Autonomous exchange via entrusted ledger application specific wallet
AssigneeDuvon Corporation
InventorsBenedict Ow, Richard Stiles, Anthony Tan
Life of this patent
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Abstract
An application specific wallet function of a blockchain wallet provides a method in which blockchain tokens may be assigned for specific uses and other uses can be prevented. The application specific wallet function can be configured to allow tokens to only be used on some or all of the applications hosted on or available through the blockchain, and can also be configured to prevent tokens from being utilized for any purpose outside of the use intended by the network host or provisioner. This can ensure that the wallet owner uses the tokens for blockchain applications and can prevent the wallet owner from trading or selling the tokens on a cryptocurrency exchange.
Claims16
A system for providing an application specific blockchain wallet comprising:
- one or more storage devices storing one or more blockchains;
- a plurality of tokens associated with the one or more blockchains;
- and
- one or more processors that execute machine readable instructions to:
- provide a blockchain wallet that limits a subset of the plurality of tokens to one or more application specific purposes by storing the subset of the plurality of tokens in an internal wallet of the blockchain wallet, wherein any tokens in the internal wallet are only used for the one or more application specific purposes and the blockchain wallet allows use of any other tokens for one or more other purposes;
- and
- store non-private information recording the use of the tokens in the internal wallet for the one or more application specific purposes and the use of the other tokens for the one or more other purposes on the one or more blockchains.
A computer-implemented method of providing an application specific digital wallet for a blockchain comprising:
- providing a blockchain wallet comprising an internal wallet;
- storing a subset of the plurality of blockchain tokens in the internal wallet;
- wherein any blockchain tokens in the internal wallet are only used for one or more application specific purposes and the blockchain wallet allows use of any other blockchain tokens for one or more other purposes;
- and
- storing non-private information recording the use of the blockchain tokens in the internal wallet for the one or more application specific purposes and the use of the other blockchain tokens for the one or more other purposes on the blockchain.
A non-transient storage medium comprising instructions that, when executed, cause one or more processors of a system for providing an application specific digital wallet for a blockchain to:
- provide a blockchain wallet comprising an internal wallet;
- store a subset of the plurality of blockchain tokens in the internal wallet;
- wherein any blockchain tokens in the internal wallet are only used for one or more application specific purposes and the blockchain wallet allows use of any other blockchain tokens for one or more other purposes;
- and
- store non-private information recording the use of the blockchain tokens in the internal wallet for the one or more application specific purposes and the use of the other blockchain tokens for the one or more other purposes on the blockchain.
Dependencies are inferred from the claim text.