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Coinbase, Inc. (20240257084). SELF-EXECUTING PROGRAM FOR OUTBOUND MESSAGES

From WikiPatents

SELF-EXECUTING PROGRAM FOR OUTBOUND MESSAGES

Organization Name

Coinbase, Inc.

Inventor(s)

Peter Jihoon Kim of Austin TX US

Brock Miller of New York NY US

Kai Luo of Los Angeles CA US

Jiangchuan He of Redmond WA US

Vignesh Muralidharan of Seattle WA US

Rajeev Vishaka of Austin TX US

SELF-EXECUTING PROGRAM FOR OUTBOUND MESSAGES

This abstract first appeared for US patent application 20240257084 titled 'SELF-EXECUTING PROGRAM FOR OUTBOUND MESSAGES

Original Abstract Submitted

a custodial token platform may implement a single smart contract for outbound messages. the custodial token platform may deploy, to a blockchain distributed data store, a self-executing program that batches messages from the self-executing program to multiple addresses of the blockchain distributed data store that are external to a custodial token platform associated with the self-executing program. the custodial token platform may select, from the multiple withdrawal requests and based on selection criteria, a set of withdrawal requests to fulfill via a batch message from the self-executing program. the custodial token platform may broadcast, to the blockchain distributed data store, a message that calls the self-executing program. the message includes an indication of a set of external addresses associated with the set of withdrawal requests, and the message causes a transfer of a set of crypto tokens from the self-executing program to the external addresses via the batch message.

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