Invention Grant
- Patent Title: Methods and systems for enhancing privacy and efficiency on distributed ledger-based networks
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Application No.: US16283452Application Date: 2019-02-22
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Publication No.: US10721069B2Publication Date: 2020-07-21
- Inventor: Chaitanya Reddy Konda , Duncan James Westland , Paul Richard Brody
- Applicant: Ernst & Young Global Limited
- Applicant Address: GB London
- Assignee: EYGS LLP
- Current Assignee: EYGS LLP
- Current Assignee Address: GB London
- Agency: Cooley LLP
- Main IPC: H04L9/32
- IPC: H04L9/32 ; H04L9/06 ; H04L9/30

Abstract:
One or more embodiments described herein disclose methods and systems that are directed at providing enhanced privacy, efficiency and security to distributed ledger-based networks (DLNs) via the implementation of zero-knowledge proofs (ZKPs) in the DLNs. ZKPs allow participants of DLNs to make statements on the DLNs about some private information and to prove the truth of the information without having to necessarily reveal the private information publicly. As such, the disclosed methods and systems directed at the ZKP-enabled DLNs provide privacy and efficiency to participants of the DLNs while still allowing the DLNs to remain as consensus-based networks.
Public/Granted literature
- US20200059361A1 METHODS AND SYSTEMS FOR ENHANCING PRIVACY AND EFFICIENCY ON DISTRIBUTED LEDGER-BASED NETWORKS Public/Granted day:2020-02-20
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