Patents
Literature
Patsnap Eureka AI that helps you search prior art, draft patents, and assess FTO risks, powered by patent and scientific literature data.

420 results about "Cryptocurrency" patented technology

A cryptocurrency (or crypto currency) is a digital asset designed to work as a medium of exchange that uses strong cryptography to secure financial transactions, control the creation of additional units, and verify the transfer of assets. Cryptocurrencies use decentralized control as opposed to centralized digital currency and central banking systems.

Online social wager-based gaming system featuring dynamic cross-provider game filtering, persistent cross-provider voice-interactive group play, automated multi-seat group game reservation, and distributed ledger bet verification

An online social wager-based gaming system is disclosed, featuring dynamic cross-provider game filtering and persistent cross-provider voice-interactive group play. The system allows for automated multi-seat group game reservations and incorporates a distributed ledger for bet verification. Features include a Group Connect module for dynamic group formation and live audio across various game providers, enabling real-time play. A Professional Companion Connect module facilitates live webcam or microphone gambling sessions with professional companions, under contractual agreements. The User Games module enhances personalization by integrating user-uploaded images into the gaming environment. A cryptocurrency / blockchain-based bet tracking system ensures transparency and security in managing bet transactions through a controlled digital wallet system. This integrated platform aims to provide a cohesive, interactive, and personalized online casino experience, addressing limitations of traditional solitary online gaming by fostering social connections and enhancing user trust and engagement.
Owner:NOWAK DANIEL PATRYK

Method and system for artificial intelligence based cryptocurrency regulatory analysis

The present invention discloses a method and system for artificial intelligence-based cryptocurrency regulatory analysis capable of performing automated, adaptive, and verifiable compliance evaluation across multiple blockchain ecosystems. The invention integrates blockchain data acquisition, data normalization, graph-based behavioral modeling, artificial intelligence inference, and cryptographically anchored reporting within a unified architecture. The system comprises a blockchain data acquisition unit for retrieving multi-chain transaction data, a data normalization unit for harmonizing heterogeneous blockchain formats, a graph construction unit for generating dynamic transaction graphs, a regulatory knowledge base unit storing jurisdiction-specific regulatory rule graphs, an artificial intelligence processor configured for hybrid neural and symbolic reasoning, and a regulatory reporting unit for generating explainable compliance reports cryptographically anchored to a blockchain ledger.
Owner:VAYYASI NAVEEN KUMAR

Smart contract-facilitated minting and management of multi-asset backed tokens

A tokenization system / platform / method for minting asset-class backed tokens on a distributed ledger is described herein. A tokenization system / platform receives a token configuration indicating multiple revenue-generating assets of different types and a minting party. The platform configures smart contracts to manage revenue associated with revenue-generating assets, including a first function to mint asset-class backed tokens backed by the plurality of assets and a second function to computationally apportion and distribute revenue among blockchain addresses of token owners. After deploying the configured smart contracts on the distributed ledger, the platform initiates blockchain transactions to invoke the smart contract functions, including a first transaction that mints tokens and assigns them to purchasing users' blockchain addresses, and one or more second transactions that distribute cryptocurrency corresponding to revenue among token owners. The system / platform / method may provide for fractional ownership and management of different types of revenue-generating assets and / or portfolios of revenue-generating assets.
Owner:STRONG FORCE TX PORTFOLIO 2018 LLC

Cryptocurrency hardware wallet on monolithic chip with common physical countermeasures and secure memory

An electronic hardware wallet for conducting cryptocurrency transactions, blockchain transactions, or other secure communications is embodied on a monolithic integrated circuit (IC) die supported on a single substrate. The monolithic semiconductor device can include a non-volatile data store for storing application software executable by the multi-core processor, and the secure element can include a secure data store for storing secret data (e.g., a private key) for use in a secure electronic transaction. In some embodiments, the secure element can include hardware logic embodying a cryptocurrency algorithm associated with executing the secure electronic transaction and can have a limited and selective communication bus between the secure element and the multi-core processor. The electronic hardware wallet can communicatively couple with one or more other devices to facilitate a multi-party computation (MPC) algorithm for authenticating the cryptocurrency algorithm and validating the secure electronic transaction.
Owner:CROSSBAR INC

Backup and recovery system and methods for cryptocurrency hardware wallet

Backup and recovery of multi-party computation (MPC) security data utilized to secure digital assets and transactions thereof can enhance user confidence and user experience in digital asset transactions. Example MPC security data can include cryptographic keys and key shares utilized with a N×M MPC signature and validation framework. A computing device participating in generation of MPC secure data can retain a segment of the MPC secure data and can encrypt and store an encrypted segment at a second device. A recovery service or recovery application at the second device can facilitate recovery of the MPC secure data segment at the computing device, or at an additional device not involved in generation of the MPC secure data. The recovery service or application can facilitate recovery of the MPC secure data segment even in the event the computing device is lost.
Owner:CROSSBAR INC

Computer-implemented methods and systems for improved communications across a blockchain network

The invention resides in a computer-implemented communication method. The method comprises a mechanism for distributing blockchain and / or cryptocurrency-related communications such as alerts, notifications and updates across an electronic network to one or more recipients as efficiently and swiftly as possible. Embodiments may use IPv6 multicast to perform such improved communications. A communication can comprise a code, flag or filter which enables the communication to be targeted at particular recipient(s) and allow multicast group members that have no interest or authorised access to the contents of the communication to ignore it. Thus, improvements are provided in respect of processing resources and time. In some examples, the disclosure can be advantageous for the implementation of a blockchain-related alert key or system which can aid in network responses to emergencies or threats, thus improving the security of the blockchain network.
Owner:NCHAIN LICENSING AG

AI-driven digital economic supply chain optimization method

The invention discloses an AI-driven digital economic supply chain optimization method. According to the invention, a novel supply chain system with active pre-judgment and dynamic adaptation is constructed. The core breakthrough of the method is that passive risk management is converted into a opportunity creation mechanism, and traditional supply chain decision logic is remodeled by relying on a virtual-real symbiotic intelligent deduction system. The generative adversarial network simulates compound crisis scenes such as geographical conflicts and digital asset transactions in real time, and a quantum optimization algorithm and Monte Carlo tree search are combined, so that the system not only can predict a conduction path of global chip shortage to a production line, but also can generate breakthrough solutions such as cross-chain encryption settlement and redundant node resource securitization. The pre-judgment type deduction mechanism, block chain dynamic scheduling and metabolic resource configuration form a closed loop, and in response to encrypted currency flash collapse, a decentralized payment channel can be automatically switched to avoid risks, a digital asset arbitrage window can be captured through an intelligent contract, and co-evolution of risk resolution and value increment is realized.
Owner:CENT SOUTH UNIV

Systems and methods for blockchain-based financial transactions and trade management

Systems and methods for computer-implemented commodity transactions using blockchain-based smart contracts. A server with memory executes application to authenticate buyer and seller, receive listing with commodity identifier, quantity, quality, delivery terms, price; generate smart contract specifying participant identifiers, wallet or banking info, order and contract IDs, milestone events, settlement terms; commit contract to blockchain; escrow funds associated with contract; obtain shipment, inspection, and delivery status via oracle; verify milestone satisfaction; release escrowed funds accordingly; record settlement on chain; and update database. Modules may include compliance to compute taxes and fees, identity to perform KYC / AML, and dispute resolver to execute predefined remedies. Optional multisignature escrow and fiat or crypto settlement are supported. Executions store hashes and ledger indices to provide tamper evident audit trails.
Owner:TRADENETRIX INC

Systems and methods for individual potential tokenization and exchange

The present invention is directed to a distributed ledger-based platform for buying and selling tokens representative of a person's value creation potential. Tokens represent both intrinsic and talent-based value creation potential. In one embodiment, a productivity identity is associated with a user account of the platform based on attributes attributing to the user's value creation potential by at least one non-fungible token (NFT) which links the productivity identifier to a user account's cryptocurrency wallet. In one embodiment, user accounts of the platform are further placed into a decentralized autonomous organization (DAO).
Owner:QUIDDITY SYSTEMS INC

Automated channel management for a second-layer payment protocol network via discrete optimization and simulation

A method for managing channels including, by a computing device, receiving a join request from a user corresponding to a request to establish one or more channels with respective user nodes of a plurality of user nodes in a second-layer payment protocol network configured to process transactions between users associated with a cryptocurrency network, obtaining information about the second-layer payment protocol network that indicates channels established between the plurality of user nodes and at least one of balances associated with the plurality of user nodes in the second-layer payment protocol network or balances associated with channels between two or more of the plurality of user nodes, simulating, based on the information obtained about the second-layer payment protocol network, a plurality of transactions between selected user nodes of the plurality of user nodes to obtain transaction simulation results that include at least reliability scores associated with the plurality of user nodes, identifying one or more recommended user nodes based on the transaction simulation results and the information obtained about the second-layer payment protocol network, and providing, to the user, an output indicating the one or more recommended user nodes.
Owner:STILLMARK MANAGEMENT LLC

Gaming systems with blockchain jackpots

A blockchain system comprising a plurality of electronic gaming devices configured to perform proof of work computations and a processor configured to: collect transaction data from a blockchain; create a block body that includes the transaction data; transmit a message to a set of electronic gaming devices that includes the block body; receive, from a first electronic gaming device, a success message that includes at least a nonce string; create a new block for the blockchain that includes at least the block body and the nonce string; transmit the new block into the blockchain, thereby causing the new block to be added to the blockchain; identify a mining reward on the blockchain based on the adding of the new block, the mining reward being in a first value of cryptocurrency supported by the blockchain; and increment a progressive jackpot by the first value, the progressive jackpot being provided in the cryptocurrency.
Owner:ARISTOCRAT TECHNOLOGIES INC

Cryptocurrency artifact detection for recovering cryptocurrency assets

Automatically searching for cryptocurrency artifacts to recover cryptocurrency assets. Digital data suspected to contain unknown cryptocurrency artifacts may be searched to detect candidate seed phrases, each comprising a permutation of words from a single predetermined seed phrase library consecutively listed in a sequence having a fixed length predetermined according to a cryptocurrency standard. A multi-pass seed phrase validation test may be executed for each candidate seed phrase to determine if it is a valid seed phrase by: executing a first pass comprising verifying a checksum of the candidate seed phrase, and upon verifying the first pass, executing a second pass comprising verifying in a blockchain if there has been activity using a cryptocurrency asset encrypted using a public key in a key pair recovered from the candidate seed phrase. Upon verifying the valid seed phrase, cryptocurrency assets may be recovered using a private key in the key pair.
Owner:CAT LABS INC

A payment system that integrates crypto assets and fiat currencies

Conventional cryptocurrency payment systems are cumbersome due to the need for exchange with fiat currency, collaboration with institutions that provide asset exchange functions, and tax procedures, and transaction delays and high costs have been barriers to their widespread adoption. Another issue is the lack of an integrated payment system that can handle a variety of digital assets, such as NFTs and tokens. [Solution] This invention provides a system that integrates institutional collaboration and tax processing, providing settlement and asset exchange functions, and realizes real-time selection of optimal exchange rates, high-speed transaction processing, and automatic generation of tax data. Furthermore, it solves existing problems as an integrated platform that supports crypto assets, fiat currencies, and digital assets.
Owner:KASPA PAY CO LTD

Cross-chain cryptocurrency abstraction using cross-chain transfer protocol

Implementations are directed to cryptocurrency abstraction using a cross-chain transfer protocol (CCTP) between a source chain network and a destination chain network and can include receiving a user operation that indicates a paymaster and that includes an attestation, triggering, by the paymaster, minting of a number of tokens of a cryptocurrency on a destination chain, the number of tokens corresponding to a number of tokens of the cryptocurrency burned on a source chain attested to by the attestation, receiving, by the paymaster, the number of tokens of the cryptocurrency minted on the destination chain, and accounting, by the paymaster and using at least a portion of the number of tokens of the cryptocurrency, for computing resources expended on the destination chain to execute a transaction of the user operation.
Owner:CIRCLE INTERNET GRP INC

Systems and methods for managing cryptocurrency

A system for locally authenticating a transaction of digital financial assets, such as cryptocurrency. A first device may locally store financial assets in non- volatile memory of the first device. The first device may use the locally-stored financial assets to conduct a local transaction with a second device. The first device may generate a transaction settlement data token and exchange the token with the second device, wherein the transaction settlement data token includes information specific to the local transaction, a value associated with the local transaction, and encrypted personal information associated with the first device. After receiving a confirmation of transmission from the second device, the value associated with the local transaction may be debited from the locally-stored financial assets.
Owner:BLOCK INC

Permissionless cryptocurrency abstraction for transactions using non-native cryptocurrency

Implementations for account creation within chain networks include creating, by an account factory executed in a chain network, an account for a user within the chain network, the user providing an amount of non-native cryptocurrency to the paymaster to account for a transaction fee for creation of the account in a native cryptocurrency provided from a centralized source of native cryptocurrency, determining, by the paymaster, a maximum transaction fee for creation of the account, the maximum transaction fee being provided in a non-native cryptocurrency, transferring, by the paymaster, the maximum transaction fee from a source of non-native cryptocurrency to the paymaster, after creation of the account, determining, by the paymaster, a total cost of the in the non-native cryptocurrency, and transferring a refund amount from the paymaster to the account based on the total cost, the refund amount being in the non-native cryptocurrency.
Owner:CIRCLE INTERNET FINANCIAL LTD +5

System and method for transaction settlement

Cryptocurrencies may be used within the current Four Party Model to settle transactions between a merchant and a consumer who may use or accept fiat and / or cryptocurrency. An intermediary wallet entity may assume the risk of cryptocurrency transactions. For example, a fiat-fiat transaction may follow the usual settlement process of the Four Party Model. In a crypto-crypto transaction, settlement may occur in real time. But in a fiat merchant / crypto customer transaction, settlement may be made from the customer's crypto wallet to an intermediary wallet. Fiat settlement would then occur between the intermediary and merchant following the Four Party Model. In a crypto merchant / fiat customer transaction, a transfer may be made from the intermediary wallet to the merchant's crypto wallet. Fiat settlement between the customer's bank (issuer) and intermediary can happen in the usual settlement process.
Owner:VISA INTERNATIONAL SERVICE ASSOCIATION

Facilitating cryptocurrency-based transactions with time constraint

Methods and systems are presented for providing a framework for facilitating time-sensitive cryptocurrency transactions for users. When a request for processing a time-sensitive cryptocurrency transaction using funds from a cryptocurrency wallet is received from a user, a transaction system first verifies whether the cryptocurrency wallet has a balance to cover the cryptocurrency transaction. The transaction system also verifies the ownership of the cryptocurrency wallet based on an asynchronous method. The user generates verification data without any input from the transaction system, and based on a private key associated with the cryptocurrency wallet, a generator function, and a user-generated value. Without knowing the user-generated value, the transaction system verifies the ownership of the cryptocurrency wallet based on the verification data, and processes the transaction for the user.
Owner:PAYPAL INC

Trusted signing service and sponsored paymaster for transaction fees in native cryptocurrency

Implementations are directed to receiving, by a trusted signing service that is executed in an off-chain network, a user operation, signing, by the trusted signing service, the user operation to provide a signed user operation, receiving, by a paymaster that is executed in a chain network, a call to verify, the call including at least a signature of the signed user operation, and in response to determining that the signature of the signed user operation is valid, providing, by the paymaster and to an entrypoint that is executed in the chain network, a response to the call indicating that the paymaster is verified, the user operation being executed in the chain network at least partially in response to determining that the signature of the signed user operation is valid.
Owner:CIRCLE INTERNET GRP INC

Computationally efficient transfer processing and auditing apparatuses, methods and systems

The Computationally Efficient Transfer Processing, Auditing, and Search Apparatuses, Methods and Systems (“SOCOACT”) transforms smart contract request, crypto currency deposit request, crypto collateral deposit request, crypto currency transfer request, crypto collateral transfer request inputs via SOCOACT components into transaction confirmation outputs. Also, SOCOACT transforms transaction record inputs via SOCOACT components into matrix and list tuple outputs for computationally efficient auditing. A blockchain transaction data auditing apparatus comprises a blockchain recordation component, a matrix Conversion component, and a bloom filter component. The blockchain recordation component receives a plurality of transaction records for each of a plurality of transactions, each transaction record comprising a source address, a destination address, a transaction amount and a timestamp of a transaction; the source address comprising a source wallet address corresponding to a source digital wallet, and the destination address comprising a destination wallet address corresponding to a destination virtual currency wallet; verifies that the transaction amount is available in the source virtual currency wallet; and when the transaction amount is available, cryptographically records the transaction in a blockchain comprising a plurality of hashes of transaction records. The Bloom Filter component receives the source address and the destination address, hashes the source address using a Bloom Filter to generate a source wallet address, and hashes the destination address using the Bloom Filter to generate a destination wallet address. The Matrix Conversion component adds the source wallet address as a first row and a column entry to a stored distance matrix representing the plurality of transactions, adds the destination wallet address as a second row and column entry to the stored distance matrix representing the plurality of transactions, adds the transaction amount and the timestamp as an entry to the row corresponding to the source wallet address and the column corresponding to the destination wallet address; and generate a list representation of the matrix, where each entry in the list comprises a tuple having the source wallet address, the destination wallet address, the transaction amount and the timestamp.
Owner:FMR CORP

Deep learning based method and system for detecting abnormal cryptocurrency transaction between computing devices in a blockchain network

The described technology relates to a deep learning based method and system for detecting abnormal cryptocurrency transaction between computing devices in a blockchain network. In once aspect, the method includes generating, at a server, a first data set, a second data set, and a third data set from the transactions of a user wallet address with at least one other user wallet address. The method may also include running a pre-learned deep learning module to extract a first feature vector, a second feature vector, and a third feature vector from the first data set, the second data set, and the third data set. The method may further include converting the first feature vector, the second feature vector, and the third feature vector into an intermediate value and comparing the intermediate value to a predetermined reference value to determine if a fraudulent transaction associated with the user wallet address has occurred.
Owner:DUNAMU INC +1

Electronic wallet system having method for splitting offline tokens with blockchain cryptocurrency access rights

A blockchain-based electronic wallet driving method of an electronic wallet system, of the present invention, comprises steps in which: a sender device transmits a coin from an encrypted coin account of a sender to a token manager of a management device through an Internet network; the management device performs a mining process, and then the token manager transmits a parent token to the sender device through the Internet network; the sender device generates at least one child token having parent token rights and having a value smaller than the value of the parent token; any one child token is transmitted from the sender device to a recipient device through a short-range wireless communication network; the recipient device transmits the child token to the token manager through the Internet network, and the token manager finds the parent token for the child token so as to delete the parent token from a blockchain and reallocate the rights to the child token; and the token manager mines for the child token, and then transmits the coin to an encrypted coin account of a recipient.
Owner:NSLAB CO LTD

Integrated cryptocurrency-based payment systems and methods

Approaches disclosed herein provide digital payment processing that integrates cryptocurrency transactions with traditional banking systems through the use of, for example, blockchain technology in a streamlined digital payment process. As an example, a digital payment processing system may integrate cryptocurrency with exchanges and banking systems via APIs. Such integration allows for the determination and use of real-time exchange rates, as well as almost immediate transfer of funds between cryptocurrency and fiat (traditional) or other such currency. By automating the exchange process and connecting directly to financial institutions for instant fiat settlement, such approaches can effectively avoid the usual delays of blockchain (or other distributed ledger-based) confirmations. Such a system may also utilize other technologies for facilitating a faster transaction process, such as off-chain solutions or layer-2 scaling solutions.
Owner:PDX GLOBAL PTE LTD

Policy-based blockchain transactions

Policy-based blockchain transactions include applying a policy-based framework to blockchain transactions, such as those involving the transfer or payment of cryptocurrency coins or tokens. In the various embodiments of the present disclosure, blockchain transactions that comply with one or more predefined policies will be approved for propagation or publication to a blockchain network, while cryptocurrency coin or token transactions that are not compliant will be rejected or prevented from propagating to the blockchain network.
Owner:GEMINI IP LLC

Management device of electronic commerce site

To enhance the convenience of a transaction participant in electronic commerce to be settled by using crypto assets.SOLUTION: A management device 1 of an electronic commerce according to the present invention includes an authentication management unit 111 for managing association among two or more authentications among a Web first authentication by a Web first authentication unit 112, a Web second authentication by a Web second authentication unit 113, and a Web third authentication related to a Web third authentication unit 114, and a settlement unit 116 for performing settlement using crypto assets stored in a crypto asset wallet related to the Web third authentication according to a command from an authenticated user being a user authenticated by the Web first authentication, the Web second authentication, and / or the Web third authentication.SELECTED DRAWING: Figure 1
Owner:SHIRUSHI INC

Systems And Methods For Decreasing Counterparty Settlement Risk

Apparatus, systems and methods improve efficiency in transacting a swap or other futures based financial instrument, by using time-weighted index averages to decrease counterparty settlement risk. In preferred embodiments related to Bitcoin and several other cryptocurrencies, the swaps are based upon a time-weighted index average (Dwa) of multiple instances of difficulty (Dx to Dy) of mining the cryptocurrency over multiple time periods (Px to Py) where both Ds and Ps are available from the decentralized public blockchain. Traders can use these time-weighted index averages in conjunction with the anticipated values of Ds and Ps for the remainder of the duration of the index, to calculate the index value at any given time.
Owner:MARA HOLDINGS INC

Phone case with integrated cold wallet

A phone case includes a cold wallet that holds various cryptocurrencies. A method provides for operation of a smartphone placed in the phone case to interact with the cold wallet. The cold wallet can be incorporated into a system that includes secure storage, a battery, and communications hardware. The system has robust security features, including features that require surface to surface proximity. For example, the system may use wireless charging, which only operates with a limited range. The phone case can use the wireless charging system to send and receive authentication signals from the smartphone. Based on the authentication signals the phone case can power up and connect the secure storage to the rest of the system, thereby only providing secured access to the keys in the cold wallet. After use, the system disconnects the secure storage and the powers down to cold wallet, protecting the private keys.
Owner:UNITED SERVICES AUTOMOBILE ASSOCIATION (USAA)

Universally accepted cryptocurrency settlement layer

A method includes initiating, by a payor computing device associated with a first jurisdiction, a payment of a desired amount to a payee computing device associated with a second jurisdiction. The method further includes receiving, by a cryptocurrency acceptance network computing device, a request to process the payment and placing a hold on collateral cryptocurrency. The method further includes sending, by the payor computing device, first cryptocurrency to the cryptocurrency acceptance network computing device, where the cryptocurrency acceptance network computing device sends the first cryptocurrency to a first cryptocurrency exchange device associated with the first jurisdiction to be converted to an amount of universally accepted cryptocurrency and sent to a second cryptocurrency exchange device associated with the second jurisdiction where the second cryptocurrency exchange device converts the amount of the universally accepted cryptocurrency to a desired currency and sends the amount of the desired currency to the payee computing device.
Owner:FLEXA INC

Derived implicit certificate

A client computer system implements a cryptocurrency wallet using derived cryptographic keys generated from an implicit certificate. The client computer system uses a root key pair that includes a root public key and a root private key to produce the implicit certificate. The implicit certificate is provided to other entities which generate derived public keys from the implicit certificate. In an embodiment, the client computer system encodes an identifier and additional information into the implicit certificate. In an embodiment, entities may derive one or more public keys from the implicit certificate, and the client computer system may derive corresponding private keys from the implicit certificate and the root key pair. In an embodiment, the client computer system generates a tree or derived key pairs that may be used to delegate portions of the cryptocurrency wallet to other computer systems.
Owner:AMAZON TECH INC