Patents by Inventor Ihor Yermakov

Ihor Yermakov 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: 20240171408
    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: Application
    Filed: January 12, 2024
    Publication date: May 23, 2024
    Applicant: Securrency, Inc.
    Inventors: George Daniel Doney, Ihor Yermakov, Ilya Shkapo, Oleksii Korzhuk
  • 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
  • Publication number: 20240005316
    Abstract: One of the drawbacks of Distributed Ledger Technology (DLT) is the conflation of authorization and authentication of transactions on a distributed ledger. The present invention includes a highly adaptable method and system for separating, but cryptographically linking, the authentication and authorization process of signing a transaction of a distributed ledger. The present invention facilitates group authority, common in corporate structures, for proposed transactions, voting models, and even workflow decision making. The present invention supports implementation of a variety of known authorization models into a decentralized network.
    Type: Application
    Filed: September 18, 2023
    Publication date: January 4, 2024
    Applicant: Securrency, Inc.
    Inventors: George Daniel Doney, Ihor Yermakov, Ilya Shkapo, Oleksii Korzhuk
  • Publication number: 20230421543
    Abstract: A method and apparatus for secured, peer-to-peer transfer of data rights over a computer network, the method being accomplished by a decentralized computing system including a distributed ledger platform and an off-chain data host platform. A data owner authorizes the minting and distribution of an on-chain authorization token using the distributed ledger. The authorization token includes primary and secondary encryption levels to ensure secure data transfer. The authorization tokens are used to track data access rights, enforce access policies, and control distribution of encryption keys transferred between the data owner, an administrator, a recipient, and/or a delegate.
    Type: Application
    Filed: September 8, 2023
    Publication date: December 28, 2023
    Applicant: Securrency, Inc.
    Inventors: George Daniel Doney, Ihor Yermakov
  • Publication number: 20230360042
    Abstract: A system and method 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: Application
    Filed: July 20, 2023
    Publication date: November 9, 2023
    Applicant: Securrency, Inc.
    Inventors: George Daniel Doney, Ihor Yermakov, Manuel Rensink
  • Publication number: 20230342849
    Abstract: An apparatus, computer-readable medium, and computer-implemented method to facilitate scalable compliance and issuer governance of decentralized financial transactions especially for the trade and transfer of tokenized securities. The resulting Compliance Aware Tokens contain the rulesets to restrict transactions and facilitate regulatory reporting and oversight. The embodied process, includes of a novel combination of compliance workflows, attribute verification tools, smart contracts and other ledger controls, provides a decentralized Attribute Based Access Control (ABAC) capability. ABAC patterns are extended to govern global financial transactions without the need for an active intermediary.
    Type: Application
    Filed: June 28, 2023
    Publication date: October 26, 2023
    Applicant: Securrency, Inc.
    Inventors: George Daniel Doney, Ihor Yermakov
  • 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
  • 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
  • Patent number: 11410235
    Abstract: An apparatus, computer-readable medium, and computer-implemented method to facilitate scalable compliance and issuer governance of decentralized financial transactions especially for the trade and transfer of tokenized securities. The resulting Compliance Aware Tokens contain the rulesets to restrict transactions and facilitate regulatory reporting and oversight. The embodied process, includes of a novel combination of compliance workflows, attribute verification tools, smart contracts and other ledger controls, provides a decentralized Attribute Based Access Control (ABAC) capability. ABAC patterns are extended to govern global financial transactions without the need for an active intermediary.
    Type: Grant
    Filed: September 26, 2018
    Date of Patent: August 9, 2022
    Assignee: Securrency, Inc.
    Inventors: George Daniel Doney, Ihor Yermakov
  • Publication number: 20210377045
    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: Application
    Filed: May 27, 2021
    Publication date: December 2, 2021
    Inventors: George Daniel Doney, Ihor Yermakov, Ilya Shkapo, Oleksii Korzhuk
  • Publication number: 20210377028
    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: Application
    Filed: May 6, 2021
    Publication date: December 2, 2021
    Inventors: George Daniel Doney, Ihor Yermakov
  • Publication number: 20210304200
    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: Application
    Filed: March 24, 2021
    Publication date: September 30, 2021
    Inventors: George Daniel Doney, Ihor Yermakov, Manuel Rensink
  • Publication number: 20210042836
    Abstract: An apparatus, computer-readable medium, and computer-implemented method to facilitate scalable compliance and issuer governance of decentralized financial transactions especially for the trade and transfer of tokenized securities. The resulting Compliance Aware Tokens contain the rulesets to restrict transactions and facilitate regulatory reporting and oversight. The embodied process, includes of a novel combination of compliance workflows, attribute verification tools, smart contracts and other ledger controls, provides a decentralized Attribute Based Access Control (ABAC) capability. ABAC patterns are extended to govern global financial transactions without the need for an active intermediary.
    Type: Application
    Filed: October 29, 2020
    Publication date: February 11, 2021
    Inventors: George Daniel Doney, Ihor Yermakov
  • 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: 20190164151
    Abstract: An apparatus, computer-readable medium, and computer-implemented method to facilitate scalable compliance and issuer governance of decentralized financial transactions especially for the trade and transfer of tokenized securities. The resulting Compliance Aware Tokens contain the rulesets to restrict transactions and facilitate regulatory reporting and oversight. The embodied process, includes of a novel combination of compliance workflows, attribute verification tools, smart contracts and other ledger controls, provides a decentralized Attribute Based Access Control (ABAC) capability. ABAC patterns are extended to govern global financial transactions without the need for an active intermediary.
    Type: Application
    Filed: September 26, 2018
    Publication date: May 30, 2019
    Applicant: Securrency
    Inventors: George Daniel Doney, Ihor Yermakov