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Patent drawing for System for managing serializability of resource transfers in a process data …
US 10,607,285 B2
Business & commerce US 10,607,285 B2 Not in force

System for managing serializability of resource transfers in a process data …

This invention describes a computer system that uses a blockchain network to track and manage transfers of resources between different users in a business or process network. When a first user transfers resources to a second user, the system records this on the blockchain only after the second user confirms they received the resources. This ensures that all transfers are properly recorded and verified by the parties involved, creating a reliable history of resource movement.

Why it matters: Filed in 2016, this concept predates the widespread maturity and adoption of enterprise blockchain platforms. Today, the tools and understanding for building secure, scalable distributed ledger systems for business processes are far more advanced, making such an implementation more feasible and potentially impactful for supply chain or financial transparency.

Status
Not in forceListed as no longer active. The specific reason is not in the record we hold.
How hard to build
SpecializedSoftware logic, distributed ledger technology integration

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