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Patent drawing for Devices, Systems, and Methods For Securing, Accessing and Transacting Cryptocurrency and Non-Crytptocurrency Assets
US 20,190,325,408 A1
Business & commerce US 20,190,325,408 A1 Expired

Devices, Systems, and Methods For Securing, Accessing and Transacting Cryptocurrency and Non-Crytptocurrency Assets

This invention describes a system that helps you securely manage and spend your cryptocurrency. It works by splitting your digital keys: your public address is stored on a smart device like your phone, while your secret private key is kept safe on a separate, dedicated hardware device. When you want to make a payment, the hardware device temporarily connects to your phone to digitally sign the transaction, which your phone then broadcasts to the network.

Why it matters: Since 2019, the widespread integration capabilities of smart devices with external hardware have matured, making the user experience for secure mobile cryptocurrency transactions more seamless. This enhances the practicality of a system separating keys between a mobile device and a dedicated hardware security module.

Status
ExpiredProtection ended and was never renewed
How hard to build
SpecializedCustom electronics, secure firmware, mobile software development.

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