Methods and systems for implementing zero- knowledge proofs in transferring partitioned tokens on distributed ledger-based networks
US12021991B2 · kind B2 · utility
Assignee
Inventors
Key dates
| Filing date | Aug 16, 2019 |
| Grant date | Jun 25, 2024 |
| Priority date | — |
| Expiry date | Jun 2, 2042 |
Classification
- Technology area (CPC H)Electricity
- CPC primaryH04L2209/56
- WIPO fieldDigital communication
- WIPO sectorElectrical engineering
Abstract
One or more embodiments described herein disclose methods and systems that are directed at providing enhanced privacy, efficiency, convenience and security to distributed ledger-based networks (DLNs) via the implementation of zero-knowledge proofs (ZKPs) in the DLNs. ZKPs allow participants of DLNs to make statements on the DLNs about some private information and to prove the truth of the information without having to necessarily reveal the private information publicly. As such, the disclosed methods and systems directed at the ZKP-enabled DLNs provide privacy, ease and efficiency to participants of the DLNs while still allowing the DLNs to remain as consensus-based networks.
Source: USPTO / EPO open patent data. Objective bibliographic and citation counts.