Cryptocurrency-based event participation verification
US11270303B2 · kind B2 · utility
Assignee
Inventors
Key dates
| Filing date | May 20, 2016 |
| Grant date | Mar 8, 2022 |
| Priority date | — |
| Expiry date | Mar 7, 2038 |
Classification
- Technology area (CPC H)Electricity
- CPC primaryH04L9/50
- WIPO fieldIT methods for management
- WIPO sectorElectrical engineering
Abstract
A method of participation verification includes generating sets of cryptocurrency coins (coin sets). The coin sets have cryptocurrency coins and correlate to events for which participation is verified. The method includes generating user keys including unique public keys for each user and user secret keys. The method includes assigning a public key to a user, communicating the assigned public key to a user device and enabling download of a verification application. The method includes receiving a first coin request that includes identification of a first coin set, the assigned public key, and a data set. The method includes verifying user participation in an event based on the data set. The method includes executing a cryptocurrency transaction with the user device. The cryptocurrency transaction including public validation of a transfer of a cryptocurrency coin from the identified coin set to the user device via an append-only ledger.
Source: USPTO / EPO open patent data. Objective bibliographic and citation counts.