Invention Publication
- Patent Title: METHOD AND SYSTEM FOR ENABLING TRACEABLE PRIVACY-MAINTAINING MULTI-HOP OFFLINE TRANSACTIONS IN DIGITAL CURRENCIES
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Application No.: US17550596Application Date: 2021-12-14
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Publication No.: US20230186292A1Publication Date: 2023-06-15
- Inventor: Stephen HIGGINS
- Applicant: MASTERCARD INTERNATIONAL INCORPORATED
- Applicant Address: US NY Purchase
- Assignee: MASTERCARD INTERNATIONAL INCORPORATED
- Current Assignee: MASTERCARD INTERNATIONAL INCORPORATED
- Current Assignee Address: US NY Purchase
- Main IPC: G06Q20/38
- IPC: G06Q20/38 ; G06Q20/40

Abstract:
A method for processing offline cryptocurrency transfers includes: receiving, by a receiver of a computing device, a first transfer message, wherein the first transfer message is cryptographically signed using a first private key of a first key pair; validating, by a processor of the computing device, the cryptographic signature of the first transfer message using a first public key of the first key pair; storing, in a memory of the computing device, the validated first transfer message; receiving, by an input device of the computing device, a transfer instruction, the transfer instruction including at least a communication address; and electronically transmitting, by a transmitter of the computing device, the validated first transfer message to an external device based on at least the communication address.
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