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.

Date of Patent:
Jun. 18, 2024

Filed:

Nov. 24, 2021
Applicant:

Coinbase, Inc., San Francisco, CA (US);

Inventors:

Jeremy Suurkivi, San Francisco, CA (US);

Andrew Pau, San Francisco, CA (US);

Jayasudha Jayakumaran, San Francisco, CA (US);

Assignee:

Coinbase, Inc., San Francisco, CA (US);

Attorney:
Primary Examiner:
Assistant Examiner:
Int. Cl.
CPC ...
G06Q 20/36 (2012.01); H04L 9/08 (2006.01); H04L 9/14 (2006.01); H04L 9/32 (2006.01); H04L 9/00 (2022.01);
U.S. Cl.
CPC ...
G06Q 20/3678 (2013.01); H04L 9/083 (2013.01); H04L 9/085 (2013.01); H04L 9/0861 (2013.01); H04L 9/0891 (2013.01); H04L 9/0894 (2013.01); H04L 9/0897 (2013.01); H04L 9/14 (2013.01); H04L 9/3247 (2013.01); H04L 9/50 (2022.05); H04L 2209/56 (2013.01);
Abstract

Aspects of the disclosure relate to processing cryptocurrency transactions. A computing platform may receive a transaction request. The computing platform may request SEKs from operator devices, and may receive requests to download encrypted SEKs accordingly. The computing platform may send the encrypted SEKs, and may receive corresponding decrypted SEKs from the operator devices in response. The computing platform may decrypt encrypted shares using the SEKs, and may use the decrypted shares to reconstruct a cryptographic signing key. The computing platform may validate the cryptographic signing key, and based on successful validation of the cryptographic signing key, may transfer authorize the requested transaction.


Find Patent Forward Citations

Suurkivi, Jeremy. (2024). Systems and methods for improved hot wallet security (U.S. Patent No. 12014361). U.S. Patent and Trademark Office. https://idiyas.com/patent/badge/12014361

Data source: USPTO (United States Patent and Trademark Office) public patent records. Weekly synchronization. How IDiyas builds this profile

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