Patents Assigned to SECURRENCY, INC.
  • Patent number: 11954212
    Abstract: A method and apparatus for secured, peer-to-peer transfer of data rights over a computer network, the method being accomplished by a distributed computing system including a distributed ledger platform. Root rights are defined and delegated to wallets in a multilevel manner to thereby isolate wallets associated with the root right from cyber risk.
    Type: Grant
    Filed: June 10, 2021
    Date of Patent: April 9, 2024
    Assignee: SECURRENCY, INC.
    Inventor: George Daniel Doney
  • Patent number: 11876915
    Abstract: A method and apparatus for cryptographically linking separated authentication and authorization processes to support data transaction signing when group or corporate authority structures are required. The apparatus provides a secure, scalable model to represent authority in an entity context while conducting distributed ledger technology transactions. The method supports a range of cryptographic methods for separating the linked authentication and authorization processes including split key encryption, multi-party computation, multi-signature authorization, and execution of decentralized smart contract authorization logic. The method supports multiple models for authorization including organizational structures, consensus models including voting, and workflow processes.
    Type: Grant
    Filed: May 27, 2021
    Date of Patent: January 16, 2024
    Assignee: SECURRENCY, INC.
    Inventors: George Daniel Doney, Ihor Yermakov, Ilya Shkapo, Oleksii Korzhuk
  • Patent number: 11757639
    Abstract: A method and apparatus for secured, peer-to-peer transfer of data rights over a computer network, the method being accomplished by a distributed computing system including a distributed ledger platform and an off-chain data host platform. On-chain authorization tokens are used to track data access rights, enforce access policies, and control distribution of encryption keys.
    Type: Grant
    Filed: May 6, 2021
    Date of Patent: September 12, 2023
    Assignee: SECURRENCY, INC.
    Inventors: George Daniel Doney, Ihor Yermakov
  • Publication number: 20230281601
    Abstract: To achieve no code or low code parity in decentralized computing systems, disclosed implementations provide a data structure and trusted control plane that enables the creation and operation of composable objects, that is objects whose functions and properties are derived from configurable and upgradable templates. The templates are data structures that define the behavior of a collection of objects, the behaviors being the interfaces, functions, properties, events, triggers, error messages, and dependencies that define and object and its interaction with other objects and entities. Templates are configured by mapping the desired object behaviors to registered smart contract logic that affects the behaviors. Thus, complex objects can be composed without the need for new computer code. Additional logic to enable new behaviors can be added by authorized smart contract developers and, once certified, added to one or more templates to provide the objects access to the new capabilities.
    Type: Application
    Filed: February 22, 2022
    Publication date: September 7, 2023
    Applicant: SECURRENCY, INC.
    Inventor: George Daniel Doney
  • Patent number: 11710124
    Abstract: A method and apparatus for secured, multi-lateral, assured data transfer over a computer network for the assured exchange of data between counterparties related to qualifying transactions, the method being accomplished by a distributed computing system including a distributed ledger platform and an off-chain data host platform. On-chain authorization tokens are used to track data access rights, enforce access policies, and control distribution of encryption keys.
    Type: Grant
    Filed: March 24, 2021
    Date of Patent: July 25, 2023
    Assignee: SECURRENCY, INC.
    Inventors: George Daniel Doney, Ihor Yermakov, Manuel Rensink
  • Publication number: 20220271936
    Abstract: A framework for managing data on a decentralized network is disclosed. The framework is designed to manage two conflicting forces, openness and control, in order to provide scalable trust on trustless networks. To manage this conflict, a flexible, decentralized governance model is disclosed to enable any DLT user to create and manage data contexts, a virtual boundary for controlling data rights, meaning, and value so as to produce accountable, trusted data with full provenance. The framework does not need to determine who should be trusted, how the trust network forms, or how meaning is developed while providing a governance model by which any authorized user can contribute meaning (properties) and monetize attributable data (attestations).
    Type: Application
    Filed: February 22, 2022
    Publication date: August 25, 2022
    Applicant: SECURRENCY, INC.
    Inventor: George Daniel Doney
  • Publication number: 20220188810
    Abstract: To achieve no code or low code parity in decentralized computing systems, disclosed implementations provide a data structure and trusted control plane that enables the creation and operation of composable objects, that is objects whose functions and properties are derived from configurable and upgradable templates. The templates are data structures that define the behavior of a collection of objects, the behaviors being the interfaces, functions, properties, events, triggers, error messages, and dependencies that define and object and its interaction with other objects and entities. Templates are configured by mapping the desired object behaviors to registered smart contract logic that affects the behaviors. Thus, complex objects can be composed without the need for new computer code. Additional logic to enable new behaviors can be added by authorized smart contract developers and, once certified, added to one or more templates to provide the objects access to the new capabilities.
    Type: Application
    Filed: February 22, 2022
    Publication date: June 16, 2022
    Applicant: SECURRENCY, INC.
    Inventor: George Daniel Doney
  • Patent number: 11038718
    Abstract: A method and apparatus for providing communications between dissimilar computing networks, such as distributed ledger networks. A ledger-agnostic overlay network and computing architecture spans a range of digital communication networks including transaction only DLT networks like Bitcoin's DLT, smart contract based DLT like Ethereum, and also traditional centralized systems. Implementations communicate transaction information across heterogeneous jurisdictional boundaries, payment networks, banking systems, public and private distributed ledgers, internal corporate accounting systems, and exchanges.
    Type: Grant
    Filed: April 29, 2020
    Date of Patent: June 15, 2021
    Assignee: SECURRENCY, INC.
    Inventors: George Daniel Doney, Illya Shkapo
  • Publication number: 20200334752
    Abstract: An apparatus, computer-readable medium, and computer-implemented method for configuring computing systems to facilitate decentralized asset management for individual assets and composite assets such as funds. Implementations include smart contract interfaces to link fungible tokens to non-fungible asset tokens to decouple securities transaction logic and corporate functions from asset management to facilitate code reuse. Additionally, the embodied process uses token nesting to enable homogeneous or heterogeneous assets to be combined into a fund structure, and further for funds to be composed into fund of fund models. The flexible structure enables automation of fund management and is designed to facilitate broad investor access to innovative asset management strategies that leverage the disclosed structure.
    Type: Application
    Filed: April 17, 2020
    Publication date: October 22, 2020
    Applicant: SECURRENCY, INC.
    Inventors: George Daniel Doney, Ihor Yermakov
  • Publication number: 20190318427
    Abstract: An apparatus, computer-readable medium, and computer-implemented method for creating collateralized portfolios. A portfolio is a collection of income-producing assets. These income-producing assets are a derivative of primary sources such as real property. A portfolio is generated through transactions that exchange estimated asset value for liquid instruments in the portfolio. Asset valuation is determined through known pricing functions. Transaction elasticity is provided by liquid instruments (reserve funds and portfolio-owned shares) held in reserve in the portfolio's reservoir which provides a market smoothing function to gracefully adapt to changes in asset demand and risk. Each portfolio's reservoir is collectively owned by the shareholders; continuously replenishing itself with income generated by assets in the portfolio.
    Type: Application
    Filed: April 22, 2019
    Publication date: October 17, 2019
    Applicant: SECURRENCY, INC.
    Inventor: George Daniel Doney
  • Publication number: 20190244298
    Abstract: An apparatus, computer-readable medium, and computer-implemented method for creating collateralized portfolios. A portfolio is a collection of income-producing assets. These income-producing assets are a derivative of primary sources such as real property. A portfolio is generated through transactions that exchange estimated asset value for liquid instruments in the portfolio. Asset valuation is determined through known pricing functions. Transaction elasticity is provided by liquid instruments (reserve funds and portfolio-owned shares) held in reserve in the portfolio's reservoir which provides a market smoothing function to gracefully adapt to changes in asset demand and risk. Each portfolio's reservoir is collectively owned by the shareholders; continuously replenishing itself with income generated by assets in the portfolio.
    Type: Application
    Filed: April 22, 2019
    Publication date: August 8, 2019
    Applicant: SECURRENCY, INC.
    Inventor: George Daniel Doney