Unlock instant, AI-driven research and patent intelligence for your innovation.

Method and system for creating trusted digital asset transfers using digital signatures

A technology of digital assets and digital signatures, applied in the field, can solve problems such as difficulty in changing the system, increasing time, insecurity, etc.

Active Publication Date: 2022-06-24
VISA INT SERVICE ASSOC
View PDF10 Cites 0 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
  • Method and system for creating trusted digital asset transfers using digital signatures
  • Method and system for creating trusted digital asset transfers using digital signatures
  • Method and system for creating trusted digital asset transfers using digital signatures

Examples

Experimental program
Comparison scheme
Effect test

Embodiment Construction

[0021] Embodiments of the present invention relate to systems and methods for digital asset transfer. An asset transfer network can allow digital assets to be quickly and directly sent 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 network to which participating entities may register directly. A general network may allow a sending financial institution to communicate with any receiving financial institution associated with the network and provide value (eg, digital assets) directly to any receiving financial institution. A digital asset can be a promise of value that can be settled at a later time. The generic 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 licen...

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

The present invention provides methods and systems for transferring digital assets in a digital asset network. Network users can be centrally registered and screened for compliance. A standardized transfer process and unique identifiers provide a transparent and straightforward transfer process. A digital asset may include sufficient information to ensure that value will be provided, including one or more digital signatures, such that the value is immediately available to the recipient.

Description

[0001] CROSS-REFERENCE TO RELATED APPLICATIONS [0002] This application is and claims the benefit of the filing date of US Patent Application No. 15 / 283,930, filed October 3, 2016, which claims the benefit of US Provisional Application No. 62, filed February 12, 2016 / 294,825, the entire contents of which are incorporated herein by reference 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 the sender's account at the first financial institution to the recipient's account at the second financial institution. For example, the sender's account can decrease the value, and the receiver's account can increase the value. [0004] A decrease in the sender's account value results in a gain for the first financial institution (eg, due to a decrease in liabilities), while an increase in the recipient's account results in a loss (eg, due to an increase in ...

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
Patent Type & Authority Patents(China)
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