MUMBAI, India, Oct. 26 -- Intellectual Property India has published a patent application (202511079549 A) filed by Vidya Soundarajan; and Ashley Derrick on August 22, 2025, for System And Method For Token-Based Oversight Framework.
Inventors include Vidya Soundarajan; and Ashley Derrick.
The application for the patent was published on October 23, 2026, under issue no. 43/2026.
Abstract: The various embodiments of the present invention provide a system and method for controlled, auditable, and privacy-preserving disbursement of project finance. The system comprises a regulated custody gateway secured by a hardware security module, a distributed ledger subsystem managing fungible, supervisory, and tranche tokens, an evidence capture and validation subsystem, a selective disclosure layer employing zero-knowledge proofs, a risk threshold and compliance engine, a governance and sequencing module, and an interoperability layer. The method comprises issuing hardware-signed proof of reserve records for fiat deposits, minting fungible and supervisory tokens, creating tranche tokens embedding covenant envelopes, atomically coupling fiat disbursements with token events, capturing validated artefacts, applying zero-knowledge proofs for selective disclosure, dynamically computing risk thresholds, and enabling governance with biometric authentication. The invention bridges regulated banking systems and distributed ledger assurances, eliminates duplicate reporting, enforces compliance across multiparty covenants, and ensures interoperability across fiat, hybrid, and crypto-native deployment models. FIG. 1
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