1. The Patent Office Journal No. 31/2021 Dated 30/07/2021 33606
(12) PATENT APPLICATION PUBLICATION (21) Application No.202121028373 A
(19) INDIA
(22) Date of filing of Application :24/06/2021 (43) Publication Date : 30/07/2021
(54) Title of the invention : BORDER-LESS TRADING SYSTEM USING BLOCKCHAIN TECHNOLOGY
(51) International classification
:G06Q0040040000,
G06Q0020380000,
G06Q0020060000,
G06F0016270000,
H04L0009320000
(31) Priority Document No :NA
(32) Priority Date :NA
(33) Name of priority country :NA
(86) International Application No
Filing Date
:NA
:NA
(87) International Publication No : NA
(61) Patent of Addition to Application
Number
Filing Date
:NA
:NA
(62) Divisional to Application Number
Filing Date
:NA
:NA
(71)Name of Applicant :
1)Praful Nandankar
Address of Applicant :Assistant Professor Electrical
Engineering Dept. Government College of Engineering, Nagpur,
Maharashtra. Maharashtra India
2)Sandhya P
3)Dr J RamaDevi
4)VEMPATY PRASHANTHI
5)Mr. Sankararao Majji
6)Babu Reddy
7)Dr. Swati Gupta
8)Dr K Kiran Kumar
9)Tulasi Radhika Patnala
10)Dr S Ravichandran
11)Kaviyaraj R
(72)Name of Inventor :
1)Praful Nandankar
2)Sandhya P
3)Dr J RamaDevi
4)VEMPATY PRASHANTHI
5)Mr. Sankararao Majji
6)Babu Reddy
7)Dr. Swati Gupta
8)Dr K Kiran Kumar
9)Tulasi Radhika Patnala
10)Dr S Ravichandran
11)Kaviyaraj R
(57) Abstract :
Block chain is the one of the best secured distributed database design, a significant number of cryptocurrencies and financial trading
markets using digital assets have also been introduced over time. Despite the fluctuation in the exchange rate, blockchains and its
cryptocurrencies have no remarkable change overall. They still follow the old-traditional trading mechanism, which exchanges
between cryptocurrencies and at currencies. Although few projects are emerging to enlarge a blockchain's trading usage, i.e., cross-
chain liquidity, it still limits itself on swapping one type of cryptocoin with another type. Beyond supporting swapping coins, the
blockchain could be applied and extended to become a trade-payment network that connects multiple solitary blockchain-based
platforms. In this work, we propose a heuristic cross-chain trading system that leverages the blockchain technology to build a fair and
border-less trading network across multiple decentralized blockchains.
No. of Pages : 7 No. of Claims : 9
