New pending patent applications are published on Thursdays by the USPTO. Today's Spotlight Applications continue the theme of blockchains (smart contracts, distributed ledgers), rights management broadly construed, in the context of financial services. Assigned ti Kalypton, the first application discloses techniques for distributed transaction processing and authentication system. Assigned to MobileCoin, the second application discloses techniques for providing a secure transaction network.
20200186355, "Distributed transaction processing and authentication system," assigned to Kalypton International Limited (GI)
A method of recording a data transaction comprising, at a device associated with a first entity, determining first seed data, generating a record of a first transaction between the first entity and a second entity, determining second seed data by combining at least the first seed data and the record of the first data transaction, generating a first hash by hashing the second seed data, the first hash comprising a history of data transactions involving the first entity and storing the first hash against the record of the first data transaction in a memory.
20200184467, "System and method for providing a secure transaction network," assigned to MobileCoin.
A system and method for providing a secure transaction network are disclosed. A particular embodiment includes: a plurality of network nodes in data communication with each other via a network, each network node having a secure processing enclave, the enclave configured to include: at least one isolated memory device, processing logic isolated from operating system (OS) calls, and a remote attestation capability; and a wallet configured as executable code on a client device, the wallet including a view key and a spend key, the wallet configured to establish a secure data communication with at least one of the plurality of network nodes, the secure data communication being enabled after the enclave of the at least one of the plurality of network nodes is validated after completion of the remote attestation.