jul. 18, 2024
This patent is subject to a terminal disclaimer.
Int. Cl. G06Q 20/36 (2012.01); A63F 13/798 (2014.01); H04L 9/00 (2022.01); H04L 9/06 (2006.01)
CPC G06Q 20/36 (2013.01) [A63F 13/798 (2014.09); H04L 9/0637 (2013.01); H04L 9/50 (2022.05); H04L 2209/56 (2013.01)] 22 Claims
OG exemplary drawing
 
1. A computer-based system comprising:
a first computer network having a first set of computing nodes, the first computer network including an electronic ledger; and
a plurality of secondary computer networks implemented via a second set of computing nodes;
wherein at least one of the first set of computing nodes is configured to interface with the plurality of secondary computer networks;
at least one of the second set of computing nodes (i) includes at least one processor and (ii) is configured to cause a state change of a locked electronic token to be recorded in the electronic ledger through a validation process in response to processing of a smart contract of the locked electronic token, the processing of the smart contract causing a computational attestation of completion of a work requirement by a first computing node of the first set of computing nodes; and
the state change of the locked electronic token computationally activates access for the first computing node to resources in the first computer network.