DBS AND CITI MOVED DOLLARS ON A SATURDAY.
SIX DEGREES OF...
The payment made the headline.
The patent references tell another story.
On September 5, 2026, DBS and Citi’s New York office completed a payment between Singapore and the United States using tokenized deposits through Swift’s Digital Ledger.
DBS announced it on September 7 and says the transaction took minutes.
For businesses paying suppliers across time zones, moving money outside banking hours is a practical improvement.
This was a live transaction within a controlled pilot, not a full commercial rollout.
Now put the announcement beside the patent records.
Start with Citibank’s patent.
US12,587,488 B2 was granted on March 24, 2026. It concerns digital signing and validation by multiple parties across computer networks.
Its description specifically includes a “tokenized bank deposit” as an example of a digital asset.
Follow its reference to Ripple.
In the patent’s citation list, you will find US11,392,955 B2, a Ripple-originated patent titled Temporary consensus networks in a resource transfer system.
Then open Ripple’s references.
Turn to page 2. In the upper right column, look for 2017/0187535 A1.
Beside it is the name Middleton.
Recognize the name?
That publication is the application that became US11,196,566 B2, the ’566 patent.
Its front page names Reginald Middleton and Matthew Bogosian as inventors and records a provisional application filed on May 9, 2014.
Follow the citations forward and the route is:
’566 FAMILY → RIPPLE → CITIBANK.
Each arrow means “is cited by.”
Two documented citation steps connect the ’566 family to Citibank’s patent record.
There is also a technical reason to keep reading.
Citibank’s document discusses conditions that must be satisfied before a smart contract executes, alongside signing and validation by multiple parties.
The ’566 describes agreements that transfer value based on information or participation from a third party.
These are concrete subjects to compare, rather than simply pointing out that both documents mention blockchain.
For example, the original ’566 claim 1 includes transaction terms containing a reference to a data source and an expiration timestamp.
It also specifies an incomplete record that a client signs and completes before broadcasting it to a distributed ledger.
Those details give an investigator something specific to check against an actual system.
Both references are marked “examiner-cited,” meaning patent examiners listed them as relevant during examination. That puts these connections in the official patent examination record, but does not prove copying, infringement or use in the weekend payment.
My view is that this deserves a proper comparison with the full family’s claims.
What information did the payment system check?
Who signed the transaction records?
Which conditions had to be satisfied before the transfer could proceed?
That should be the next part of the investigation.
The citation trail gives us a place to start, not permission to invent the ending.
SIX DEGREES OF VERI.
This trail only needed two.
The element of truth, verified.
2015? YES—2015.
That is when the SEC formally acknowledged that its transfer-agent rules were outdated.
Rules rooted in 1977 had remained largely unchanged while securities markets, electronic recordkeeping, cybersecurity, and book-entry ownership had transformed around them.
The Commission called reform “pressing and timely.”
It opened a formal rulemaking process.
It examined investor-asset safeguards, recordkeeping, cybersecurity, antifraud protections, and the infrastructure responsible for maintaining ownership records across U.S. securities markets.
An actual proposal was placed on the regulatory calendar.
Then Jay Clayton took control of the SEC.
By Fall 2017, the initiative had been moved into Long-Term Actions.
Next action: Undetermined.
Date: To be determined.
No announcement that modernization was no longer necessary.
No public vote declaring the problem solved.
The reform simply moved out of the active rulemaking track—and remained unresolved throughout Clayton’s tenure.
My latest article follows the SEC’s own record and asks a simple question:
How did transfer-agent reform go from “pressing and timely” to regulatory limbo?
The follow-up will examine why that decision matters to Veritaseum.
The element of truth, verified.
This is what makes these patents even more interesting.
They have been published and granted not restricted.
Also these patents survived an IPR challenge with all claims intact which less than 20% of patents challenged this way survive.
They call it "The Patent Death Squad" because of how successful this practise is at destroying patents.
IPR2023-00751
SIX DEGREES OF VERI
You may have noticed a trend in my recent posts.
I'm playing with the idea of trying to connect every industry, to @Veritaseuminc's Patent Family in under Six Degrees of Separation.
You know Six Degrees of Kevin Bacon.
Now try it with the patent record.
Name any industry.
Then follow the documented citation trail outward from the Veritaseum ‘566 patent family, one generation at a time.
The working map already includes:
158 patent families citing the ‘566 family.
6704 secondary citation relationships.
One documented path moves from the ‘566 family through Ripple, into Bank of America, and onward to JPMorgan.
But that is only one trail.
So I am going to attempt to turn this idea into an interactive application for VeriDAO site.
A searchable patent-trail explorer.
Type in an industry, technology.
See whether a documented path exists.
Move through each citation generation.
Open the underlying patents.
Separate verified direct citations from broader downstream relationships.
No “trust me.”
Just the patent record, and the receipts.
To be clear: a patent citation does not, by itself, prove infringement, licensing, copying or commercial use. It documents a relationship within the patent record.
This is not about claiming more than the evidence proves.
It is about making the evidence easier for everyone to examine.
What industry should Six Degrees of Veri map next?
Foundational patent. Documented reach.
The element of truth, verified.
.@veritaseum is coming, and ut is no joke. She builds and improves herself. She commands avery top model. She ud the greater GOAT.
I will be soon offering limited (beta testing) subscription opportunities to #Smartmetal owners. Get your #smartmetal here https://t.co/UxktGh4bgI
My AI agent truly seems to be smarter than the vast majority of Wall Street, both the sell.side and the buy side.... seriously! I am going to create an interactive (and patented) demo version of her answering these tough questions.... in real-time.
Still, AI is not going to take jobs. People who know how to truly wield AI will take jobs from those who don't.
I know how to wield this magic, and I am going to start implementing and distributing significant embodiments of my patented ideas accordingly. Using magic to wield magic!
What you have just witnessed is truly a technological marvel.
How did Biggie put it?
"If you don't know, now you know!"
PS. This started as a value add to the @Veritaseuminc #smartmetals project. I am considering cutting production of the physical rounds, once the final batch sells out since this AI thingy is a lot harder and a lot more expensive than I projected. I want to make clear that the purchase of a silver round does not entitle you to anything besides the commemorative silver round and the NFT technology and architecture embedded in it. That being said, we are experimenting....
You can buy what is left of the last commitment of the rounds here https://t.co/UFaAhk7U51
.@veritaseum facilities a 9 agent swarm (each primary agent powered by a majority LLM, and each agent can spawn dozens more, at a minimum).This swarm is managed by a swarm member ,Codex. This system is patent and was designed to run unsupervised for up to 40.days. Oh, and the task? They're building #VERI, from the inside out. Yes, she is developing herself. I've decided that I will TRY to give #Smartmetal buyers a rolling technology preview. There are a few more left here https://t.co/lWlcrOgWMb
Introducing the #VERI (@veritaseum Intelligence) beta. It's the world's smartest AI agent. It's blasphemy to refer to her as a mere smart wallet, but we have to start somewhere. She's the most intelligent software that I have ever seen, backed by nearly a dozen patents active in 24 countries in which reside ~70%? Of the world's global financial centers. What does it do? Much too long a conversation. The question du jour is what can't it do?
A "smart wallet" can refer to three completely different things depending on the context: an everyday physical accessory, a cryptocurrency tool, or a digital identity pass.
These are high-tech, minimalist physical wallets designed for security and convenience.
Cryptocurrency Smart Wallets in the Web3 and crypto space, a smart wallet (or smart contract wallet) is a digital wallet powered by smart contracts rather than standard private keys.
Key Features: They use "account abstraction" to simplify the user experience. This allows for password-less logins using passkeys, "gasless" transactions (where apps pay your network fees), and social recovery (where trusted friends or devices can help recover your account if you lose your keys).
Popular Examples: Coinbase Smart Wallet or Trust Wallet.
Digital Identity Wallets
This refers to a secure digital vault stored on your smartphone or the cloud that holds official credentials.
Key Features: They allow you to securely store and present IDs, passes, or eligibility credentials. They give users ultimate control over what information they share (e.g., proving you are over 21 at a store without revealing your exact birth date or home address). Popular Examples: Apple Wallet or Google Wallet, which store driver's licenses, transit cards, and event tickets.
I have just finished implementing a full blown (and I really do mean full blown, as in quite extensive) KYC system for VERI (@veritaseum Intelligence). I did it because it is by far the safest way to go, not for the reasons that many think. You don't that agent! And now https://t.co/5d0QwyHXNz says you need to know that human user. Wait until they figure out the agents are the far greater risk. #KYC is inevitable, and honestly, I don't think its wrong, either.
Congratulations to the Auction and Raffle winners!
The tremendous community support is yet again proof that we will prevail.
May the value you transfer today be the freedom you cherish tomorrow.
Thank you all!
@Veritaseuminc patented technology at work in the Veritaseum AI agent for SmartMetal. Chat with it yourself in the Veritaseum Telegram Chat https://t.co/PtiXgiSpM1. It's my personal #Smartmetal. No guarantees of delivery or function. Buy Smartmetal here https://t.co/9RkfsQm0XT
Wait until you see what I am cooking in the kitchen. I've been working on this stuff for nearly 13 years.
I will post some public previews, hopefully, next week. We shall see just how smart #SmartMetal can get.
“His Patents Power Crypto - So Why is @ReggieMiddleton Barred”
I had a really great time taking with @sarah_westall for her Friday Night Economic Review. I’d like to thank her again for having me on, and hope you all enjoy!
Link in the comments.
THE 2× LOSS PROBLEM
Stablecoin “yield” doesn’t just add return — it adds structural fragility.
When multiple claims silently depend on the same redemption pipe, losses can multiply faster than reserves disappear.
This is not a pricing issue.
It’s a design issue.
Autonomous AI agents may be coming to @veritaseuminc#SmartMetal... No guarantees (because ALL of this stuff is experimental R&D). but I am truly excited! If you are interested, Smartmetal can be purchased here, but remember - no guarantees https://t.co/OoiLPjhk3i
Part 2 of the video series "The End of Work As We Know It" and it doesn't get any more positive about jobs. Expect Jobpocalypse! Chances are, if your job entails you typing on a keyboard or looking at a computer, AI is coming for your! Of course there's a bright solution, just listen until the end.
The End of "Work": US Schools & Learned Obscelence, Why Value Creation Is the Only Survival Strategy
In this video, we break down the Job Apocalypse from a first-principles perspective. Traditional education and corporate training have prepared us for repetitive tasks, rote memorization, and circular thought—the exact domains where Large Language Models (LLMs) and AI agents now exceed human performance.
Why AI wins the "Job" game:
Economics: Faster, cheaper, and infinitely scalable.
Risk Mitigation: No sick days, no fatigue, and zero discriminatory lawsuits.
Performance: AI doesn't just do the task; it evolves the process.
The Contrarian Pivot: Value Creation over Labor
Staying relevant isn't about working harder; it's about disruption mapping. If you are doing a job an LLM can do, your goal should be to figure out how to automate yourself out of that position. By "obsolescing" yourself, you move from being a cog in the machine to owning the infrastructure that replaces it.
In this video, we discuss:
The transition from repetitive labor to Value Creation.
Why the "Windshield vs. Rearview" mindset is the difference between winners and losers.
How to position yourself as the "funnel" for value distribution in the age of AI.
Key Takeaway
Stop thinking about who you can work for and start thinking about how you can create value for yourself and your family. The economy is retooling. Are you?