Decentralized electronic transfer system
AssigneeAlcatel Lucent
InventorsFabio Pianese, Noah Evans
Life of this patent
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AssigneeAlcatel Lucent
InventorsFabio Pianese, Noah Evans
Estimating the term…
An exemplary technique is provided for use in a decentralized electronic transfer system. A first digital code that represents a first transaction is generated from a first user's secure repository to the first user's unsecure repository. The first digital code is sent to a secure storage memory related to the unsecure repository to be stored in an area of the memory. A processor related to the unsecure repository generates a second digital code that represents a second transaction from the unsecure repository to the second user's repository. The processor retrieves the first digital code stored in the secure storage memory and publishes the retrieved digital code to validate the first transaction. In addition, the processor publishes the second digital code to validate the second transaction.
A method for use in a decentralized electronic transfer system, the method comprising the steps of:
A repository for use in a decentralized electronic system, the repository being connected to a communication means for receiving a first digital code from a secure repository, to a secure storage memory adapted to store the first digital code, to a processor adapted to access the secure storage memory, and configured to generate a second digital code that represents a second transaction, and to input means for instructing the processor to generate the second digital code, the processor being configured to subsequently publish, via the communication means, the first digital code and the second digital code.
Dependencies are inferred from the claim text.