METHOD AND APPARATUS FOR AUTOMATED COMMITTED SETTLEMENT OF DIGITAL ASSETS
The present disclosure relates to a system for locking a digital asset. In one implementation, the system may include a first computer node that reads a private data store associated with the first computer node and/or reads a distributed ledger to confirm a digital asset is unlocked and can be tran...
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| creator | YEH, Charng-Ching VEPREK, Ratko Goran SJODIN, Johan MATHIESON, Kelly Anne SARANIECKI, Walter Eric |
| description | The present disclosure relates to a system for locking a digital asset. In one implementation, the system may include a first computer node that reads a private data store associated with the first computer node and/or reads a distributed ledger to confirm a digital asset is unlocked and can be transferred from the first computer node. The first computer node cryptographically signs and sends a proposed digital lock to a second computer node. When activated, the digital lock prevents transfer of the digital asset from the first computer node to another computer node that is not the second computer node. The first computer node also reads a distributed ledger to confirm the distributed ledger contains the digital lock in an activated state. The first computer node transfers the digital asset from the first computer node to the second computer node. |
| format | Patent |
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| language | eng ; fre ; ger |
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| subjects | CALCULATING COMPUTING COUNTING DATA PROCESSING SYSTEMS OR METHODS, SPECIALLY ADAPTED FORADMINISTRATIVE, COMMERCIAL, FINANCIAL, MANAGERIAL, SUPERVISORYOR FORECASTING PURPOSES ELECTRIC COMMUNICATION TECHNIQUE ELECTRICITY PHYSICS SYSTEMS OR METHODS SPECIALLY ADAPTED FOR ADMINISTRATIVE,COMMERCIAL, FINANCIAL, MANAGERIAL, SUPERVISORY OR FORECASTINGPURPOSES, NOT OTHERWISE PROVIDED FOR TRANSMISSION OF DIGITAL INFORMATION, e.g. TELEGRAPHICCOMMUNICATION |
| title | METHOD AND APPARATUS FOR AUTOMATED COMMITTED SETTLEMENT OF DIGITAL ASSETS |
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