Method for virtual asset transmission

Number of patents in Portfolio can not be more than 2000

United States of America Patent

PATENT NO 12073401
APP PUB NO 20230017364A1
SERIAL NO

17951659

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ATTORNEY / AGENT: (SPONSORED)

Importance

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Abstract

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Disclosed is a method for use in a virtual asset transmission from a sender having a sending account at a sending virtual asset service provider (sending VASP) to a recipient having a receiving account at a receiving virtual asset service provider (receiving VASP). The method involves sending, to the receiving VASP, a first request for verifying the receiving account of the recipient at the receiving VASP; receiving, from the receiving VASP, a verification result confirming that the receiving account of the recipient at the receiving VASP is valid; subsequently receiving, from the sending VASP, a second request for verifying a blockchain record for a transmission of a virtual asset from the sender to the recipient; upon receipt of the second request, determining if the transmission has been recorded on a blockchain network; and upon determining that the transmission has been recorded on the blockchain network, sending, to the receiving VASP, a third request to update the receiving account of the recipient at the receiving VASP about the transmission of the virtual asset from the sender to the recipient.

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First Claim

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Patent Owner(s)

Patent OwnerAddress
DUNAMU INC8F 12F 15F 17F 18F 369 GANGNAM-DAERO SEOCHO-GU SEOUL 06621

International Classification(s)

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Inventor(s)

Inventor Name Address # of filed Patents Total Citations
Choi, Hyeok Seoul, KR 19 157
Oh, Jae Hoon Seongnam-si, KR 16 14

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