02-11-2022 дата публикации
Номер: GB0002606216A
Принадлежит:
A method of consolidating tokens in a token system, such as tokens representing ownership of fungible entities. Each token has a serial number comprising a denomination code, a root identifier, and a leaf identifier allocated to the denomination code. The tokens to be consolidated represent denominations selected from a defined ordered set of denominations that, when summed, equate to a larger denomination from the set. For example, the tokens may represent fiat currency banknotes wherein two £10 tokens are consolidated into a single £20 token. A candidate root identifier and candidate leaf identifier allocated to the larger denomination are identified. If the combination of the identified root and leaf identifiers are available for use, a new token is generated having a new serial number containing the identified root and leaf identifiers and a denomination code corresponding to the larger denomination. An issuer is notified of the consolidation and deactivation of the smaller denomination ...
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