US 12,231,579 B2
Devices, systems, and methods for facilitating low trust and zero trust value transfers
Reginald Middleton, Brooklyn, NY (US); and Matthew Bogosian, Anacortes, WA (US)
Filed by Veritaseum, Inc., Brooklyn, NY (US)
Filed on Feb. 2, 2024, as Appl. No. 18/430,909.
Application 18/430,909 is a continuation of application No. 17/452,782, filed on Oct. 29, 2021, granted, now 11,895,246.
Application 17/452,782 is a continuation of application No. 15/309,612, granted, now 11,196,566, issued on Dec. 7, 2021, previously published as PCT/US2015/029196, filed on May 5, 2015.
Claims priority of provisional application 61/990,795, filed on May 9, 2014.
Prior Publication US 2024/0179011 A1, May 30, 2024
This patent is subject to a terminal disclaimer.
Int. Cl. H04L 9/32 (2006.01); G06Q 20/02 (2012.01); G06Q 20/06 (2012.01); G06Q 20/10 (2012.01); G06Q 40/02 (2023.01); H04L 9/00 (2022.01); H04L 9/40 (2022.01)
CPC H04L 9/3247 (2013.01) [G06Q 20/02 (2013.01); G06Q 20/065 (2013.01); G06Q 20/10 (2013.01); G06Q 40/02 (2013.01); H04L 9/40 (2022.05); H04L 9/50 (2022.05); H04L 2209/56 (2013.01)] 19 Claims
OG exemplary drawing
 
1. A system comprising:
at least one or more networked processing devices comprising:
memory for storing an asymmetric key pair, the asymmetric key pair comprising a private key and a public key;
a network interface for receiving terms, the terms comprising:
a principal data; and
a reference to at least a data source; and
at least a computer processor coupled to the memory and the network interface, the computer processor configured to:
read at least a portion of the private key from the memory;
compute a cryptographic signature from the at least a portion of the private key;
retrieve a first data from the data source;
create an inchoate data record comprising:
a commit input for receiving a commit data from a commit transaction;
one or more outputs obtained from the principal data; and
first information related to the first data from the data source; and
utilize the network interface to publish the inchoate data record and the cryptographic signature to a first client device;
wherein:
the first client device is configured to verify the first information;
the inchoate data record is configured to be signed by the first client device to obtain a complete data record for publishing to a transfer mechanism; and
the transfer mechanism comprises one or more networked computing devices implementing a unit of account, that is accessible via a computer network by the at least one or more networked processing devices and the first client device, and that enables processing transactions created by broadcasting complete data records for transmitting and receiving among network participants in the computer network for recording in a ledger.