IP Library Granted Patent US 11,605,071
Granted Patent B2
US 11,605,071 · App. 16/856,017 · Granted Mar 14, 2023

Autonomous exchange via entrusted ledger key management

Inventors: Benedict Ow (Las Vegas, NV); Richard Stiles (Las Vegas, NV); Anthony Tan (Las Vegas, NV)
Assignee: Duvon Corporation
G06Q20/3829H04L9/0643H04L9/3213H04L9/50H04L2209/56
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Quick Facts
Patent No.
US 11,605,071
App. No.
16/856,017
Granted
Mar 14, 2023
Kind
B2
Abstract

An Autonomous Exchange via Entrusted Ledger (AXEL) blockchain enables users to perform transactions in private while enabling the transaction records thereof to be verified by other network users without publicly divulging the contents or details of the transaction records. Internal addressing provides for separation of control within the wallet by making a portion of the wallet inaccessible to the blockchain, allowing increased security for tokens being managed by the wallet. The ability to configure restrictions placed on sending and receiving wallet addresses, and to create multiple public keys, provide further security measures.

Claims (32)

1. A computing device for providing a digital wallet for securing one or more tokens of a blockchain comprising one or more nodes, the system comprising:

one or more communication interfaces that receive the one or more tokens from the one or more nodes of the blockchain at one or more external addresses as the result of one or more first transactions; and

a non-transitory storage medium storing instructions that, when executed, cause one or more processors to:

associate the one or more tokens with one or more internal addresses after the blockchain confirms the one or more first transactions, wherein the one or more internal addresses are inaccessible outside the computing device; and

associate the one or more tokens with the one or more external addresses to execute one or more second transactions of the one or more tokens on the blockchain;

wherein the one or more external addresses only complete transactions with a particular external address of another digital wallet.

2. The computing device for providing a digital wallet of claim 1 , wherein the one or more external addresses limit the quantity of tokens that can be transacted.

3. The computing device for providing a digital wallet of claim 1 , wherein the one or more external addresses are inactivated after the one or more first transactions are completed.

4. The computing device for providing a digital wallet of claim 1 , wherein the one or more external addresses are inactivated after a predefined number of the one or more first transactions are completed.

5. The computing device for providing a digital wallet of claim 1 , wherein the one or more external addresses are inactivated after a predefined period of time.

6. The computing device for providing a digital wallet of claim 1 , wherein the one or more external addresses are inactivated after the one or more second transactions are completed.

7. A computing device for providing a digital wallet for securing one or more tokens of a blockchain comprising one or more nodes, the system comprising:

one or more communication interfaces that receive the one or more tokens from the one or more nodes of the blockchain at one or more first external addresses as the result of one or more first transactions; and

a non-transitory storage medium storing instructions that, when executed, cause one or more processors to:

associate the one or more tokens with one or more internal addresses after the blockchain confirms the one or more first transactions, wherein the one or more internal addresses are inaccessible outside the computing device; and

associate the one or more tokens with one or more second external addresses to execute one or more second transactions of the one or more tokens on the blockchain; wherein the one or more first external addresses and the one or more second external addresses are distinct;

wherein the one or more first external addresses and the one or more second external addresses only complete transactions with a particular external address of another digital wallet.

8. The computing device for providing a digital wallet of claim 7 , wherein the one or more first external addresses, the one or more second external addresses, or both limit the quantity of tokens that can be transacted.

9. The computing device for providing a digital wallet of claim 7 , wherein the one or more first external addresses are inactivated after the one or more first transactions are completed.

10. The computing device for providing a digital wallet of claim 7 , wherein the one or more first external addresses are inactivated after a predefined number of the one or more first transactions are completed.

11. The computing device for providing a digital wallet of claim 7 , wherein the one or more first external addresses, the one or more second addresses, or both are inactivated after a predefined period of time.

12. The computing device for providing a digital wallet of claim 7 , wherein the one or more second external addresses are inactivated after the one or more second transactions are completed.

13. A non-transitory storage medium comprising instructions that, when executed, cause one or more processors of a digital wallet device for securing one or more tokens of a blockchain to:

receive the one or more tokens at one or more first external addresses as the result of one or more first transactions;

associate the one or more tokens with one or more internal addresses after the one or more first transactions are confirmed by the blockchain, wherein the one or more internal addresses are inaccessible outside the digital wallet device; and

associate the one or more tokens with the one or more second external addresses to execute one or more second transactions on the blockchain;

wherein the one or more first external addresses and the one or more second external addresses are distinct;

wherein the one or more first external addresses and the one or more second external addresses only complete transactions with a particular external address of another digital wallet.

14. The non-transitory storage medium of claim 13 , wherein the instructions, when executed, cause the one or more processors to inactivate the one or more first external addresses after the one or more first transactions are completed.

15. The non-transitory storage medium of claim 13 , wherein the instructions, when executed, cause the one or more processors to inactivate the one or more first external addresses after a predefined number of the one or more first transactions are completed.

16. The non-transitory storage medium of claim 13 , wherein the instructions, when executed, cause the one or more processors to inactivate the one or more first external addresses, the one or more second addresses, or both after a predefined period of time.

17. The non-transitory storage medium of claim 13 , wherein the instructions, when executed, cause the one or more processors to inactivate the one or more second external addresses after the one or more second transactions are completed.

Assignments (1)
ASSIGNMENT OF ASSIGNOR'S INTEREST Recorded Aug 28, 2022
From: OW, BENEDICT; STILES, RICHARD; TAN, ANTHONY
To: DUVON CORPORATION
Reel/Frame 060920/0233 →
Continuity (5)
Continuation In Part 16438299 · Jun 11, 2019
Continuation In Part 16271694 · Feb 8, 2019
Continuation In Part 16035658 · Jul 15, 2018
Continuation In Part 15961521 · Apr 24, 2018
Related Publication 20200250667A1 · Aug 6, 2020