SYSTEMS AND METHODS FOR CONTROLLING TRANSFERS OF DIGITAL ASSETS

A computer-implemented method is disclosed. The method includes: receiving a request to transfer a digital asset; appending, to a blockchain of a blockchain network, a transaction for deploying a smart contract for executing a transfer of the digital asset; receiving a first notification of an off-c...

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Bibliographic Details
Main Author LEE, JOHN JONG-SUK
Format Patent
LanguageEnglish
French
Published 10.12.2022
Subjects
CALCULATING
COMPUTING
COUNTING
ELECTRIC DIGITAL DATA PROCESSING
PHYSICS
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Summary:A computer-implemented method is disclosed. The method includes: receiving a request to transfer a digital asset; appending, to a blockchain of a blockchain network, a transaction for deploying a smart contract for executing a transfer of the digital asset; receiving a first notification of an off-chain transaction in connection with transfer of the digital asset; sending a first transaction to the blockchain for invoking a first function of the smart contract to allow transfer of the digital asset to a destination address; and responsive to detecting a first condition associated with the off-chain transaction, sending a second transaction to the blockchain for invoking a second function of the smart contract for transferring the digital asset to the destination address. Related methods, apparatus, and computer-readable media are also disclosed.
Bibliography:Application Number: CA20223146991