VMware, Inc. (20240214228). BLOCKCHAIN BASED PUBLIC KEY INFRASTRUCTURE simplified abstract
Contents
BLOCKCHAIN BASED PUBLIC KEY INFRASTRUCTURE
Organization Name
Inventor(s)
Sean James Huntley of Sydney (AU)
BLOCKCHAIN BASED PUBLIC KEY INFRASTRUCTURE - A simplified explanation of the abstract
This abstract first appeared for US patent application 20240214228 titled 'BLOCKCHAIN BASED PUBLIC KEY INFRASTRUCTURE
The abstract of the patent application describes a blockchain-based public key infrastructure where a public key associated with a network address and an identifier of a certifying smart contract for a certifying entity can be obtained from an identity smart contract hosted by a blockchain network. Subsequently, a certifying public key and a signature for the public key associated with the network address are obtained from the certifying smart contract, and the signature can be verified using the certifying public key.
- Public key infrastructure based on blockchain technology
- Obtaining public key and certifying smart contract identifier from an identity smart contract
- Obtaining certifying public key and signature from certifying smart contract
- Verifying signature using certifying public key
- Enhancing security and trust in digital transactions
Potential Applications: - Secure digital transactions - Identity verification - Cryptocurrency transactions
Problems Solved: - Ensuring the authenticity of public keys - Enhancing security in blockchain networks
Benefits: - Increased trust in digital transactions - Improved security in blockchain networks
Commercial Applications: Title: Blockchain-Based Public Key Infrastructure for Secure Digital Transactions Description: This technology can be utilized in financial institutions, e-commerce platforms, and any other digital platforms requiring secure transactions.
Questions about Blockchain-Based Public Key Infrastructure: 1. How does this technology improve security in digital transactions? - This technology enhances security by verifying the authenticity of public keys and ensuring trust in digital transactions.
2. What are the potential applications of this blockchain-based public key infrastructure? - The potential applications include secure digital transactions, identity verification, and cryptocurrency transactions.
Original Abstract Submitted
disclosed are various embodiments for blockchain based public key infrastructure. a public key associated with a network address and an identifier of a certifying smart contract for a certifying entity associated with the public key can be obtained from an identity smart contract hosted by a blockchain network. then, a certifying public key and a signature for the public key associated with the network address are obtained from the certifying smart contract. subsequently, the signature of the public key associated with the network address can be verified using the certifying public key.
