Patent · US Active

Multi-approval system using M of N keys to restore a customer wallet

US11216809B2 · kind B2 · utility

0Cited by
9References
30Claims
0Family size

Assignee

Inventors

Key dates

Filing dateJan 17, 2019
Grant dateJan 4, 2022
Priority date
Expiry dateSep 5, 2039

Classification

  • Technology area (CPC H)Electricity
  • CPC primaryH04L2209/56
  • WIPO fieldIT methods for management
  • WIPO sectorElectrical engineering

Abstract

A computing system that includes processor(s), memory(s) and a network interface that communicates with a customer device and a trusted third party. The at least one network interface is configured to receive, from the customer device, identity data for a customer and a request to restore a customer wallet. The at least one processor is configured to verify the identity data for the customer received from the customer device. When the at least one processor verifies the identity data for the customer received from the customer device, the at least one network interface is configured to communicate a request for a first key associated with the customer wallet to a key repository for the trusted third party. The at least one processor is configured to restore the customer wallet using the first key associated with the customer wallet and a second key associated with the customer wallet.

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