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US Patent 11509484 Security settlement using group signatures

Patent 11509484 was granted and assigned to Wells Fargo on November, 2022 by the United States Patent and Trademark Office.

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Is a
Patent
Patent
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Patent attributes

Patent Applicant
Wells Fargo
Wells Fargo
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Current Assignee
Wells Fargo
Wells Fargo
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Patent Jurisdiction
United States Patent and Trademark Office
United States Patent and Trademark Office
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Patent Number
115094840
Patent Inventor Names
Phillip H. Griffin0
Date of Patent
November 22, 2022
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Patent Application Number
167196820
Date Filed
December 18, 2019
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Patent Citations
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US Patent 10225258 Anonymously sharing resources based on social network user data
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US Patent 10033702 Systems and methods of secure data exchange
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US Patent 10326602 Group signatures with probabilistic revocation
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Patent Citations Received
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US Patent 12028464 Electronic system for generating and tracking linked electronic digital certificates
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US Patent 12003651 Electronic system for divergent distribution of electronic digital certificates
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US Patent 12028465 Electronic system for convergent distribution of electronic digital certificates
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Patent Primary Examiner
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Kristine L Kincaid
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CPC Code
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H04L 9/3255
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H04L 9/3268
0

Systems and methods relating to settlement of securities without revealing ownership including the end owner are described. In some implementations, ownership or control of a security may be managed by using group membership technology to revoke the signing rights of the seller and adding signing rights to the buyer. Group membership with group signatures allow for one group public key and a plurality of private keys, where each private key is associated with a group member. Signatures create by different group members are indistinguishable to verifiers but a group manager is able to determine which member has signed, link member signatures, implement controls and/or limits, and revoke and add signatory capability when needed. In some implementations, revocation of signatory capability is done with the cooperation of a Digital Certificate Authority.

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