Managing electronic cryptocurrencies
US10915895B1 · kind B1 · utility
Assignee
Inventor
Key dates
| Filing date | May 24, 2017 |
| Grant date | Feb 9, 2021 |
| Priority date | — |
| Expiry date | Apr 19, 2039 |
Classification
- Technology area (CPC H)Electricity
- CPC primaryH04L2209/56
- WIPO fieldIT methods for management
- WIPO sectorElectrical engineering
Abstract
A method and system are configured for performing a transfer of digital currency from an owner of the digital currency to a recipient of the digital currency. The transfer of digital currency includes transferring a sequence of digitally signed transactions from the owner to the recipient. The method and system are further configured for recording the performed transfer of digital currency to a block chain public ledger, generating a digital contract for the recipient that converts the transferred digital currency from an intangible asset type to a financial asset type, and storing the generated digital contract along with electronic credentials associated with accessing the digital currency in a holding account for the recipient.
Source: USPTO / EPO open patent data. Objective bibliographic and citation counts.