Method and Apparatus for Restoring Access to Digital Assets

A method for restoring access to a digital asset, the method comprising:

• receiving at a third server a request to restore access to a digital asset of a digital wallet, the receiving from the digital wallet having a first cryptographic key, the first cryptographic key previously used with a second private cryptographic key that was on a first server to access the digital asset and now the second private cryptographic key is no longer available on the first server and the digital asset is no longer accessible;
• generating at the third server a first representation of the request to restore access to the digital asset, the third server having a copy of a second public cryptographic key that was available on the first server and a copy of a third public cryptographic key that is available on the second server;
• presenting the first representation to the digital wallet having the first cryptographic key, the first cryptographic key cryptographically signing the first representation;
• generating at the digital wallet a second representation with the content resulting from the step above;
• presenting a second representation to the third server, the third server determining if the second representation meets a condition of the first cryptographic key;
• if the condition is met, presenting the second representation to the second server, and having its third cryptographic key cryptographically sign the second representation;
• generating an indication that the request is cryptographically approved;
• and
• using the indication to restore access to the digital asset of the digital wallet.

A method for restoring access to a digital asset, the method comprising:

• establishing cryptographic key 1 as part of a digital wallet;
• establishing cryptographic key 2 on server 1;
• and
• establishing cryptographic key 3 on server 2.