IComply Investor Services Inc. (20250062916). SYSTEM AND METHOD FOR OFF-CHAIN CRYPTOGRAPHIC TRANSACTION VERIFICATION
SYSTEM AND METHOD FOR OFF-CHAIN CRYPTOGRAPHIC TRANSACTION VERIFICATION
Organization Name
iComply Investor Services Inc.
Inventor(s)
Matthew Unger of Vancouver (CA)
Matej Masiar of Vancouver (CA)
SYSTEM AND METHOD FOR OFF-CHAIN CRYPTOGRAPHIC TRANSACTION VERIFICATION
This abstract first appeared for US patent application 20250062916 titled 'SYSTEM AND METHOD FOR OFF-CHAIN CRYPTOGRAPHIC TRANSACTION VERIFICATION
Original Abstract Submitted
systems and methods for off-chain verification of cryptographic transactions are disclosed. the system receives a first transaction from a first blockchain, wherein the first transaction is associated with a first address of a first user device and receives a notification of an analysis of a whitelist status for the first transaction. the system performs a first off-chain check on the first transaction to determine validity of the first transaction and if the first off-chain check fails, determines whether a second off-chain check is required. if the second off-chain check is required the system performs the second off-chain check and if the second off-chain check fails, determines whether a supervised check is required. if the supervised check is required, the system sends transaction parameters of the first transaction to a second user device and submits transaction details to the first blockchain if an approval is received from the supervisor user device.