Invention Grant
- Patent Title: Systems and methods for bifurcated blockchain-based digital encryption
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Application No.: US17458647Application Date: 2021-08-27
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Publication No.: US11799640B2Publication Date: 2023-10-24
- Inventor: Anna Kristen Pingel Berry , Benjamin Daniel Hardman
- Applicant: Bank of America Corporation
- Applicant Address: US NC Charlotte
- Assignee: Bank of America Corporation
- Current Assignee: Bank of America Corporation
- Current Assignee Address: US NC Charlotte
- Agency: Weiss & Arons LLP
- Main IPC: H04L9/08
- IPC: H04L9/08 ; H04L9/32 ; G06Q50/00 ; G06Q50/18 ; H04L9/00

Abstract:
Systems and methods for digitally encrypting sensitive, self-executing, digital content are provided. A method may include storing the digital content in an encrypted digital vault and generating a first password and a second password which together may unlock the digital vault. The method may include storing the first password on a first encrypted distributed ledger and the second password on a second encrypted distributed ledger. The method may include automatically updating the passwords periodically and storing the updated passwords as new entries on the distributed ledgers. When a document from a predetermined list of documents is digitally scanned and authenticated, the method may include unlocking access to the first password on the first distributed ledger for the designated entity. When the digital vault is unlocked with the first and the second passwords, the digital content may self-execute.
Public/Granted literature
- US20230065507A1 SYSTEMS AND METHODS FOR BIFURCATED BLOCKCHAIN-BASED DIGITAL ENCRYPTION Public/Granted day:2023-03-02
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