Multi-approval system using M of N keys to generate a transaction address
US11429959B2 · kind B2 · utility
Assignee
Inventors
Key dates
| Filing date | Jan 17, 2019 |
| Grant date | Aug 30, 2022 |
| Priority date | — |
| Expiry date | Feb 28, 2039 |
Classification
- Technology area (CPC H)Electricity
- CPC primaryH04L2209/56
- WIPO fieldIT methods for management
- WIPO sectorElectrical engineering
Abstract
A computing system that includes at least one processor and at least one memory communicatively coupled to the at least one processor is disclosed. The computing system also includes at least one network interface communicatively coupled to the at least one processor and configured to communicate with a customer device and a trusted third party. The at least one processor is configured to derive, using a hashing function, a multi-approval transaction address in a customer wallet from a first public key derived from a first parent public key, a second public key derived from a second parent public key, and a third public key derived from a third parent public key. The at least one network interface is also configured to transmit the multi-approval transaction address to the customer device.
Source: USPTO / EPO open patent data. Objective bibliographic and citation counts.