Method and system for mediated cross ledger stable coin atomic swaps using hashlocks
US12086802B2 · kind B2 · utility
Assignee
Inventors
Key dates
| Filing date | Jul 20, 2023 |
| Grant date | Sep 10, 2024 |
| Priority date | — |
| Expiry date | Jul 20, 2043 |
Classification
- Technology area (CPC H)Electricity
- CPC primaryH04L9/50
- WIPO fieldIT methods for management
- WIPO sectorElectrical engineering
Abstract
A method for mediating an atomic swap includes: receiving a swap request from a first computing device including a first address associated with a first blockchain and a network identifier associated with a second blockchain; identifying a second computing device using the network identifier and a second address associated with the second blockchain; generating a proof value and a hashlock using the proof value; transmitting (i) the hashlock and second address to the first computing device, and (ii) the hashlock and first address to the second computing device; verifying a first blockchain transaction on the first blockchain for transfer to the first address, and a second blockchain transaction on the second blockchain for transfer to the second address; and transmitting the proof value to blockchains node associated with the first and second blockchains.
Source: USPTO / EPO open patent data. Objective bibliographic and citation counts.