Invention Grant
- Patent Title: Cryptoasset custodial system with custom logic
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Application No.: US16568725Application Date: 2019-09-12
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Publication No.: US11494763B2Publication Date: 2022-11-08
- Inventor: Diogo Monica , Nathan P. McCauley , Boaz Avital , Riyaz D. Faizullabhoy
- Applicant: Anchor Labs, Inc.
- Applicant Address: US CA San Francisco
- Assignee: Anchor Labs, Inc.
- Current Assignee: Anchor Labs, Inc.
- Current Assignee Address: US CA San Francisco
- Agency: Bookoff McAndrews, PLLC
- Main IPC: G06Q20/38
- IPC: G06Q20/38 ; G06Q20/36 ; H04L9/06 ; H04L9/08

Abstract:
Methods and systems including: receiving a request to take an action in a cryptoasset custodial system for an account holder; authenticating a policy map associated with the action, wherein the policy map defines access control rules governing which actions are allowed under conditions including a threshold number of endorsements needed; and validating endorsement messages for the action by checking digital signatures of the received endorsement messages, wherein at least one of the validated endorsement messages has been generated by digital signing with a first private key of a person, who is associated with the account holder, and at least one of the validated endorsement messages has been generated by digital signing with a second private key of a program, which is associated with the account holder, responsive to the program confirming one or more circumstances specified by the account holder are met at a time when the program is run.
Public/Granted literature
- US20210056548A1 CRYPTOASSET CUSTODIAL SYSTEM WITH CUSTOM LOGIC Public/Granted day:2021-02-25
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