US 12,443,947 B1
Hybrid control of digital asset private keys
Blake Love, Austin, TX (US); Tiago Soromenho, Austin, TX (US); and Michael (Mike) Love, Austin, TX (US)
Assigned to TrofiVentures LLC, Austin, TX (US)
Filed by Fintiv, Inc., Austin, TX (US)
Filed on Nov. 20, 2024, as Appl. No. 18/953,851.
Claims priority of provisional application 63/721,409, filed on Nov. 15, 2024.
Int. Cl. G06Q 20/38 (2012.01); G06Q 20/36 (2012.01); G06Q 20/40 (2012.01)
CPC G06Q 20/3829 (2013.01) [G06Q 20/367 (2013.01); G06Q 20/405 (2013.01)] 20 Claims
OG exemplary drawing
 
1. A method, comprising:
providing, using a set of one or more processors, a hosted digital wallet that mirrors at least a portion of data of a user digital wallet, the hosted digital wallet comprising first data indicative of a first portion of a private key;
associating, using the set of one or more processors, the hosted digital wallet with a smart contract storing second data indicative of at least a remainder of the private key that is not the first portion of the private key stored in the hosted digital wallet;
determining, using the set of one or more processors, that the user digital wallet is not compliant with one or more predetermined conditions specified via the smart contract;
obtaining, using the set of one or more processors, the second data indicative of at least the remainder of the private key from the smart contract; and
recovering, using the set of one or more processors, the private key using the first data and second data.