MUMBAI, India, Feb. 27 -- Intellectual Property India has published a patent application (202641018615 A) filed by Naren Swamy Jamithireddy, Endada, Andhra Pradesh, on Feb. 18, for 'sap s/4 compatible digital settlement engine for stablecoin-based corporate payments.'
Inventor(s) include Naren Swamy Jamithireddy.
The application for the patent was published on Feb. 27, under issue no. 09/2026.
According to the abstract released by the Intellectual Property India: "The present invention relates to a SAP S/4 compatible digital settlement engine for stablecoin-based corporate payments. The invention provides a system and method for enabling enterprise payment obligations generated within SAP S/4 financial and treasury modules to be settled using stablecoin-based digital value instruments while preserving accounting integrity, reconciliation consistency, and treasury control. The digital settlement engine operates as an intermediary layer between SAP S/4 and one or more stablecoin execution environments, abstracting digital settlement logic from core ERP processing. In one embodiment, validated corporate payment obligations originating from invoices, treasury transactions, or intercompany settlements are received by the digital settlement engine and translated into protocol-independent digital settlement instructions. These instructions are executed through a stablecoin execution interface that may interact with custodial platforms, non-custodial environments, or distributed ledger networks. Settlement confirmation data generated by the execution layer is normalized and mapped to SAP S/4-compatible acknowledgment structures, enabling automated posting, clearing, and reconciliation within the ERP system. The invention further supports intermediate settlement states, exception handling, and rollback management to prevent premature accounting clearance in the event of delayed or failed settlement execution. By integrating stablecoin settlement logic directly into SAP S/4-compatible financial workflows, the invention enables secure, auditable, and scalable corporate payment execution using digital value instruments without modifying core ERP accounting structures."
Disclaimer: Curated by HT Syndication.
