SYSTEM AND METHOD FOR KEY RECOVERY AND VERIFICATION IN BLOCKCHAIN BASED NETWORKS

Methods and systems of recovering a cryptographic key associated with a blockchain based computer network, including encryption of at least a portion of a cryptographic key of the computer network with a recovery public key, sending of the encrypted at least a portion of the cryptographic key to at...

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Bibliographic Details
Main Authors OHAYON, Ouriel, BE'ERY, Tal Arieh, SHLOMOVITS, Omer, BENATTAR, Gary
Format Patent
LanguageEnglish
French
German
Published 08.12.2021
Subjects
ELECTRIC COMMUNICATION TECHNIQUE
ELECTRICITY
TRANSMISSION OF DIGITAL INFORMATION, e.g. TELEGRAPHICCOMMUNICATION
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Summary:Methods and systems of recovering a cryptographic key associated with a blockchain based computer network, including encryption of at least a portion of a cryptographic key of the computer network with a recovery public key, sending of the encrypted at least a portion of the cryptographic key to at least one second computing device, sending of a recovery private key to a recovery escrow service, detection that the at least one first computing device is unavailable, publishing the recovery private key in a public repository, retrieving the recovery private key from the public repository, and decryption of the encrypted at least a portion of the cryptographic key by the at least one second computing device.
Bibliography:Application Number: EP20200749057