Hello SHAmans, good news!
We just received a Notice of Allowance for 34 claims within our U.S. patent filing!
‘Methods and Systems For Cryptographic Private Key Management For Secure Multiparty Storage And Transfer Of Information’
We have been awarded a U.S. patent to protect our solutions, internationally. Below is the official correspondence received by our foundation. Now we have patented FinTech in both the European Union 🇪🇺 and the United States 🇺🇸 jurisdictions!
The China patent is still pending, but the intellectual property remains protected until granted.
Hong Kong will be next on our targeted patent list. 🇨🇳🇭🇰
Details of the patent
Cryptographic key management systems configured to provide key management services for the secure and decentralized control and storage of private cryptographic keys and other information. Asset private keys, seeds, passphrases, and other digitized information may be split into a plurality of subkeys and distributed to a group of people to allow the group to gain control of the asset private key if and when a specified condition has occurred. In some examples, the group of people receive less than a threshold number of the subkeys required to restore the asset private key and one or more of the subkeys required to restore the asset private key are defined as validator subkeys, the validator subkeys separately and securely stored. In some examples, the validator subkeys are encrypted and the encrypted validator subkeys stored on a blockchain platform.Back to news