US 12,205,108 B2
Offline crypto asset custodian
Raymond James Cummings, Decatur, GA (US); Larry Scheinberg, New York, NY (US); Yamini Sagar, Alpharetta, GA (US); Joseph W. Albert, Brookhaven, GA (US); Mayur Kapani, Marietta, GA (US); and Charles Vice, Roswell, GA (US)
Assigned to Intercontinental Exchange Holdings, Inc., Atlanta, GA (US)
Filed by Intercontinental Exchange Holdings, Inc., Atlanta, GA (US)
Filed on May 16, 2024, as Appl. No. 18/666,252.
Application 18/666,252 is a continuation of application No. 16/278,788, filed on Feb. 19, 2019, granted, now 12,026,699.
Claims priority of provisional application 62/632,754, filed on Feb. 20, 2018.
Prior Publication US 2024/0303633 A1, Sep. 12, 2024
This patent is subject to a terminal disclaimer.
Int. Cl. G06Q 20/36 (2012.01); G06Q 20/02 (2012.01); G06Q 20/06 (2012.01); G06Q 20/38 (2012.01); G06Q 40/04 (2012.01)
CPC G06Q 20/3672 (2013.01) [G06Q 20/02 (2013.01); G06Q 20/0655 (2013.01); G06Q 20/3678 (2013.01); G06Q 20/389 (2013.01); G06Q 40/04 (2013.01); G06Q 2220/00 (2013.01)] 11 Claims
OG exemplary drawing
 
1. A private custodian system for secure digital asset transactions comprising:
a custodian computer configured to communicate with a first entity computer via a first dedicated interface coupled to a first communications network and communicate with a public ledger via a second dedicated interface coupled to a second communications network;
a storage device within the custodian computer that is inaccessible by the first communications network and the second communications network; and
a private centralized ledger, the private centralized ledger comprising a repository within the private custodian system that is accessible by the custodian computer but inaccessible by the first communications network and the second communications network;
the custodian computer configured to:
transfer, via the second dedicated interface, digital assets from an external public wallet associated with the first entity computer on the public ledger to a public custodian wallet within the private custodian system for temporary storage, the second dedicated interface configured to communicate with the public ledger only for a duration of the transfer,
transfer the digital assets from the public custodian wallet to a first digital asset account associated with the first entity computer for secure offline storage, the first digital asset account stored in the storage device,
receive transaction data from the first entity computer via the first dedicated interface, the transaction data being associated with the digital assets,
monitor at least one transaction parameter associated with the received transaction data,
generate a transfer instruction that remains within the private custodian system and isolated from the public ledger, the transfer instruction indicating a transfer of a first portion of the digital assets from the first digital asset account to a second digital asset account associated with a second entity computer, the second digital asset account stored in the storage device,
update the private centralized ledger, responsive to the transfer instruction, without communication to the public ledger, to indicate the transfer of the first portion of the digital assets, and
transfer the first portion of digital assets between the first digital asset account and the second digital asset account responsive to the transfer instruction.