Digital Asset Holdings patented a system and method for securely transmitting information to select parties of an agreement using cryptographic keys. The technology ensures that only relevant parties receive the data, enhancing privacy and security in agreements involving multiple parties. GlobalData’s report on Digital Asset Holdings gives a 360-degree view of the company including its patenting strategy. Buy the report here.
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According to GlobalData’s company profile on Digital Asset Holdings, E-transaction tamperproofing was a key innovation area identified from patents. Digital Asset Holdings's grant share as of April 2024 was 43%. Grant share is based on the ratio of number of grants to total number of patents.
Selective transmission of cryptographically signed information among parties
A recently granted patent (Publication Number: US11924350B2) outlines a method and system for securely handling decisions within agreements involving multiple parties. The method involves receiving an input containing a decision from one party, identifying the parties affected by this decision, generating a token based on cryptographic keys of the involved parties, and transmitting the decision, token, and the identity of a second party to a private data store of the affected party. The system, comprising processors and memory, executes instructions to carry out these steps efficiently.
Furthermore, the patent details additional features such as converting the decision into an abstract syntax tree (AST) and transmitting it, as well as partially blinding portions of the AST using Merkle Hashes to create a Merklized AST (MAST) for enhanced security. The generated tokens are based on the cryptographic keys of the parties involved, ensuring secure communication within the agreement framework. The system's ability to handle decisions and transmit them securely to the relevant parties, particularly in scenarios involving ledger writer nodes, showcases a novel approach to maintaining data integrity and confidentiality within multi-party agreements.
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GlobalData Patent Analytics tracks bibliographic data, legal events data, point in time patent ownerships, and backward and forward citations from global patenting offices. Textual analysis and official patent classifications are used to group patents into key thematic areas and link them to specific companies across the world’s largest industries.
