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US Patent 11757627 Cryptoasset custodial system with proof-of-stake blockchain support

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Is a
Patent
Patent

Patent attributes

Patent Jurisdiction
United States Patent and Trademark Office
United States Patent and Trademark Office
Patent Number
11757627
Patent Inventor Names
Nathan P. McCauley
Diogo Monica
Riyaz D. Faizullabhoy
Boaz Avital
Date of Patent
September 12, 2023
Patent Application Number
17715327
Date Filed
April 7, 2022
Patent Citations
‌
US Patent 10068228 Systems and methods for storing digital math-based assets using a secure portal
‌
US Patent 10325088 Method and system for information authentication
‌
US Patent 10360191 Establishing overlay trust consensus for blockchain trust validation system
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US Patent 10362032 Providing devices as a service
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US Patent 10373158 System, method and program product for modifying a supply of stable value digital asset tokens
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US Patent 10439811 Method for securing a private key on a mobile device
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US Patent 11030280 Hardware based identities for software modules
‌
US Patent 11354629 Controlling initiation of a blockchain election using a burn quota
...
Patent Primary Examiner
‌
Neha Patel

Methods and systems for secure storage and retrieval of information, such as private keys, useable to control access to a blockchain, include: receiving, in a cryptoasset custodial system, a request to authorize a staking operation associated with a blockchain, wherein the staking operation is associated with a private key of an asymmetric cryptographic key pair, the private key is usable to control ownership of a cryptoasset recorded in the blockchain, and the private key is securely held in the custodial system; performing, in response to the request, a portion of the proof-of-stake protocol in a hardware security module using logic designed for the protocol, wherein the logic in the hardware security module is configured to authorize the staking operation by digitally signing an associated staking transaction; and sending the digitally signed staking transaction to another computer to effect the staking operation on behalf of the user.

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