Invention Grant
- Patent Title: Obfuscation of intent in transactions using cryptographic techniques
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Application No.: US15164341Application Date: 2016-05-25
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Publication No.: US10552829B2Publication Date: 2020-02-04
- Inventor: Alec Wilkins , Eric Nathaniel Fish , Trent Norman Larson
- Applicant: tZERO Group, Inc.
- Applicant Address: US NY New York
- Assignee: tZERO Group, Inc.
- Current Assignee: tZERO Group, Inc.
- Current Assignee Address: US NY New York
- Agency: Fogg & Power LLC
- Main IPC: G06Q40/04
- IPC: G06Q40/04 ; G06Q20/38 ; G06Q20/40 ; G06Q40/00

Abstract:
Methods and systems described herein prevent traders from using order intent and hardware solutions to advance their order position by obfuscating the order until execution and by using a digital ledger to assign priority of the orders. As described herein, using a series of cryptographic key pairs, one side of a transaction can be created, matched, and executed while a public record is recorded and maintained but obfuscated (i.e., not publicly transparent) until after the transaction is completed.
Public/Granted literature
- US20160350749A1 OBFUSCATION OF INTENT IN TRANSACTIONS USING CRYPTOGRAPHIC TECHNIQUES Public/Granted day:2016-12-01
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