View source for 20240039859. ENFORCEMENT OF LATENCY DETERMINISM ACROSS A COMPUTER NETWORK simplified abstract (Chicago Mercantile Exchange Inc.)

=ENFORCEMENT OF LATENCY DETERMINISM ACROSS A COMPUTER NETWORK=


==Organization Name==

[[:Category:Chicago Mercantile Exchange Inc.|Chicago Mercantile Exchange Inc.]]


[[Category:Chicago Mercantile Exchange Inc.]]

==Inventor(s)==

[[:Category:Zachary Bonig of Skokie IL (US)|Zachary Bonig of Skokie IL (US)]][[Category:Zachary Bonig of Skokie IL (US)]]

[[:Category:David Alan Lariviere of Chicago IL (US)|David Alan Lariviere of Chicago IL (US)]][[Category:David Alan Lariviere of Chicago IL (US)]]

[[:Category:Suchith Vasudevan of Chicago IL (US)|Suchith Vasudevan of Chicago IL (US)]][[Category:Suchith Vasudevan of Chicago IL (US)]]

[[:Category:Brian Alvin Bourn of Chicago IL (US)|Brian Alvin Bourn of Chicago IL (US)]][[Category:Brian Alvin Bourn of Chicago IL (US)]]

==ENFORCEMENT OF LATENCY DETERMINISM ACROSS A COMPUTER NETWORK - A simplified explanation of the abstract==


This abstract first appeared for US patent application 20240039859 titled 'ENFORCEMENT OF LATENCY DETERMINISM ACROSS A COMPUTER NETWORK

==Simplified Explanation==

The abstract of this patent application describes a system where multiple message transceivers are connected through an electronic communications network. These transceivers receive data transaction messages and perform actions on them. When a transceiver receives an augmented data transaction message from another transceiver, it delays performing the action on the message based on the transmission latency of the network.

* The system consists of multiple message transceivers connected through an electronic communications network.
* Each transceiver can receive data transaction messages and perform actions on them.
* When a transceiver receives an augmented data transaction message from another transceiver, it delays performing the action on the message.
* The delay is based on the transmission latency of the network.
* The delay is determined by comparing the transmission time of the message with a defined amount of time.
* If the transmission time is less than the defined amount of time, the action is delayed for the difference between the defined amount of time and the transmission time.

Potential applications of this technology:

* Financial transactions: This system could be used in financial transactions where delays in processing can be critical. It can help ensure that all parties involved have received and processed the transaction message before any action is taken.
* Real-time communication: In real-time communication systems, such as video conferencing or online gaming, this technology can help synchronize actions between different participants, taking into account the transmission latency of the network.
* Supply chain management: This system can be applied in supply chain management to ensure that all nodes in the network have received and processed transaction messages before proceeding with any actions, reducing errors and improving efficiency.

Problems solved by this technology:

* Synchronization: The system solves the problem of synchronizing actions between different transceivers in a network with transmission latency. It ensures that actions are performed at the appropriate time, considering the delays caused by the network.
* Data integrity: By delaying actions until all transceivers have received and processed the transaction messages, the system improves data integrity and reduces the risk of errors or inconsistencies in the transaction process.

Benefits of this technology:

* Improved accuracy: By delaying actions based on transmission latency, the system ensures that all transceivers have received and processed the necessary information before proceeding. This improves the accuracy of actions performed on data transaction messages.
* Reduced errors: The system reduces the risk of errors or inconsistencies in data transaction processes by synchronizing actions between transceivers and considering the transmission latency of the network.
* Enhanced efficiency: By optimizing the timing of actions based on network latency, the system improves the efficiency of data transaction processes, reducing unnecessary delays and improving overall system performance.


==Original Abstract Submitted==

a plurality of message transceivers coupled with each other via a portion of an electronic communications network characterized by a transmission latency are each operative to perform an action on data transaction messages received thereby. upon receipt by any of the plurality of message transceivers of a first augmented data transaction message transmitted thereto by another of the plurality of message transceivers, the receiving message transceiver is configured to delay performance of the action on the first augmented data transaction message for an amount of time based on an extent to which a defined amount of time exceeds a transmission time, resulting from the transmission latency of the portion of the electronic communication network via which the first augmented data transaction message was conveyed, of the first augmented data transaction message between the transmitting and receiving message transceivers when the transmission time is less than the defined amount of time.



[[Category:H04L47/283]]
[[Category:G06Q40/04]]
[[Category:H04L43/0852]]
[[Category:H04L51/18]]
[[Category:H04W4/02]]