Patent · US Active

Blockchain-based trustable guarantees

US11138602B2 · kind B2 · utility

6Cited by
1References
18Claims
0Family size

Assignee

Inventors

Key dates

Filing dateDec 30, 2020
Grant dateOct 5, 2021
Priority date
Expiry dateDec 30, 2040

Classification

  • Technology area (CPC H)Electricity
  • CPC primaryH04L2209/56
  • WIPO fieldDigital communication
  • WIPO sectorElectrical engineering

Abstract

Disclosed herein are methods, systems, and apparatus for processing blockchain-based guarantee information. One of the methods includes receiving a first cyphertext of a first digital document specifying a guarantee from a first computing device associated with at least a first guarantor and one or more zero-knowledge proofs (ZKPs) related to one or more values associated with the guarantee, and the first digital document specifies one or more predetermined conditions of executing the guarantee; verifying that the one or more ZKPs are correct; storing the first cyphertext to a blockchain based on performing a consensus algorithm; receiving a first message from a second computing device associated with a beneficiary or a representative of the beneficiary.

Source: USPTO / EPO open patent data. Objective bibliographic and citation counts.