Electronic Trading and Settlement System For Blockchain-Integrated Cryptographic Difficulty-Based Financial Instruments

• Main Authors: Chippas, Thomas, Trudeau, Matthew, McGlawn, Joseph
• Format: Patent
• Language: English
• Published: 10.06.2021
• Subjects: CALCULATING; COMPUTING; COUNTING; DATA PROCESSING SYSTEMS OR METHODS, SPECIALLY ADAPTED FORADMINISTRATIVE, COMMERCIAL, FINANCIAL, MANAGERIAL, SUPERVISORYOR FORECASTING PURPOSES; ELECTRIC COMMUNICATION TECHNIQUE; ELECTRICITY; PHYSICS; SYSTEMS OR METHODS SPECIALLY ADAPTED FOR ADMINISTRATIVE,COMMERCIAL, FINANCIAL, MANAGERIAL, SUPERVISORY OR FORECASTINGPURPOSES, NOT OTHERWISE PROVIDED FOR; TRANSMISSION OF DIGITAL INFORMATION, e.g. TELEGRAPHICCOMMUNICATION

A financial instrument trading system is provided which allows for the establishment and trading of cryptographic difficulty-based financial instruments using physical delivery of the underlying cryptocurrency. The cryptographic difficulty-based financial instruments are based on an expected value i...