Method and device for implementation of safe transactions in blockchain infrastructure
AssigneeAleksey Sergeevich Smirnov
InventorAleksey Sergeevich Smirnov
Life of this patent
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Abstract
The proclaimed solution is related to the method of implementation of transactions in blockchain infrastructure with the protected device for safe cryptocurrency storage. This solution is directed to resolving the technical problem, which presents elimination of the existing disadvantages and offers the extended by functions hardware wallet for the cryptocurrency storage, which has an improved protection degree from the unauthorized access to the identification information of the user's account and its use for the implementation of transactions in the blockchain infrastructure.
Claims10
A method of performing transactions in a blockchain network with using a protected device for storing cryptocurrencies, comprising following steps:
- forming a secure area on the cryptocurrency storage device for storing a master key for authenticating transactions and an open area for storing primary transactions, wherein the secure area comprises a program module for performing a transaction signature procedure;
- generating a primary transaction file and saving it to the designated open area of the protected device;
- activating the program module in order to confirm the transaction and generate, with using the master key, at least one private key for the primary transaction authentication;
- generating a certified transaction ID in the secure area of the protected device by adding the private key data to the primary transaction;
- generating a unique ID of the certified transaction in the secure area of the protected device by using private key data and primary transaction data;
- saving the ID of the certified transaction to the open area of the protected device;
- establishing a connection between the open area of the protected device and a data transmission network with access to the blockchain network;
- performing a transaction by transferring the certified transaction to the blockchain network.
A protected device for performing transactions in the blockchain network comprising a microcontroller and a memory module, wherein the memory module comprises an encrypted area containing a master key and a software module for performing the transaction confirmation procedure by generating private keys based on the master key;
- an open area for storing transaction IDs;
- wherein the software module is designed with a function to authenticate transactions using a private key in the secure area and transfer the certified transaction to the open area of the device for further transmission to the blockchain infrastructure through the data transmission network.
Dependencies are inferred from the claim text.