- Patent Title: System and method of management of a shared cryptographic account
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Application No.: US17847461Application Date: 2022-06-23
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Publication No.: US11616643B2Publication Date: 2023-03-28
- Inventor: Tal Arieh Be'ery , Ouriel Ohayon , Omer Shlomovits , Gary Benattar
- Applicant: ZENGO LTD.
- Applicant Address: IL Tel Aviv
- Assignee: ZENGO LTD.
- Current Assignee: ZENGO LTD.
- Current Assignee Address: IL Tel Aviv
- Agency: Pearl Cohen Zedek Latzer Baratz LLP
- Main IPC: H04L9/08
- IPC: H04L9/08 ; H04L9/00 ; G06F21/60 ; H04L9/32

Abstract:
Systems and methods of managing a shared cryptographic account for a first user and at least one second user in a blockchain based computer network, including: generating, by a first computing device of the first user, a first share of a cryptographic key, generating, by a server, a corresponding second share of the cryptographic key, wherein the cryptographic key corresponds to a public key and private key pair, and wherein the private key is configured to decrypt shares of the cryptographic key that are encrypted by the public key, generating a group ID for a group of users of the shared cryptographic account, distributing, by the server, the first share among each of the at least one second user, and enforcing a signing logic scheme for users of the group when signing with the shared cryptographic account.
Public/Granted literature
- US20220337400A1 SYSTEM AND METHOD OF MANAGEMENT OF A SHARED CRYPTOGRAPHIC ACCOUNT Public/Granted day:2022-10-20
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