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20250217793. System Method (THE BANK OF NEW YORK MELLON)

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SYSTEM AND METHOD FOR PROVIDING MULTIPLE-SECRET SIGNING

Abstract: systems and methods for providing multiple-secret signing receive, by a wallet service, an instruction to initiate a transaction; request, by the wallet service, an address from an address service; generate, by the address service, a secret derivation path; encrypt, by the address service, the secret derivation path with a first public key of a signing service, in which the address is transmitted to the wallet service with the encrypted secret derivation path; retrieve by the wallet service, transaction information for the address; receive, by the signing service, the instruction, the transaction information, and the address with the encrypted secret derivation path; decrypt, by the signing service, the secret derivation path, using a first private key of the signing service; derive, by the signing service, a second private key, using the decrypted secret derivation path; and sign, by the signing service, the transaction using the derived second private key.

Inventor(s): James PECORARO

CPC Classification: G06Q20/3674 ({involving authentication})

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