Coinbase, Inc. (20240303637). WALLET AS A SERVICE simplified abstract
Contents
WALLET AS A SERVICE
Organization Name
Inventor(s)
Yuga Cohler of Cambridge MA (US)
Brock Miller of New York City NY (US)
Alex Stone of San Francisco CA (US)
Jayasudha Jayakumaran of San Diego CA (US)
Paul Hamera of New York City NY (US)
WALLET AS A SERVICE - A simplified explanation of the abstract
This abstract first appeared for US patent application 20240303637 titled 'WALLET AS A SERVICE
Simplified Explanation: The patent application describes methods, systems, and devices for data management in a wallet service that utilizes blockchain networks to broadcast messages.
- The wallet service includes API endpoints for broadcasting messages via blockchain networks.
- Requests are received to broadcast messages on specific blockchain networks.
- Messages are generated using network-specific parameters and broadcasted via nodes of the blockchain networks.
Key Features and Innovation:
- Utilization of API endpoints for broadcasting messages on blockchain networks.
- Generation of messages using network-specific parameters.
- Broadcasting messages via nodes of blockchain networks.
Potential Applications: The technology can be applied in secure messaging systems, financial transactions, and data verification processes.
Problems Solved: The technology addresses the need for secure and efficient data management on blockchain networks.
Benefits:
- Enhanced security in message broadcasting.
- Efficient data management on blockchain networks.
- Reliable data verification processes.
Commercial Applications: The technology can be utilized in cryptocurrency wallets, secure communication platforms, and financial services for secure data management and transactions.
Prior Art: Readers can explore prior patents related to blockchain data management and secure messaging systems for further research.
Frequently Updated Research: Stay updated on the latest advancements in blockchain data management and secure messaging systems for potential improvements in the technology.
Questions about Blockchain Data Management: 1. How does the technology ensure the security of messages broadcasted on blockchain networks? 2. What are the potential challenges in implementing this technology in real-world applications?
Original Abstract Submitted
methods, systems, and devices for data management are described. a wallet service may include one or more application programming interface (api) endpoints. an api endpoint may receive a set of requests to broadcast messages via one or more blockchain networks, the set of requests including a first request to broadcast a first message via a first blockchain network and a second request to broadcast a second message via a second blockchain network. a first blockchain message may be generated using a mapping of a plurality of sets of network-specific parameters to respective blockchain networks, and the first blockchain message may include a first set of network-specific parameters. a second blockchain message may also be generated using the mapping, and the second blockchain message may include a second set of network-specific parameters. the first and second blockchain messages may be broadcast via respective nodes of the blockchain networks.
