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. 14, 2024
Filed:
Aug. 27, 2021
Paypal, Inc., San Jose, CA (US);
Hubert Andre Le Van Gong, San Jose, CA (US);
Khai Hanh Tang, Singapore, SG;
Shanshan Hua, Singapore, SG;
Siew Hoon Lim, Singapore, SG;
PayPal, Inc., San Jose, CA (US);
Abstract
Methods and systems are presented for providing a secured framework for facilitating electronic transactions using a multi-party computation approach. Under the multi-party computation approach, the task of authenticating a transaction conducted through a user account is distributed among multiple computer nodes. One or more secrets and shares of a secret are distributed among the multiple computer nodes. An authentication process is implemented such that at least a portion of the multiple computer nodes, including one or more required nodes, exceeding a predetermined number of nodes are needed to perform a set of computations using the corresponding secret(s) and/or shares of the secret in order to generate a digital signature for the user account. By verifying the digital signature using a public key of the user account, it can be determined that the participation requirement has been satisfied.