david schwartz ripple patent

Owner name: Under Schwartzs technical leadership, Ripple would like to bring global money transfers into the 21st century. of the central processing unit [CPU] to service a request the resource being a machine, e.g. The computer system of claim 43, further including lower level computer means which includes at least three computer means and operable for processing received portions of the task and additional task, one of said at least three computer means operable for receiving a further additional task and processing, if currently available, portions of the further additional task, and wherein one of said at least two computer means of said low level computer means is also operable for receiving from said one of said at least three computer means of said lower level computer means portions the unprocessed further additional task and for distributing for processing, if available, those portions of the unprocessed further additional task to the other two of said at least three computer means of said lower level computer means and, if available, processing those portions of the unprocessed further additional task undistributed to said other two of said at least three computer means. In short, Schwartz wants to disrupt SWIFT, the Society for Worldwide Interbank Financial Telecommunication, a Belgian cooperative organization founded in 1973 that counts more than 10,000 financial institutions as its members and is the ultimate middleman in banking. The first links transfer portions of the task and any additional task bidirectionally. The answer is that inefficiency and laziness has made them a lot of money.. However the SWIFT network is far from efficient. thexrpdaily. 44. Senior editor covering bitcoin and other blockchain applications. In a tweet written last week, Schwartz revealed he owned more . The C link is usually the only link along which the status (i.e. As CTO, Schwartz will report to CEO Brad Garlinghouse, but in terms of Ripples technical vision hes in charge. 33. At 5 he would use a screwdriver to dismantle them, removing them from household doors, so that family photos show gaping holes where the knobs should be. Forget Satoshi Nakamoto, David Schwartz is the Trillion Dollar Man 47. Such an arrangement lessens the load on the control computer and reduces both the volume and cost of data transmission. If no bank will do business with me, I dont get a hearing in a court of law, I dont get to read the law, I dont get to confront my accusers. In 1992, Schwartz and his father, a doctor of internal medicine, cofounded a medical technology company that developed a noninvasive device for recording data about heart murmurs. Currently, David Schwartz is Chief Technology Officerat Ripple. He argued that by not limiting a technology to work only with XRP, Ripple's native digital asset, more people would be attracted to the technology and benefit from improved user experiences. Leading life sciences, manufacturing and technology companies rely on the group's high level of expertise for . Who is David Schwartz? - onXRP The computer system of claim 23, wherein each computer within the computer system is a personal type computer. Schwartz went on to help build two financial tools that would become Ripples first core products: xVia, a payment interface designed to let users send payments globally with increased transparency, and xCurrent, enterprise software that lets banks initiate and settle transactions. Ripple CTO David Schwartz urges adoption of Blockchain-Agnostic The method of claim 66, further including transferring portions of the task along the second link means bidirectionally. The method of claim 63, further including processing different portions of the additional task at the same time. David Schwartz | Alliance for Innovative Regulation. - AIR In a recent Twitter exchange, Schwartz explained that this approach not only generates revenue for Ripple but also contributes to decentralization by reducing the company's XRP holdings. As for the validators, Schwartz claims that only 10 of the 150 currently supporting the network are managed by Ripple. b 1 through b 10. In 2001, David started . McCaleb and Schwartz joined forces and soon brought on another programmer, Arthur Britto, to help Schwartz finish XRP's technical architecture. The method of claim 66, further including transferring portions of the task along the second link means unidirectionally. The computer system of claim 46, wherein the third link means are operable for transferring portions of the task, additional task and further additional task bidirectionally. Larsen quickly set out to recruit hundreds of global banks to test early versions of Ripples technology. The computer system of claim 9, wherein the number of third link means is greater than the number of fourth link means. The views expressed in this article may include the author's personal opinions and do not reflect The Crypto Basics opinion. Ripple Whale David Schwartz: CTO Reveals His Crypto Portfolio 37. And if persuading bankers to switch to the largely untested Ripple platform wasnt difficult enough, the company also faces competition from a host of other startups, including Stellar, a blockchain money-transfer firm formed in 2014 by one of Ripples founders. Ripple CTO David Schwartz Makes a Big Statement About The New - Reddit Some 57% of ether production is controlled by three mining pools. A task inputted to the system is divided into a plurality of portions. 3. 35. The computer system of claim 42, wherein said high level computer means and said low level computer means are operable for processing different portions of the additional task at the same time. At age 48, Schwartz, bearded and balding with shoulder-length hair, is the Gandalfesque wizard of San Franciscos Ripple and co-creator of the third-most-valuable cryptocurrency, XRP. Computers on the higher level are used as a last resort for processing when one or more portions of the task cannot be distributed for processing to computers connected through the A, B and D. The A and B links are used to shorten the path along which a portion of a task is to be distributed. A distributed computer system, that is, a network of computers each of which functions independently but in a cooperative manner with each other computer, are well known in the art and generally are assembled in the form of a cluster, token ring or all together along the same line/bus (i.e. To help offset concerns that the company could flood the cryptocurrency market or manipulate prices, Ripple has locked up its XRP into smart contracts that hold the currency in escrow, temporarily releasing 1 billion tokens a month. The process took seven years and was estimated to cost $400 million. As of June 2018, some 180 banks were using this encrypted, non-blockchain alternative to transfer about $100 billion in cross-border payments per day. 23. 40. Additional levels of computers can be added to the system to further distribute the processing of portions of a task and additional task. With Ripple's value at $4.7 billion (and XRP's market cap at $13 billion), Schwartz's net worth is estimated to be about $90 million. If no computers are available within the system, however, the unprocessed portions of the task will have been transfered to a computer within the highest level of the system (e.g. Despite the fact that none of Ripples early banking partners were using XRP cryptocurrency, its penny stock price, coupled with confusion over its actual relationship to Ripple, caused XRP to soar on crypto exchanges to a peak of $3.65 in January 2018, up from $.006 only a year before. 34. The function of a doorknob is to control the movement between two spaces. Spains Banco Santander, which happens to have a seat on SWIFTs board of directors, has launched a retail mobile app called One Pay FX using Ripples xCurrent payment product. XRPioneerXRPatriotXRParzivalCryptoGhost on Twitter: "Ripple Leadership Brad Garlinghouse Chief Executive Officer David Schwartz Chief Technology Officer Kristina Campbell Chief Financial Officer Monica Long President Eric Van Miltenburg Chief Business Officer Kiersten Hollars The computer system of claim 37, wherein the number of first link means is greater than the number of second link means. The computer system of claim 48, wherein the fourth link means are operable for transferring portions of the task, additional task and further additional task unidirectionally. The computer system of claim 58, wherein each computer means within the computer system is a personal type computer. Paged Memory Management Unit User s Manual by Motorola, published 1986 cover page, title page, copyright page pp. Preferably, the A and B links connect all computers on the same level together to form a ring of computers (i.e. Fabian Vandenreydt, a former head of SWIFT Global Securities, adds that the issue isnt whether Ripples technology works but whether it saves banks more money than it costs. In high school he was the prototypical nerd: Sports werent his thing, but chess was. He developed encrypted cloud storage and enterprise messaging systems for organizations like CNN and the. Block Stars with David Schwartz Ripple - Apple Podcasts "The endgame is just money moving invisibly, as easily as information.". We want to create a payment network like SWIFT. Ripple is fighting a $1.3 billion SEC lawsuit over whether its XRP token is a security. Application filed by David Schwartz Enterprises Inc, Assigned to DAVID SCHWARTZ ENTERPRISES, INC., 73 EMMET AVE., EAST ROCKAWAY, NY A CORP. OF NY, DAVID SCHWARTZ ENTERPRISES, INC., 73 EMMET AVE., EAST ROCKAWAY, NY A CORP. OF NY, Assigned to RWE-DEA AKTIENGESELLSCHAFT FUR MINERALOEL UND CHEMIE, RWE-DEA AKTIENGESELLSCHAFT FUR MINERALOEL UND CHEMIE, CHANGE OF NAME (SEE DOCUMENT FOR DETAILS). The computer system of claim 48, wherein the fourth link means are operable for transferring portions of the task, additional task and further additional task bidirectionally. 4 is a block diagram of a computer in accordance with the invention; FIG. Ripple Labs - Wikipedia 6 in accordance with a first embodiment of the invention; and. And that really, philosophically, bothers me, Schwartz says. Meawhile he was getting interested in cryptography. XRP Ledger upgrade is "awesome news", says Ripple CTO David Schwartz Restructuring (including bankruptcy): corporate in United States | Law 59. According to the article, as she noted, Schwartz chose Ripple stock instead of XRP. six computers) is to be understood as merely exemplary. 38. Today, the Ripple network is so renowned that Colombia considered using it for its national land registry under the previous government administration. David Schwartz Explains Why He's Not Leaving Ripple Company, Inc., St. Petersburg, Fla., under the registered trademark ETHERNET; FIG. David Schwartz Answers Tweet Asking If He's Satoshi : Ripple - Reddit The computer system of claim 1, further including a lower level computer means operable for receiving a further additional task, for processing, if currently available, portions of the further additional task and for distributing for processing those portions of the further additional task unprocessed by the lower level computer means to low level computer means based on the availability, as determined by said lower level computer means, of said low level computer means to process one or more portions of the unprocessed further additional task and for distributing for processing through said communications link means any remaining portions of the further additional task unprocessed by said low level computer means to said high level computer means based on the availability, as determined by said low level computer means, of said high level computer means to process one or more portions of the further additional task unprocessed by said low level computer means. The computer system of claim 46, wherein the number of third link means is greater than the number of fourth link means. The computer system of claim 8, wherein said high level computer means, low level computer means and lower level computer means are operable for processing different portions of the further additional task at the same time. David is one of the original architects of the XRP Ledger. 17. Prior to joining Ripple, he was a director of software development at Webmaster Incorporated, a Santa Clara software developer. Patents Assigned to RIPPLE LABS INC. Network computing system executing programmatic adapters to implement asynchronous communications Patent number: 11551191 Abstract: A computing system can establish asynchronous network communications with exchanges to facilitate cross-medium transactions between originating and recipient clients. 20. Ripple CTO David Schwartz Makes a Big Statement About The New XRPL AMM Network. 9. SWIFT has had the monopoly for so long, says Mercury CEO Alastair Constance, Why havent they been passing down the cost and time-saving? Jones also commented that other founders selected [] DLA Piper LLP (US) > San Diego (Downtown) > United States | The Legal The computer system of claim 37, wherein each computer means within the computer system is substantially similar in construction. The authors sought to characterize the structural and amyloid in vivo correlates of frPSI in cognitiv of the central processing unit [CPU] to service a request the resource being a machine, e.g. @JoelKatz, his Twitter handle, has more than 100,000 followers. Schwartz exposes how many XRP he owns and what his relationship to Bitcoin and Ethereum looks like. ;ASSIGNOR:SCHWARTZ, DAVID J.;REEL/FRAME:004938/0770, Owner name: The computer system of claim 8, wherein said high level computer means, low level computer means and lower level computer means are operable for processing different portions of the additional task at the same time. 16. 15. The computer system of claim 14, wherein the fourth link means are operable for transferring portions of the task, additional task and further additional task bidirectionally. Method of and arrangement for ordering of multiprocessor operations in a multiprocessor system. Ripple Labs CTO David Schwartz is giving some reasonably sound investment advice, though it comes at a strange time for the payments network. Ripple CTO Explains Why XRP Does Not Use Proof-of-Work - CryptoGlobe The computer system of claim 20, wherein each computer means within the low level computer means is coupled to at least one other computer within the low level computer means through two second link means whereby the low level computer means forms a ring of computer means. Lessening of the load that any one computer is requested to process results. The method of claim 63, further including processing different portions of the task at the same time. David is one of the original architects of the XRP Ledger. The method of claim 28, further including transferring portions of the task along the second link means unidirectionally. Yesterday, July 18th, author Linda P. Jones shared on Twitter a forbes story about David Schwards titled "Ripple's Trillion-Dollar Man," which spoke about one of the original creators of the Ripple Ledger, David Schwartz. The computer system of claim 44, wherein said high level computer means, low level computer means and lower level computer means are operable for processing different portions of the further additional task at the same time. A distributed computer system performing distributed processing with more than about six computers is difficult to work with since many of the same lines, disk drives, printers and other equipment must be shared by each computer. Join the club! He can be applauded for clearing the air with respect to how actually decentralized the XRP ledger is through a very informative post on the . As many of the portions as possible are distributed for processing on the lowest level of the system. But one where the settlement, the actual movement of money, the actual plumbing underneath the surface, would be a decentralized, open network, Schwartz says. r/Ripple The Ripple CBDC team will be collaborating with the Central Bank of Montenegro CBCG on a pilot project to create a CBDC or . window.coinzilla_display=window.coinzilla_display||[];var c_display_preferences={};c_display_preferences.zone="325fe079eb73cc7840";c_display_preferences.width="300";c_display_preferences.height="250";coinzilla_display.push(c_display_preferences). A task. The computer system of claim 39, wherein said second link means are operable for transferring portions of the task and additional task bidirectionally. Ripple CTO Describes How Linqto Facilitates Investments in PolySign The mysterious Satoshi Nakamoto is often credited with inventing blockchain - the tech behind the recent cryptocurrency and decentralization boom. He mentions a project completed in 2015, when the European Central Bank launched a new platform for linking 20 central securities depositories (CSDs). 61. 7. CHANGE OF NAME;ASSIGNOR:DEUTSCHE TEXACO AKTIENGESELLSCHAFT GMBH;REEL/FRAME:005244/0417, Free format text: The C link of each computer 100 is used to communicate/transfer information to or receive information from another computer 100 which is on a higher level of the system. Patents Assigned to David Schwartz Enterprises, Inc. Computer system Patent number: 5025369 Abstract: A multilevel distributed computer system for distributed processing preferably includes a plurality of personal computers.