SYSTEM AND METHOD FOR SECURING CRYPTO-ASSET TRANSACTIONS

A system and method for securing crypto-asset transactions. The method includes sharding a wallet private key such that each shard of the wallet private key is distributed to a different secure module; generating signatures by each of the different secure modules based on a respective shard of the s...

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Bibliographische Detailangaben
Hauptverfasser:	BERENGOLTZ, Pavel, OFRAT, Idan, SHAULOV, Michael
Format:	Patent
Sprache:	eng
Schlagworte:	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
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Beschreibung
Zusammenfassung:	A system and method for securing crypto-asset transactions. The method includes sharding a wallet private key such that each shard of the wallet private key is distributed to a different secure module; generating signatures by each of the different secure modules based on a respective shard of the sharded wallet private key and obtained trading platform credentials; and verifying the crypto-asset transaction when a predetermined threshold of the generated signatures are determined to match each other.