Patents by Inventor Daniel Joseph Lutz

Daniel Joseph Lutz has filed for patents to protect the following inventions. This listing includes patent applications that are pending as well as patents that have already been granted by the United States Patent and Trademark Office (USPTO).

  • Publication number: 20230325813
    Abstract: The invention discloses a system for mining crypto-coins having a user module to facilitate connection of one or more miners for mining crypto-coins. Further, the system includes a blockchain network to facilitate communication between the user module and a Proof of Activity Mining (PoAM) module. The PoAM module is configured to generate crypto-coins based on transactions performed by the one or more miners. Further, the PoAM module includes a transaction module to allow mining of a pre-defined number of crypto-coins per transaction, a block module to allow mining of a block after a pre-defined number of transactions, a miners percentage module to determine a percentage of mined crypto-coins associated with the one or more miners per mined block and a halving module configured to half a number of coins per block and a number of coins per transaction after a pre-defined number of blocks are mined.
    Type: Application
    Filed: March 28, 2022
    Publication date: October 12, 2023
    Inventor: Daniel Joseph Lutz
  • Patent number: 8874909
    Abstract: There is a system and method for storing data of others using a processor and a memory device. The system includes an account module configured to manage a plurality of accounts, each account associated with an entity. The system includes an avatar module configured to permit entities to generate avatars for their accounts, wherein an avatar associates data with an account that is not required to be consistent with the account and not required to be consistent with data in other avatars of that same account. The system includes a transaction module configured to facilitate a plurality of transactions using trusted entity data. The system includes an encryption module configured to encrypt, using a processor, the transaction data with a plurality of paired half-keys.
    Type: Grant
    Filed: February 4, 2013
    Date of Patent: October 28, 2014
    Inventor: Daniel Joseph Lutz
  • Publication number: 20140211944
    Abstract: A system and method of protecting, decrypting, and storing encryption keys. An encryption escrow module stores a library of indexed encryption algorithms. A keychain storage module includes a plurality of encrypted keys and/or keychains that are encrypted according to varying encryption algorithms of the encryption escrow module. Biometrics are used to index encrypted keychains to specific algorithms, but the two are kept separate. Since a naked key is never stored and only produced in cooperation with a specific user, the keychain storage module and the encryption escrow module, cracking attempts that compromise only two of the three groups are unable to generate any naked keys.
    Type: Application
    Filed: September 24, 2013
    Publication date: July 31, 2014
    Inventor: Daniel Joseph Lutz
  • Publication number: 20130205135
    Abstract: There is a system and method for storing data of others using a processor and a memory device. The system includes an account module configured to manage a plurality of accounts, each account associated with an entity. The system includes an avatar module configured to permit entities to generate avatars for their accounts, wherein an avatar associates data with an account that is not required to be consistent with the account and not required to be consistent with data in other avatars of that same account. The system includes a transaction module configured to facilitate a plurality of transactions using trusted entity data. The system includes an encryption module configured to encrypt, using a processor, the transaction data with a plurality of paired half-keys.
    Type: Application
    Filed: February 4, 2013
    Publication date: August 8, 2013
    Inventor: Daniel Joseph Lutz