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:
May. 12, 2020
Filed:
Aug. 28, 2019
Qed-it Systems Ltd., Tel Aviv-Jaffa, IL;
Aurélien Renaud François Nicolas, Berlin, DE;
Ron Kahat, Tel Aviv, IL;
Pablo Kogan, Ramat Gan, IL;
Yakov Gurkan, Netanya, IL;
Ori Wallenstein, Raanana, IL;
QED-IT SYSTEMS LTD., Tel Aviv-Jaffa, IL;
Abstract
Disclosed herein are system, method, and computer program product embodiments for performing transactions or atomic swaps using zero-knowledge proofs ('ZKPs'). A first system may propose a transaction between with a second system. The first system may generate a first ZKP indicating that the first system has possession of an asset desired by the second system and that the first system is committing the asset to the transaction. The second system may also similarly generate a second ZKP. These ZKPs may be encrypted and exchanged. The second system may receive an encrypted version of the first ZKP, perform a decryption using a key specific to the second system, and verify the ZKP. When the parties verify the ZKPs, this confirms that each party has committed the requested asset and that the transaction may proceed. The transaction may be committed to a blockchain.