Method And System Of Transaction Settlement And Smart Contract Access Using Guarantee Tokens

Abstract: A method for transaction settlement using guarantee tokens includes: receiving a transaction request from a first financial institution including a receiving party digital address, a digital token issued by the first financial institution to the receiving party digital address, a sending party address, an asset network identification, and an asset identification; generating a guarantee token against the digital token; generating an asset request transaction including the guarantee token, the receiving party digital address, the sending party digital address, and the asset identification; transmitting the asset request transaction to the asset network; receiving an asset transaction from the asset network including the asset, the receiving party digital address, and the sending party digital address; generating an asset transfer transaction including the receiving party digital address, the sending party digital address, and the asset identification; and transmitting the asset transaction to the receiving party digital address.

Patent Information

Applicants

Inventors

Specification

Documents

Application Documents