Patents Assigned to BLACKBEARD DEVELOPMENT GROUP, LLC
  • Patent number: 12555100
    Abstract: A method, apparatus, and computer-readable medium for generating a proxy token, including receiving a proxy token initiation message from an entity on the computer network, the proxy token initiation message referencing an existing token stored on a distributed storage system, determining whether the entity controls a private key required to transfer the existing token to a different location on the distributed storage system, generating a platform signature based at least in part on a determination that the entity controls a private key required to transfer the existing token to a different location on the distributed storage system, and transmitting a proxy token generation message, the proxy token generation message comprising the platform signature, the proxy token being generated based at least in part on the transmission of the proxy token generation message and the platform signature, and the proxy token being linked in a memory to the existing token.
    Type: Grant
    Filed: February 16, 2024
    Date of Patent: February 17, 2026
    Assignee: BLACKBEARD DEVELOPMENT GROUP, LLC
    Inventor: Richard Ryan