The patent badge is an abbreviated version of the USPTO patent document. The patent badge does contain a link to the full patent document.
The patent badge is an abbreviated version of the USPTO patent document. The patent badge covers the following: Patent number, Date patent was issued, Date patent was filed, Title of the patent, Applicant, Inventor, Assignee, Attorney firm, Primary examiner, Assistant examiner, CPCs, and Abstract. The patent badge does contain a link to the full patent document (in Adobe Acrobat format, aka pdf). To download or print any patent click here.
Patent No.:
Date of Patent:
Mar. 24, 2020
Filed:
Mar. 22, 2019
Dhryl Anton, Paradise Valley, AZ (US);
Michael Mcfall, Paradise Valley, AZ (US);
Dhryl Anton, Paradise Valley, AZ (US);
Michael McFall, Paradise Valley, AZ (US);
Abstract
Disclosed is a method, a device, and/or a system of secure custody of a ledger token and/or a quantity of cryptocurrency of a distributed ledger network through binding to a possession token. In one embodiment, a private key controlling an entry in a ledger database of a distributed ledger network is stored in a cryptographically secured data container. The private key may be generated and securely maintained by a server. The data container is cryptographically tied to a possession token that can be issued to a user that may be an evolving dataset that may evolve in state on each transfer to maintain a real time global state across a network of computing devices. Decryption of the private key on the server may depend on data stored in the possession token. The possession token may therefore bestow title of the ledger token and allow for transfer of title while protecting the private key from threats such as hacking and inadvertent loss.