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:
Feb. 27, 2024
Filed:
Nov. 18, 2020
Conio Inc., San Francisco, CA (US);
Vincenzo Di Nicola, Bothell, WA (US);
Massimiliano Sala, Trento, IT;
Alessio Meneghetti, Cittadella, IT;
Riccardo Longo, Tesero, IT;
Conio Inc., San Francisco, CA (US);
Abstract
Exemplary embodiments provided herein include a method for safe creation, custody, recovery and management of a digital asset, agnostic to an underlying blockchain technology, the method including establishing a virtual layer where three private keys are generated, transacting the digital asset by using two of three of the private keys and multi-party computation techniques, abstracting interactions between the three private keys from the underlying blockchain technology, having a digital asset transaction considered as a single-signature by the underlying blockchain technology, and recovering the digital asset if any of the three private keys is no longer available. Additionally, the digital asset may be a cryptocurrency, and a party may be disconnected from any network during the normal user operation phases. Furthermore, the digital asset transaction may be considered as a single-signature, as seen by the underlying blockchain technology, and is associated to a public key PK_ABC.