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
Published 31.03.2022
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: US202017426769