EP3938989A4 - Method and system for exchange of value or tokens between blockchain networks - Google Patents

Method and system for exchange of value or tokens between blockchain networks Download PDF

Info

Publication number
EP3938989A4
EP3938989A4 EP20774581.1A EP20774581A EP3938989A4 EP 3938989 A4 EP3938989 A4 EP 3938989A4 EP 20774581 A EP20774581 A EP 20774581A EP 3938989 A4 EP3938989 A4 EP 3938989A4
Authority
EP
European Patent Office
Prior art keywords
tokens
exchange
value
blockchain networks
blockchain
Prior art date
Legal status (The legal status is an assumption and is not a legal conclusion. Google has not performed a legal analysis and makes no representation as to the accuracy of the status listed.)
Withdrawn
Application number
EP20774581.1A
Other languages
German (de)
French (fr)
Other versions
EP3938989A1 (en
Inventor
Arshdeep BAHGA
Vijay MADISETTI
Current Assignee (The listed assignees may be inaccurate. Google has not performed a legal analysis and makes no representation or warranty as to the accuracy of the list.)
Individual
Original Assignee
Individual
Priority date (The priority date is an assumption and is not a legal conclusion. Google has not performed a legal analysis and makes no representation as to the accuracy of the date listed.)
Filing date
Publication date
Application filed by Individual filed Critical Individual
Publication of EP3938989A1 publication Critical patent/EP3938989A1/en
Publication of EP3938989A4 publication Critical patent/EP3938989A4/en
Withdrawn legal-status Critical Current

Links

Classifications

    • H—ELECTRICITY
    • H04—ELECTRIC COMMUNICATION TECHNIQUE
    • H04L—TRANSMISSION OF DIGITAL INFORMATION, e.g. TELEGRAPHIC COMMUNICATION
    • H04L9/00—Cryptographic mechanisms or cryptographic arrangements for secret or secure communications; Network security protocols
    • H04L9/32—Cryptographic mechanisms or cryptographic arrangements for secret or secure communications; Network security protocols including means for verifying the identity or authority of a user of the system or for message authentication, e.g. authorization, entity authentication, data integrity or data verification, non-repudiation, key authentication or verification of credentials
    • H04L9/3236—Cryptographic mechanisms or cryptographic arrangements for secret or secure communications; Network security protocols including means for verifying the identity or authority of a user of the system or for message authentication, e.g. authorization, entity authentication, data integrity or data verification, non-repudiation, key authentication or verification of credentials using cryptographic hash functions
    • H04L9/3239—Cryptographic mechanisms or cryptographic arrangements for secret or secure communications; Network security protocols including means for verifying the identity or authority of a user of the system or for message authentication, e.g. authorization, entity authentication, data integrity or data verification, non-repudiation, key authentication or verification of credentials using cryptographic hash functions involving non-keyed hash functions, e.g. modification detection codes [MDCs], MD5, SHA or RIPEMD
    • G—PHYSICS
    • G06—COMPUTING; CALCULATING OR COUNTING
    • G06Q—INFORMATION AND COMMUNICATION TECHNOLOGY [ICT] SPECIALLY ADAPTED FOR ADMINISTRATIVE, COMMERCIAL, FINANCIAL, MANAGERIAL OR SUPERVISORY PURPOSES; SYSTEMS OR METHODS SPECIALLY ADAPTED FOR ADMINISTRATIVE, COMMERCIAL, FINANCIAL, MANAGERIAL OR SUPERVISORY PURPOSES, NOT OTHERWISE PROVIDED FOR
    • G06Q20/00—Payment architectures, schemes or protocols
    • G06Q20/04—Payment circuits
    • G06Q20/06—Private payment circuits, e.g. involving electronic currency used among participants of a common payment scheme
    • G06Q20/065—Private payment circuits, e.g. involving electronic currency used among participants of a common payment scheme using e-cash
    • G—PHYSICS
    • G06—COMPUTING; CALCULATING OR COUNTING
    • G06Q—INFORMATION AND COMMUNICATION TECHNOLOGY [ICT] SPECIALLY ADAPTED FOR ADMINISTRATIVE, COMMERCIAL, FINANCIAL, MANAGERIAL OR SUPERVISORY PURPOSES; SYSTEMS OR METHODS SPECIALLY ADAPTED FOR ADMINISTRATIVE, COMMERCIAL, FINANCIAL, MANAGERIAL OR SUPERVISORY PURPOSES, NOT OTHERWISE PROVIDED FOR
    • G06Q20/00—Payment architectures, schemes or protocols
    • G06Q20/38—Payment protocols; Details thereof
    • G06Q20/389—Keeping log of transactions for guaranteeing non-repudiation of a transaction
    • H—ELECTRICITY
    • H04—ELECTRIC COMMUNICATION TECHNIQUE
    • H04L—TRANSMISSION OF DIGITAL INFORMATION, e.g. TELEGRAPHIC COMMUNICATION
    • H04L9/00—Cryptographic mechanisms or cryptographic arrangements for secret or secure communications; Network security protocols
    • H04L9/32—Cryptographic mechanisms or cryptographic arrangements for secret or secure communications; Network security protocols including means for verifying the identity or authority of a user of the system or for message authentication, e.g. authorization, entity authentication, data integrity or data verification, non-repudiation, key authentication or verification of credentials
    • H04L9/3247—Cryptographic mechanisms or cryptographic arrangements for secret or secure communications; Network security protocols including means for verifying the identity or authority of a user of the system or for message authentication, e.g. authorization, entity authentication, data integrity or data verification, non-repudiation, key authentication or verification of credentials involving digital signatures
    • H—ELECTRICITY
    • H04—ELECTRIC COMMUNICATION TECHNIQUE
    • H04L—TRANSMISSION OF DIGITAL INFORMATION, e.g. TELEGRAPHIC COMMUNICATION
    • H04L9/00—Cryptographic mechanisms or cryptographic arrangements for secret or secure communications; Network security protocols
    • H04L9/50—Cryptographic mechanisms or cryptographic arrangements for secret or secure communications; Network security protocols using hash chains, e.g. blockchains or hash trees
    • H—ELECTRICITY
    • H04—ELECTRIC COMMUNICATION TECHNIQUE
    • H04L—TRANSMISSION OF DIGITAL INFORMATION, e.g. TELEGRAPHIC COMMUNICATION
    • H04L2209/00—Additional information or applications relating to cryptographic mechanisms or cryptographic arrangements for secret or secure communication H04L9/00
    • H04L2209/56—Financial cryptography, e.g. electronic payment or e-cash

Landscapes

  • Engineering & Computer Science (AREA)
  • Business, Economics & Management (AREA)
  • Computer Security & Cryptography (AREA)
  • Accounting & Taxation (AREA)
  • Computer Networks & Wireless Communication (AREA)
  • Signal Processing (AREA)
  • Finance (AREA)
  • Strategic Management (AREA)
  • Physics & Mathematics (AREA)
  • General Business, Economics & Management (AREA)
  • General Physics & Mathematics (AREA)
  • Theoretical Computer Science (AREA)
  • Financial Or Insurance-Related Operations Such As Payment And Settlement (AREA)
EP20774581.1A 2019-03-15 2020-03-13 Method and system for exchange of value or tokens between blockchain networks Withdrawn EP3938989A4 (en)

Applications Claiming Priority (2)

Application Number Priority Date Filing Date Title
US201962818798P 2019-03-15 2019-03-15
PCT/US2020/022632 WO2020190720A1 (en) 2019-03-15 2020-03-13 Method and system for exchange of value or tokens between blockchain networks

Publications (2)

Publication Number Publication Date
EP3938989A1 EP3938989A1 (en) 2022-01-19
EP3938989A4 true EP3938989A4 (en) 2022-11-23

Family

ID=72520418

Family Applications (1)

Application Number Title Priority Date Filing Date
EP20774581.1A Withdrawn EP3938989A4 (en) 2019-03-15 2020-03-13 Method and system for exchange of value or tokens between blockchain networks

Country Status (2)

Country Link
EP (1) EP3938989A4 (en)
WO (1) WO2020190720A1 (en)

Families Citing this family (4)

* Cited by examiner, † Cited by third party
Publication number Priority date Publication date Assignee Title
US12093999B2 (en) * 2020-06-17 2024-09-17 Coinbase, Inc. Systems and methods for converting cryptocurrency
CN112907375B (en) * 2021-03-25 2023-08-08 平安科技（深圳）有限公司 Data processing method, device, computer equipment and storage medium
CN113824561A (en) * 2021-06-18 2021-12-21 泰安北航科技园信息科技有限公司 Novel chain-crossing system based on intelligent contract and trusted computing technology
CN114553432B (en) * 2022-01-28 2023-08-18 中国银联股份有限公司 Identity authentication method, device, equipment and computer readable storage medium

Citations (3)

* Cited by examiner, † Cited by third party
Publication number Priority date Publication date Assignee Title
US20190311337A1 (en) * 2018-04-04 2019-10-10 Vijay K. Madisetti Method and System for Exchange of Value or Tokens Between Blockchain Networks
US20190311357A1 (en) * 2018-04-04 2019-10-10 Vijay Madisetti Method and System for Exchange of Value or Tokens Between Blockchain Networks
US20200005290A1 (en) * 2017-12-04 2020-01-02 Vijay Madisetti System and Method for Processing Payments in Fiat Currency Using Blockchain and Tethered Tokens

Family Cites Families (5)

* Cited by examiner, † Cited by third party
Publication number Priority date Publication date Assignee Title
US20170132630A1 (en) * 2015-11-11 2017-05-11 Bank Of America Corporation Block chain alias for person-to-person payments
US20180046992A1 (en) * 2016-08-10 2018-02-15 Jpmorgan Chase Bank, N.A. Systems and methods for account reconciliation using a distributed ledger
KR20180022335A (en) * 2016-08-24 2018-03-06 김진오 Transaction system using of digital cyber money based on central distribution block-chain, transaction device, transaction server and transaction method thereof
US20180114205A1 (en) * 2016-10-21 2018-04-26 Bank Of America Corporation Distributed ledger system for providing aggregate tracking and threshold triggering
US10102265B1 (en) * 2017-04-12 2018-10-16 Vijay K. Madisetti Method and system for tuning blockchain scalability for fast and low-cost payment and transaction processing

Patent Citations (3)

* Cited by examiner, † Cited by third party
Publication number Priority date Publication date Assignee Title
US20200005290A1 (en) * 2017-12-04 2020-01-02 Vijay Madisetti System and Method for Processing Payments in Fiat Currency Using Blockchain and Tethered Tokens
US20190311337A1 (en) * 2018-04-04 2019-10-10 Vijay K. Madisetti Method and System for Exchange of Value or Tokens Between Blockchain Networks
US20190311357A1 (en) * 2018-04-04 2019-10-10 Vijay Madisetti Method and System for Exchange of Value or Tokens Between Blockchain Networks

Also Published As

Publication number Publication date
WO2020190720A1 (en) 2020-09-24
EP3938989A1 (en) 2022-01-19

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