System and method for automated blockchain custody service for managing a set of custodial assets with block chain authenticity verification

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United States of America Patent

PATENT NO 11727504
APP PUB NO 20200387967A1
SERIAL NO

16998873

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Abstract

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A system and method for automated blockchain custody service for managing a set of custodial assets with block chain authenticity verification is disclosed. An example system includes an asset identification service circuit structured to interpret assets corresponding to a financial entity configured to take custody of them; an identity management service circuit structured to authenticate a plurality of identifiers corresponding to a plurality of actionable entities entitled to take action with respect to the assets, wherein the identifiers comprise at least one credential; a blockchain service circuit structured to store asset control features in a blockchain structure comprising a distributed ledger configuration; and a financial management circuit structured to communicate the interpreted plurality of assets and authenticated plurality of identifiers to the blockchain service circuit for storage in the blockchain structure as asset control features, and to record the asset control features in the distributed ledger configuration as asset events.

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Patent Owner(s)

  • STRONG FORCE TX PORTFOLIO 2018, LLC

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Inventor(s)

Inventor Name Address # of filed Patents Total Citations
Cella, Charles Howard Pembroke, US 512 7428

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