Verifying transaction address is whitelisted before allowing transfer to transaction address of self-regulating token requiring whitelisted transaction address to withdraw self-regulating token
US12099996B2 · kind B2 · utility
Assignee
Inventors
Key dates
| Filing date | Aug 9, 2019 |
| Grant date | Sep 24, 2024 |
| Priority date | — |
| Expiry date | Oct 26, 2040 |
Classification
- Technology area (CPC H)Electricity
- CPC primaryH04L2209/56
- WIPO fieldDigital communication
- WIPO sectorElectrical engineering
Abstract
In an example, a system comprises at least one processor, at least one memory communicatively coupled to the processor, and at least one network interface communicatively coupled to the processor. The processor is configured to: receive an intent to purchase a token into a transaction address from a remote computing device; receive signed data, signed by a private key, from the computing device; receive at least one of the transaction address or public key associated with the transaction address from the computing device; verify that the transaction address or the public key is associated with the private key; verify that the transaction address or the public key is whitelisted to purchase the token; and allow purchase of the token into the transaction address when the target transaction address or the public key is both: (1) associated with the private key and (2) whitelisted to purchase the token.
Source: USPTO / EPO open patent data. Objective bibliographic and citation counts.