Looking for breakthrough ideas for innovation challenges? Try Patsnap Eureka!

Methods and systems for using digital signatures to create trusted digital asset transfers

A technology of digital assets and digital signatures, applied in the field, can solve the problems of increased time, low cost, insecurity, etc.

Active Publication Date: 2018-09-28
VISA INT SERVICE ASSOC
View PDF10 Cites 32 Cited by
  • Summary
  • Abstract
  • Description
  • Claims
  • Application Information

AI Technical Summary

Problems solved by technology

Each additional link in the correspondent banking chain adds time, uncertainty, insecurity, cost and introduces inefficiencies
Also, it is difficult to change the system because the entire system can be changed simply by renegotiating each specific correspondent agreement

Method used

the structure of the environmentally friendly knitted fabric provided by the present invention; figure 2 Flow chart of the yarn wrapping machine for environmentally friendly knitted fabrics and storage devices; image 3 Is the parameter map of the yarn covering machine
View more

Image

Smart Image Click on the blue labels to locate them in the text.
Viewing Examples
Smart Image
  • Methods and systems for using digital signatures to create trusted digital asset transfers
  • Methods and systems for using digital signatures to create trusted digital asset transfers
  • Methods and systems for using digital signatures to create trusted digital asset transfers

Examples

Experimental program
Comparison scheme
Effect test

Embodiment Construction

[0021] Embodiments of the invention relate to systems and methods for digital asset transfers. The asset transfer network can allow digital assets to be sent quickly and directly to recipients through a transparent process, regardless of the location and identity of the sender and recipient.

[0022] In some embodiments, the asset transfer network may be a general purpose network into which participating entities can directly register. The universal network may allow a sending financial institution to communicate with and provide value (eg, digital assets) directly to any receiving financial institution associated with the network. A digital asset can be a promise of value that can be settled at a later time. The common network may also allow each registered entity to be uniquely identified (eg, by assigning a unique identifier to each entity during the registration process).

[0023] In some embodiments, the asset transfer network may be a permissioned network that only all...

the structure of the environmentally friendly knitted fabric provided by the present invention; figure 2 Flow chart of the yarn wrapping machine for environmentally friendly knitted fabrics and storage devices; image 3 Is the parameter map of the yarn covering machine
Login to View More

PUM

No PUM Login to View More

Abstract

A method and system are provided for transferring digital assets in a digital asset network. Network users can be centrally enrolled and screened for compliance. Standardized transfer processes and unique identifiers can provide a transparent and direct transfer process. Digital assets can include sufficient information for ensuring that a value will be provided, including one or more digital signatures, such that value can be made immediately available to recipients.

Description

[0001] Cross References to Related Applications [0002] This application is an International Patent Application of and claims the benefit of the filing date of U.S. Patent Application No. 15 / 283,930, filed October 3, 2016, which claims U.S. Provisional Application No. 62, filed February 12, 2016 / 294,825, which is incorporated by reference in its entirety for all purposes. Background technique [0003] People (and organizations) often transfer value to others. This transfer of value is typically accomplished by providing value from an account of a sender at a first financial institution to an account of a recipient at a second financial institution. For example, the sender's account can decrement the value, and the receiver's account can increase the value. [0004] A decrease in the value of the sender's account results in a gain for the first financial institution (eg, due to a decrease in liabilities), while an increase in the receiver's account results in a loss (eg, d...

Claims

the structure of the environmentally friendly knitted fabric provided by the present invention; figure 2 Flow chart of the yarn wrapping machine for environmentally friendly knitted fabrics and storage devices; image 3 Is the parameter map of the yarn covering machine
Login to View More

Application Information

Patent Timeline
no application Login to View More
IPC IPC(8): G06Q20/38G06Q20/06
CPCG06Q20/3825G06Q20/3829G06Q20/38215H04L2209/56G06F21/64H04L9/085H04L9/3066H04L9/3236H04L9/3255H04L9/3297H04L9/3247H04W12/106H04L9/50G06Q20/065G06Q20/389H04W12/10
Inventor M·雅各布斯A·德卡达斯L·达尔多斯D·汉斯托克
Owner VISA INT SERVICE ASSOC
Who we serve
  • R&D Engineer
  • R&D Manager
  • IP Professional
Why Patsnap Eureka
  • Industry Leading Data Capabilities
  • Powerful AI technology
  • Patent DNA Extraction
Social media
Patsnap Eureka Blog
Learn More
PatSnap group products

Browse by: Latest US Patents, China's latest patents, Technical Efficacy Thesaurus, Application Domain, Technology Topic, Popular Technical Reports.

© 2024 PatSnap. All rights reserved.Legal|Privacy policy|Modern Slavery Act Transparency Statement|Sitemap|About US| Contact US: help@patsnap.com