Patent · US Active

Data analytic and security mechanism for implementing a hot wallet service

US9672499B2 · kind B2 · utility

115Cited by
0References
17Claims
0Family size

Assignee

Inventors

Key dates

Filing dateApr 18, 2014
Grant dateJun 6, 2017
Priority date
Expiry dateOct 28, 2035

Classification

  • Technology area (CPC G)Physics
  • CPC primaryG06Q20/3829
  • WIPO fieldIT methods for management
  • WIPO sectorElectrical engineering

Abstract

Some embodiments include a hot wallet service system including: a manager server configured to receive a cryptocurrency transaction request identifying at least a hot wallet accountholder identifier and to determine a first set of authentication servers to authenticate the cryptocurrency transaction request; the authentication servers, each configured to independently authenticate the cryptocurrency transaction request by verifying a requester of the cryptocurrency transaction request against an accountholder profile associated with the hot wallet accountholder identifier; wherein the authentication servers are configured to approve, independently from each other, the cryptocurrency transaction request by cryptographically signing approval messages to send to an aggregation server using respective private authentication keys stored respectively in the authentication servers when the requester is verified; and the aggregation server configured to aggregate cryptographic signatures of the cryptocurrency transaction request from the authentication servers to publish the cryptocurrency transaction request into a cryptocurrency network.

Source: USPTO / EPO open patent data. Objective bibliographic and citation counts.