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SYSTEMS AND METHODS FOR TRANSFERRING DIGITAL ASSESTS USING A DE-CENTRALIZED EXCHANGE

  • US 20160092988A1
  • Filed: 09/24/2015
  • Published: 03/31/2016
  • Est. Priority Date: 09/30/2014
  • Status: Abandoned Application
First Claim
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1. A computer implemented method for trading assets using a de-centralized escrow service, comprising executing on a processor the steps of:

  • receiving an electronic communication in a computer terminal with a memory module, a wallet manager module, an order module, an order matching module, a clearing module and a settlement module, the electronic communication is a trade order for a pair of assets requested by a first user;

    installing a digital assets trading program on the user terminal;

    verifying the user terminal is fitted with a first digital wallet and a second digital wallet corresponding to the pair of assets using the wallet manager module;

    funding the first digital wallet on the computer terminal by securely transferring a first asset of the pair of assets to the first digital wallet and freezing an amount of the first asset to be traded for a second asset in the pair of assets;

    establishing a communication link to a central processing server and submitting the trade order to the central processing server using the order module; and

    receiving notification from the central processing server of a trade order match module using the order matching module.

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