Patents by Inventor Joel Weight

Joel Weight 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).

  • Patent number: 11888975
    Abstract: A system includes processor(s) and memory(s). When encryption key(s) need to be generated to encrypt a key, processor(s): generate encryption key(s); encrypt key using encryption key(s) to generate encrypted key; split encrypted key and encryption key(s) into set(s) of key components, wherein subset of key components can be used to reconstruct encrypted key and encryption key(s); and erase key from memory(s). When encryption key(s) need to be used, processor(s): receive set(s) of key components from subset(s) of users that can be used to reconstruct encrypted key and encryption key(s) used to decrypt key from encrypted key; when set(s) of key components is received from subset(s) of users that can be used to reconstruct encrypted key and encrypted key(s), reconstruct encrypted key and encryption key(s); and when the encrypted key and the encryption key(s) have both been reconstructed, decrypt encrypted key into key using encryption key(s).
    Type: Grant
    Filed: October 11, 2021
    Date of Patent: January 30, 2024
    Assignee: tZERO IP, LLC
    Inventors: Tron Black, Denny Becker, Tyler Perkins, Joel Weight, Jesse Empey
  • Patent number: 11531985
    Abstract: A computing system that includes at least one processor and at least one memory communicatively coupled to the at least one processor is disclosed. The computing system also includes at least one network interface communicatively coupled to the at least one processor and configured to communicate with at least one vault system, each of the at least one vault system storing a respective one of N private keys or key components associated with a customer. The at least one processor is configured to generate, at the customer device, a sweeping transaction that transfers all funds from at least one input transaction address in a customer wallet to a new transaction address. The at least one processor is also configured to sign the sweeping transaction using at least M of N private keys or key components.
    Type: Grant
    Filed: January 17, 2019
    Date of Patent: December 20, 2022
    Assignee: tZERO IP, LLC
    Inventors: Joel Weight, Tron Black, Denny Becker
  • Patent number: 11392940
    Abstract: A computing system that includes at least one processor and at least one memory communicatively coupled to the at least one processor is disclosed. The computing system also includes at least one network interface communicatively coupled to the at least one processor and configured to communicate with at least one vault system, each of the at least one vault system storing a respective one of N private keys or key components associated with a customer. The at least one processor is configured to receive, from each of at least one vault system, a respective private key or key component. The at least one processor is also configured to perform at least one action based on at least M of the N private keys or key components.
    Type: Grant
    Filed: January 17, 2019
    Date of Patent: July 19, 2022
    Assignee: tZERO IP, LLC
    Inventors: Joel Weight, Steven Hopkins, Tron Black, Denny Becker
  • Publication number: 20220029791
    Abstract: A system includes processor(s) and memory(s). When encryption key(s) need to be generated to encrypt a key, processor(s): generate encryption key(s); encrypt key using encryption key(s) to generate encrypted key; split encrypted key and encryption key(s) into set(s) of key components, wherein subset of key components can be used to reconstruct encrypted key and encryption key(s); and erase key from memory(s). When encryption key(s) need to be used, processor(s): receive set(s) of key components from subset(s) of users that can be used to reconstruct encrypted key and encryption key(s) used to decrypt key from encrypted key; when set(s) of key components is received from subset(s) of users that can be used to reconstruct encrypted key and encrypted key(s), reconstruct encrypted key and encryption key(s); and when the encrypted key and the encryption key(s) have both been reconstructed, decrypt encrypted key into key using encryption key(s).
    Type: Application
    Filed: October 11, 2021
    Publication date: January 27, 2022
    Applicant: tZERO IP, LLC
    Inventors: Tron Black, Denny Becker, Tyler Perkins, Joel Weight, Jesse Empey
  • Patent number: 11146392
    Abstract: A system includes processor(s) and memory(s). When encryption key(s) need to be generated to encrypt a key, processor(s): securely generate encryption key(s); encrypt key using encryption key(s) to generate encrypted key; split encrypted key and encryption key(s) into set(s) of key components, wherein subset of key components can be used to reconstruct encrypted key and encryption key(s); and securely erase key from memory(s). When encryption key(s) need to be used, processor(s): receive set(s) of key components from subset(s) of users that can be used to reconstruct encrypted key and encryption key(s) used to securely decrypt key from encrypted key; when set(s) of key components is received from subset(s) of users that can be used to reconstruct encrypted key and encrypted key(s), securely reconstruct encrypted key and encryption key(s); and when the encrypted key and the encryption key(s) have both been reconstructed, securely decrypt encrypted key into key using encryption key(s).
    Type: Grant
    Filed: March 15, 2019
    Date of Patent: October 12, 2021
    Assignee: tZERO IP, LLC
    Inventors: Tron Black, Denny Becker, Tyler Perkins, Joel Weight, Jesse Empey
  • Publication number: 20190288834
    Abstract: A system includes processor(s) and memory(s). When encryption key(s) need to be generated to encrypt a key, processor(s): securely generate encryption key(s); encrypt key using encryption key(s) to generate encrypted key; split encrypted key and encryption key(s) into set(s) of key components, wherein subset of key components can be used to reconstruct encrypted key and encryption key(s); and securely erase key from memory(s). When encryption key(s) need to be used, processor(s): receive set(s) of key components from subset(s) of users that can be used to reconstruct encrypted key and encryption key(s) used to securely decrypt key from encrypted key; when set(s) of key components is received from subset(s) of users that can be used to reconstruct encrypted key and encrypted key(s), securely reconstruct encrypted key and encryption key(s); and when the encrypted key and the encryption key(s) have both been reconstructed, securely decrypt encrypted key into key using encryption key(s).
    Type: Application
    Filed: March 15, 2019
    Publication date: September 19, 2019
    Applicant: Medici Ventures, Inc.
    Inventors: Tron Black, Denny Becker, Tyler Perkins, Joel Weight, Jesse Empey
  • Publication number: 20190220859
    Abstract: A computing system that includes at least one processor and at least one memory communicatively coupled to the at least one processor is disclosed. The computing system also includes at least one network interface communicatively coupled to the at least one processor and configured to communicate with at least one vault system, each of the at least one vault system storing a respective one of N private keys or key components associated with a customer. The at least one processor is configured to generate, at the customer device, a sweeping transaction that transfers all funds from at least one input transaction address in a customer wallet to a new transaction address. The at least one processor is also configured to sign the sweeping transaction using at least M of N private keys or key components.
    Type: Application
    Filed: January 17, 2019
    Publication date: July 18, 2019
    Applicant: Medici Ventures, Inc.
    Inventors: Joel Weight, Tron Black, Denny Becker
  • Publication number: 20190220858
    Abstract: A computing system that includes at least one processor and at least one memory communicatively coupled to the at least one processor is disclosed. The computing system also includes at least one network interface communicatively coupled to the at least one processor and configured to communicate with at least one vault system, each of the at least one vault system storing a respective one of N private keys or key components associated with a customer. The at least one processor is configured to receive, from each of at least one vault system, a respective private key or key component. The at least one processor is also configured to perform at least one action based on at least M of the N private keys or key components.
    Type: Application
    Filed: January 17, 2019
    Publication date: July 18, 2019
    Applicant: Medici Ventures, Inc.
    Inventors: Joel Weight, Steven Hopkins, Tron Black, Denny Becker