Decentralized Transaction System with Multiple Distributed Ledgers
Summary
USPTO published patent application US20260099879A1 titled 'Decentralized Transaction System Incorporating Multiple Distributed Ledger Arrangements' filed by Chirag Maliwal, Mehul Surendra Gaidhani, and Humayun Munir Sheikh on October 8, 2024. The application discloses a decentralized transaction system comprising computing nodes configured to implement platform for autonomous agent-based trading using decentralized order book model with distributed ledger arrangements. The system facilitates P2P communication between autonomous agents, trade matching, order book-based trade locking, and bilateral balance verification for trade execution via funds push or pull processes.
What changed
USPTO published patent application US20260099879A1 disclosing a decentralized transaction system comprising computing nodes configured to implement platform for autonomous agent-based trading using decentralized order book model. The system includes distributed ledger arrangements, user devices, and agent databases comprising autonomous agents. Each computing node is configured to receive fund locking and trade placement requests, send trade notifications to autonomous agents, create P2P communication interfaces between agents, facilitate trade matching, enable order book-based trade locking with bilateral balance verification, and execute trades via funds push or pull processes.
For technology companies and financial services firms developing decentralized finance platforms, blockchain-based trading systems, or autonomous trading solutions, this patent application indicates the scope of intellectual property protection being sought in the distributed ledger and agent-based trading space. Companies should review their product development to assess potential infringement exposure and consider prior art searches when designing alternative approaches.
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Apr 11, 2026GovPing captured this document from the original source. If the source has since changed or been removed, this is the text as it existed at that time.
DECENTRALIZED TRANSACTION SYSTEM INCORPORATING MULTIPLE DISTRIBUTED LEDGER ARRANGEMENTS, AND METHOD OF OPERATING THEREOF
Application US20260099879A1 Kind: A1 Apr 09, 2026
Inventors
Chirag Maliwal, Mehul Surendra Gaidhani, Humayun Munir Sheikh
Abstract
Disclosed is decentralized transaction system (100) comprising computing nodes (CNs) (102a-c) configured to implement platform (104) for enabling autonomous agent-based (AB) trading using decentralized order book (OB) model. Each CN is communicably coupled to its corresponding distributed ledger arrangement (DLA), user device(s) (UD(s)) (108), and agent database (AD) (110) comprising autonomous agents (AAs) (112a-c). CN(s) is configured to: receive requests for locking funds, and for placing trades, from respective UDs; send notifications to AD regarding placement of trades, for respective AAs associated with UDs; create communication interface for enabling P2P communication between AAs; facilitate, via processing interface (PI), AB trade matching via platform; employ PI for enabling OB-based trade (OB-BT) locking and bilateral balance verification (BBV), upon matching of AAs; and employ PI for enabling OB-BT execution according to one of: funds push process, funds pull process, upon successful trade locking and BVV.
CPC Classifications
G06Q 40/04
Filing Date
2024-10-08
Application No.
18909126
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