ULTRA Corporation OU (20240348440). BLOCKCHAIN SYSTEM WITH SECURE RESTORATION OF KEY PAIRS TECHNICAL FIELD simplified abstract
Contents
BLOCKCHAIN SYSTEM WITH SECURE RESTORATION OF KEY PAIRS TECHNICAL FIELD
Organization Name
Inventor(s)
David Paul J. Hanson of Azeitao (PT)
BLOCKCHAIN SYSTEM WITH SECURE RESTORATION OF KEY PAIRS TECHNICAL FIELD - A simplified explanation of the abstract
This abstract first appeared for US patent application 20240348440 titled 'BLOCKCHAIN SYSTEM WITH SECURE RESTORATION OF KEY PAIRS TECHNICAL FIELD
The abstract describes a processor-based method for restoring a key pair to a user of a blockchain by receiving key restore request data and submitting a transaction to the blockchain. The key restore request data includes a user identifier and a first public key, while the transaction includes the user identifier, the public key, and identity provider attestation data.
- User identifier and first public key are included in the key restore request data.
- Transaction includes user identifier, public key, and identity provider attestation data.
- Identity provider attestation data contains a signature over data fields related to the user identifier and public key.
Potential Applications: - Secure key pair restoration for blockchain users. - Identity verification processes in blockchain transactions.
Problems Solved: - Ensuring secure restoration of key pairs for blockchain users. - Verifying the identity of users in blockchain transactions.
Benefits: - Enhanced security for key restoration processes. - Improved trust and verification in blockchain transactions.
Commercial Applications: Title: Secure Key Restoration Technology for Blockchain Users This technology can be utilized by blockchain platforms, cryptocurrency exchanges, and digital asset management companies to enhance the security and trustworthiness of their services. It can also be integrated into identity verification systems for various online transactions.
Questions about the Technology: 1. How does this technology improve the security of key restoration processes in blockchain systems? 2. What role does the identity provider attestation data play in verifying the user's identity in blockchain transactions?
Frequently Updated Research: Stay updated on the latest advancements in blockchain security protocols and identity verification technologies to enhance the effectiveness of this key restoration method.
Original Abstract Submitted
a processor-based method of restoring a key pair to a user of a blockchain can include receiving key restore request data and submitting a transaction to the blockchain. the key restore request data can include at least: a user identifier associated with the blockchain user, and a first public key to be associated with the user identifier; the transaction can include the user identifier associated with the blockchain user, the public key to be associated with the user identifier, and an instance of identity provider (idp) attestation data. the instance of idp attestation data can include a signature of an identity provider over data fields comprising, at least: data indicative of the user identifier, and data indicative of the public key to be associated with the user identifier.
