Invention Grant
- Patent Title: Methods and systems for cryptographic private key management for secure multiparty storage and transfer of information
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Application No.: US16685624Application Date: 2019-11-15
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Publication No.: US11316668B2Publication Date: 2022-04-26
- Inventor: Jurgen Schouppe
- Applicant: SafeTech BV
- Applicant Address: BE Brussels
- Assignee: SafeTech BV
- Current Assignee: SafeTech BV
- Current Assignee Address: BE Brussels
- Agency: Downs Rachlin Martin PLLC
- Main IPC: H04L9/08
- IPC: H04L9/08 ; H04L9/06

Abstract:
Cryptographic key management systems configured to provide key management services for the secure and decentralized control and storage of private cryptographic keys and other information. Asset private keys, seeds, passphrases, and other digitized information may be split into a plurality of subkeys and distributed to a group of people to allow the group to gain control of the asset private key if and when a specified condition has occurred. In some examples, the group of people receive less than a threshold number of the subkeys required to restore the asset private key and one or more of the subkeys required to restore the asset private key are defined as validator subkeys, the validator subkeys separately and securely stored. In some examples, the validator subkeys are encrypted and the encrypted validator subkeys stored on a blockchain platform.
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