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. 05, 2024
Filed:
Feb. 03, 2022
Nchain Licensing Ag, Zug, CH;
nChain Licensing AG, Zug, CH;
Abstract
A method and devices for verifying a digital resource by a plurality of node devices in a blockchain network. The plurality of nodes have respective private key shares, where a collective private key of a collective private-public key pair is based on a set of the respective private key shares, and where each node has a nodal private-public key pair. The digital resource may be encrypted using a digital resource crypto public key, the digital resource crypto public key including combination of a nodal public key and a collective public key. The digital resource may be submitted to a repository system by broadcasting a commitment transaction and a subsequent reveal or rescind transaction of a commitment channel, the commitment channel formed between a respective node and a principal node. Decrypting the encrypted digital resource is based on retrieving private key share contributions from the plurality of nodes participating in verifying the digital resource.