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:
Nov. 15, 2022
Filed:
Sep. 16, 2019
Anchor Labs, Inc., San Francisco, CA (US);
Nathan P. McCauley, San Francisco, CA (US);
Diogo Monica, San Francisco, CA (US);
Boaz Avital, San Francisco, CA (US);
Riyaz D. Faizullabhoy, Los Altos, CA (US);
Anchor Labs, Inc., San Francisco, CA (US);
Abstract
A hardware security module (HSM) generates a client key for an account holder of a cryptoasset custodial system. The HSM encrypts the client key to generate an encrypted client key using a hardware-based cryptographic key within a secure storage device. The encrypted client key is transmitted to client devices. The HSM deletes the encrypted client key from the secure storage device. Each client device stores the encrypted client key in an offline secure enclave. A request to authorize a cryptoasset transaction is received. The HSM determines that signed messages endorsing the cryptoasset transaction have been received from at least some client devices in satisfaction of a quorum. The encrypted client key is received from at least one client device. The HSM decrypts the encrypted client key. The HSM signs an approval message for the cryptoasset transaction using a cryptoasset key based at least in part on the client key.