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PAYPAL, INC. (20240257108). RESOURCE-BASED DISTRIBUTED PUBLIC LEDGER SYSTEM

From WikiPatents

RESOURCE-BASED DISTRIBUTED PUBLIC LEDGER SYSTEM

Organization Name

PAYPAL, INC.

Inventor(s)

Pankaj Sarin of Elkhorn NE US

RESOURCE-BASED DISTRIBUTED PUBLIC LEDGER SYSTEM

This abstract first appeared for US patent application 20240257108 titled 'RESOURCE-BASED DISTRIBUTED PUBLIC LEDGER SYSTEM

Original Abstract Submitted

systems and methods for providing a resource-based distributed public crypto currency blockchain include system provider device(s) that receive first crypto currency transaction information for a first crypto currency transaction that is configured to provide for the transfer of a crypto currency to a payee via a primary distributed public crypto currency blockchain maintained by computing devices. the system provider device(s) identify resource information provided by each computing device and use the resource information to select a subset of the computing devices for processing the first crypto currency transaction. the system provider device(s) then broadcast, via the network to each computing device, the first crypto currency transaction information for the first crypto currency transaction in order to cause a first computing device to process the first crypto currency transaction as part of a first block that is added to the primary distributed public crypto currency blockchain.

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