b-1 through b-10. In 2015 Ripple formed the RippleNet Committee, an advisory team made up of major banks including Bank of America Merrill Lynch, Japans MUFG Bank, Standard Chartered Bank, Westpac and Spains Banco Santander, which invested in Ripple and began experimenting with early versions of its payment technology. The method of claim 63, further including processing different portions of the additional task at the same time. He developed encrypted cloud storage and enterprise messaging systems for organizations like CNN and the National Security Agency (NSA). Failure to recover from proactive semantic interference (frPSI) has been shown to be more sensitive than traditional cognitive measures in different populations with preclinical Alzheimer's disease. 7 is a flow chart of FIG. Ripple Labs - Wikipedia 3 is a block diagram of a computer system marketed by T.S.M. David Schwartz | Alliance for Innovative Regulation. - AIR 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. 53. when did david schwartz patent xrp - Shopnaturenow 3 yr. ago Heres an abstract of the 1991 patent: Patent number: 5025369 A multilevel distributed computer system for distributed processing preferably includes a plurality of personal computers. David Schwartz Enterprises Jan 1988 - Jan 19913 years 1 month Invented a hierarchical system for distributing workloads over multiple computers. 37. 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. You dont need our permission, and we cant stop you, Schwartz says. We dont know is the official response from a company spokesperson. In fact, more than half the XRP that will ever exist are still owned by Ripple. The C link is usually the only link along which the status (i.e. 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. Davids not a guy who is going to require a lot of micromanagement, Garlinghouse says. The computer system of claim 9, wherein each computer within the computer system is substantially similar in construction. Initially, a user requests that a task be processed in a, If a computer on a level III is available to process that portion of the task, such portion is sent on a D line to that available computer under, Assuming that computers 410-440 are not available for processing the portion of the task which, If one or more computers are available in level IV of, If there are no computers available throughout, In another alternative embodiment of the invention, those portions of the task which have not been transfered for processing to a lower level of the system through D links and which can not be currently processed by the computer which has these one or more portions is transfered along one or more C links until reaching a computer on a higher level which can either process the task itself or has received status signals of availability from a lower level computer. The second links are designed to transfer portions of the task and any additional task either unidirectionally or bidirectionally. 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. Under Schwartzs technical leadership, Ripple would like to bring global money transfers into the 21st century. New CTO David Schwartz at Ripples San Francisco headquarters in June. As can be readily appreciated, the higher the level of the system, the more computers report their availability status to a single computer and the more likely that an available computer will be found. You need to move things so that the system still works during the transition, and thats where the cost is.. The process involves regulatory oversight, compliance checks and other layers of protection, and is facilitated via a complex series of service agreements. 10. Referring to FIG. 4 is a block diagram of a computer in accordance with the invention; FIG. 60. Ripple executives, including CTO David Schwartz, have admitted the software that is sold to banks for payments processing, XCurrent, is not a blockchain or any form of distributed ledger. Those portions unprocessed on the lowest level are distributed for processing on the next lowest level. In other words, Schwartz was gaining a working knowledge of cryptography at a high level. Is it manufacturable? Ripple loses a veteran cryptographer . A further object of the invention is to provide a distributed computer system which includes a plurality of substantially identical computers such as, but not limited to, personal computers operable for performing distributed processing. The computer system of claim 44, wherein said communications link means includes third link means and fourth link means, said third link means coupling said at least two computer means of said low level computer means to said at least three computer means of said lower level computer means, said fourth link means coupling said at least three computer means of said lower level computer means together wherein the number of third link means and the number of fourth link means coupled to one of the computer means on the lower level computer means are unequal. The method of claim 66, further including transferring portions of the task along the second link means unidirectionally. The first links couple at least one computer of the high level computer means to at least two computers of the low level computer means. The following year he was awarded his first patent20 years before Satoshi Nakamoto invented the bitcoin blockchainfor a distributed computer network he designed to lighten the burden of a central processor. Aside from crypto journalism, Brennan runs an education center, where he educates people about the asset class. The Ripple executive did this in a tweet yesterday, surmising his thoughts on arguments made by lawyers of former Coinbase product manager Ishan Wahi in a motion to dismiss a civil suit filed by the US Securities and Exchange Commission (SEC). They sell the coins periodically and have distributed many to insiders. As shown in FIG. 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. 5, a first distributed computer system embodiment of the invention includes a, Each computer of level III reports its status of availability through its C lines to, With the task now having been transfered to, Processing of a task on a real time basis can be performed by, Level V includes computers which are connected to the D links of, FIG. Join the club! While Schwartz doesnt identify as a libertarian, he had purchased a few bitcoins and agreed with many of the movements ideals. The computer system of claim 1, wherein each computer within the computer system is substantially similar in construction. Patent Number 5,025,369 was issued on January 18, 1991, but it was filed by Schwartz on August 25, 1988. In other words, there is worry in the crypto community that, like SWIFT, Ripples system remains more centrally controlled than it appears. Ripple Labs CTO David Schwartz says those with life-changing amounts of crypto should think about selling some. 23. Ripple's Trillion-Dollar Man - Forbes communications link means for transferring portions of the task within the computer system, said communications link means including first link means and second link means, said first link means coupling said at least one computer of said high level computer means to said at least two computers of said low level computer means and operable for transferring portions of the task and additional task bidirectionally, each of said second link means coupling said at least two computers of said low level computer means together; wherein the availability of said low level computer means to process one or more portions of the task is communicated to said high level computer means and the availability of said high level computer means to process one or more portions of the unprocessed additional task is communicated to said low level computer means along said first link means; and. Its a bit like heart surgery, Vandenreydt says. In a recent interview, Ripple CTO David Schwartz talked about the advantages of XRP Ledger's consensus mechanism over Bitcoin's Proof-of-Work (PoW) consensus mechanisms. David Schwartz, CTO of Ripple, recently tweeted his opinions on how adopting blockchain-agnostic solutions might hasten the spread of XRP and attract more consumers within the Ripple platform. 28 Apr 2023 19:00:14 A multilevel computer system including high level computing means and low level computing means, comprising: said high level computer means including at least one computer and operable for receiving a task, for distributing one or more portions of the task to said low level computer means for processing based on the availability, as determined by said high level computer means, of the low level computer means to process said one or more portions of the task, and for processing, if currently available, all undistributed portions of the task; said low level computer means including at least two computers and operable for receiving an additional task, for processing, if currently available, portions of the additional task, for distributing for processing those portions of the unprocessed additional task to high level computer means based on the availability, as determined by said low level computer means, of the high level computer means to process one or more portions of the unprocessed additional task, and for processing portions of the task received from said high level computer means; and. The latest R&D info about Rhode Island Hospital: pipelines, patents Block Stars with David Schwartz Ripple - Apple Podcasts 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. 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. Each user would be provided with a personal computer which would be coupled to one of the levels of the system. 28. The product didnt sell well, but demand for programmers rose during the dot-com era, and Schwartz pursued a number of network-related programming positions. CHANGE OF NAME;ASSIGNOR:DEUTSCHE TEXACO AKTIENGESELLSCHAFT GMBH;REEL/FRAME:005244/0417, Free format text: 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 Paged Memory Management Unit User s Manual by Motorola, published 1986 cover page, title page, copyright page pp. The adoption of Ripple products has been modest so far. FIG. The computer system of claim 37, wherein each computer means within the low level computer means is coupled to at least one other computer means within the low level computer means through two second link means whereby the low level computer means forms a ring of computer means. While GPI isnt necessarily a Ripple-killer, it presents another serious hurdle for Ripple to clear. "The endgame is just money moving invisibly, as easily as information.". 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. Normally, and unlike a typical distributed computer system, distributed processing is performed by a number of different microprocessors located within one central processor. Ripple's chief technology officer David Schwartz has offered a simple method to identify what constitutes a security or commodity. With more than 10,000 banks in SWIFTs network, Newman is hopeful that he can transition all of SWIFTs members to its new system GPI system by 2020. In 2012, while Schwartz and Britto wrote code, veteran tech executive Chris Larsen, who previously worked at Prosper Loans, joined Ripple as its first chief executive. 38. Prior art distributed computer systems which automatically shift a task from an unavailable computer to an available computer require complex programming with specially designed communication links between the computers. Information can not be transferred from one computer to another unless the computer which is transmitting the information has a "token ring". Check out his full Patent HERE 43. The computer system of claim 19, wherein each computer 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 computers. Since they launched it with the name XRPL it never got hacked nor being halted. Well, Ripple, powered by David Schwartz's technological genius, is on a mission to lead international money transfers into a happy (and much faster) future. A method of distributed processing within a network of computers, comprising: establishing a communications link which includes first link means and second link means wherein the low level computers are coupled together through the second link means to form a ring of computers and the at least one high level computer is coupled to the at least two low level computers through the first link means and wherein the number of first and second links associated with each low level computer are unequal; distributing portions of a task to be processed by currently available low level computers along the communications link based on the availability of the low level computers to process one or more portions of the task, said availability being previously communicated to the at least one high level computer along the first link means; processing the distributed portions of the task by currently available low level computers; processing, if currently available, all undistributed portions of the task by the at least one high level computer; processing portions of an additional task by currently available low level computers; distributing for processing along the communications link those portions of the additional task unprocessed by the low level computers to the at least one high level computer based on the availability of the at least one high level computer to process one or more portions of the unprocessed additional task, said availability of the at least one high level computer being previously communicated to at least one of the low level computers along the first link mean; and. In high school he was the prototypical nerd: Sports werent his thing, but chess was. David Schwartz Explains Why He's Not Leaving Ripple Handled interactions with the USPTO to obtain. 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. Charles Schwartz Inventions, Patents and Patent Applications - Justia The Crypto Basic is not responsible for any financial losses. 13. 48. However, a patent document shared by an XRP influencer known as XRP King Doggo IV indicates that Schwartz may have developed the rough concept for the network as far back as 1988. RWE-DEA AKTIENGESELLSCHAFT FUR MINERALOEL UND CHEM, Free format text: XRP was made to become the greatest asset ever created. It was like inventing a new material. Prior to joining Ripple, David Schwartz was Chief Technical Officer for WebMaster Incorporated, a Santa Clara software developer. Prior to joining Ripple, David Schwartz was Chief Technical Officer for WebMaster Incorporated, a Santa Clara software developer. When that barrier goes away, you understand it. In a recent series of tweets, Ripple CTO David Schwartz spoke about his crypto portfolio. 3. The computer system of claim 37, wherein the number of first link means and the number of second link means associated with each computer means of said low level computer means are unequal. The computer system of claim 3, wherein said second link means are operable for transferring portions of the task and additional task bidirectionally. David Schwartz created the XRPL way back in 1988 when they didnt even had a name for the blockchain. 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.

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david schwartz ripple patent