SYSTEMS AND METHODS FOR EXTENDING IDENTITY ATTRIBUTES AND AUTHENTICATION FACTORS IN AN ePAYMENT ADDRESS REGISTRY

• US 20160034896A1
• Filed: 10/14/2015
• Published: 02/04/2016
• Est. Priority Date: 02/28/2003
• Status: Abandoned Application

• Current Assignee: Intercontinental Exchange Holdings, Inc. (Intercontinental Exchange, Inc.)
• Original Assignee: Intercontinental Exchange Holdings, Inc. (Intercontinental Exchange, Inc.)
• Inventors: O'Brien, Richard J., Gallant, Andrew
• Application Number:
  US14/882,674
• Publication Number:
  US 20160034896A1
• Time in Patent Office: Days
• US Class Current: 1/1
• CPC Class Codes: G06F 16/951 Indexing; Web crawling techniques
• CPC Class Codes: G06Q 10/10 Office automation; Time management
• CPC Class Codes: G06Q 20/02 involving a neutral party, e.g. certification authority, notary or trusted third party [TTP]
• CPC Class Codes: G06Q 20/065 using e-cash
• CPC Class Codes: G06Q 20/227 characterised in that multiple accounts are available, e.g. to the payer
• CPC Class Codes: G06Q 20/24 Credit schemes, i.e. "pay after"
• CPC Class Codes: G06Q 20/381 Currency conversion
• CPC Class Codes: G06Q 20/3829 involving key management
• CPC Class Codes: G06Q 20/385 using an alias or single-use codes
• CPC Class Codes: G06Q 20/4014 Identity check for transactions
• CPC Class Codes: G06Q 2220/00 Business processing using cryptography
• CPC Class Codes: G06Q 40/02 Banking, e.g. interest calculation or account maintenance credit or loans G06Q40/03
• CPC Class Codes: G06Q 40/04 Trading; Exchange, e.g. stocks, commodities, derivatives or currency exchange
• CPC Class Codes: G06Q 50/265 Personal security, identity or safety
• CPC Class Codes: G16H 10/60 for patient-specific data, e.g. for electronic patient records
• CPC Class Codes: H04L 2209/56 Financial cryptography, e.g. electronic payment or e-cash
• CPC Class Codes: H04L 63/0435 wherein the sending and receiving network entities apply symmetric encryption, i.e. same key used for encryption and decryption cryptographic mechanisms or cryptographic arrangements for symmetric key encryption H04L9/06
• CPC Class Codes: H04L 63/083 using passwords cryptographic mechanisms or cryptographic arrangements for entity authentication using a predetermined code H04L9/3226
• CPC Class Codes: H04L 63/0876 based on the identity of the terminal or configuration, e.g. MAC address, hardware or software configuration or device fingerprint
• CPC Class Codes: H04L 9/006 involving public key infrastructure [PKI] trust models network architecture or network communication protocol for supporting authentication of entities using certificates in a packet data network H04L63/0823
• CPC Class Codes: H04L 9/14 : using a plurality of keys or algorithms
• CPC Class Codes: H04L 9/30 : Public key, i.e. encryption algorithm being computationally infeasible to invert or user's encryption keys not requiring secrecy
• CPC Class Codes: H04L 9/3226 : using a predetermined code, e.g. password, passphrase or PIN network architectures or network communication protocols for supporting authentication of entities using passwords in a packet data network H04L63/083

Abstract

The present invention relates to a network of registries that are: synchronized in whole or in part to a root registry; and are compilations of registrant data from accredited Identity Providers that accept liability for registering verified and accurate identity attributes. Registries associate a unique identifier with: a financial account owner'"'"'s Personally Identifying Information; one or more linked publicly discoverable ePayment addresses to an account at a Financial Institution and a financial account owner'"'"'s profile of preferences related to the capture, handling, transfer and storage of monetary and informational assets. Preferences extensions include: operating instructions and rule sets; and authentication factors that may make use of time sensitive data at one or more institutions.

Claims

1. A system for improving an efficiency of electronic information transfers, comprising:

a plurality of electronic servers connected to a communication network, each electronic server comprising a non-transitory memory storing computer-readable instructions that, when executed by a processor, cause the plurality of electronic servers to;

receive transaction information from a first entity computer of a first entity via the communication network, the transaction information including a unique identifier associated with at least one of the first entity and a second entity, the transaction information indicating a transfer of asset information among the first entity and the second entity,

aggregate the received transaction information from the first entity computer with previous transaction information, and

generate and transmit, over the communication network, a communication that includes at least a portion of the transaction information received from the first entity computer; and

a second entity computer of the second entity connected to the communication network, the second entity computer configured to receive the communication via the communication network and electronically complete the indicated transfer responsive to the received communication.

2. The system of claim 1, wherein the asset information includes a decentralized nonmonetary unit of value.

3. The system of claim 2, wherein the decentralized nonmonetary unit of value includes a Bitcoin.

4. The system of claim 2, further comprising a third entity computer connected to the communication network, wherein the third entity computer is configured to convert the completed transfer of asset information from the decentralized nonmonetary unit of value to a centralized monetary unit of value.

5. The system of claim 1, wherein at least one of the first entity and the second entity comprises a party, a counterparty, a financial institution or an exchange.

6. The system of claim 1, wherein the unique identifier includes at least one of an anonymized or hashed unique identifier.

7. The system of claim 1, wherein the unique identifier is linked to a public encryption key associated with a corresponding entity among the first entity and the second entity.

8. The system of claim 1, wherein the unique identifier is linked to at least one of an account of a corresponding entity among the first entity and the second entity and a corresponding entity computer among the first entity computer and the second entity computer.

9. The system of claim 1, wherein the unique identifier is linked to an electronic payment address associated with a corresponding entity among the first entity and the second entity.

10. The system of claim 9, wherein the electronic payment address comprises at least one of a masked, hashed or tokenized electronic payment address.

11. The system of claim 9, wherein the electronic payment address includes a Bitcoin address.

12. The system of claim 9, wherein the electronic payment address comprises a publically discoverable electronic payment address.

13. The system of claim 1, wherein the unique identifier is linked to a rule set associated with a corresponding entity among the first entity and the second entity, the rule set including at least one permission for accessing the transaction information within at least one community of interest.

14. The system of claim 13, wherein the rule set includes at least one information containment rule to restrict the transaction information from being transferred beyond the at least one community of interest.

15. The system of claim 1, wherein the transfer of asset information comprises a financial transaction.

16. The system of claim 15, wherein the financial transaction comprises a trade.

17. An automated computer-implemented method for improving an efficiency of electronic information transfers via a plurality of electronic servers connected to a communication network, each electronic server comprising a non-transitory memory storing computer-readable instructions executed by a processor, the method comprising:

receiving, by the plurality of electronic servers, transaction information from a first entity computer of a first entity via the communication network, the transaction information including a unique identifier associated with at least one of the first entity and a second entity, the transaction information indicating a transfer of asset information among the first entity and the second entity;

aggregating, by the plurality of electronic servers, the received transaction information from the first entity computer with previous transaction information;

generating and transmitting, by the plurality of electronic servers, over the communication network, a communication that includes at least a portion of the transaction information received from the first entity computer;

receiving, by a second entity computer of the second entity connected to the communication network, the communication via the communication network; and

electronically completing, by the second entity computer, the indicated transfer responsive to the received communication.

18. The method of claim 17, wherein the asset information includes a decentralized nonmonetary unit of value.

19. The method of claim 18, wherein the decentralized nonmonetary unit of value includes a Bitcoin.

20. The method of claim 18, the method further including converting, by a third entity computer connected to the communication network, the completed transfer of asset information from the decentralized nonmonetary unit of value to a centralized monetary unit of value.

21. The method of claim 17, wherein at least one of the first entity and the second entity comprises a party, a counterparty, a financial institution or an exchange.

22. The method of claim 17, wherein the unique identifier includes at least one of an anonymized or hashed unique identifier.

23. The method of claim 17, wherein the unique identifier is at least one of:

linked to a public encryption key associated with a corresponding entity among the first entity and the second entity;

linked to at least one of an account of a corresponding entity among the first entity and the second entity and a corresponding entity computer among the first entity computer and the second entity computer;

or

linked to an electronic payment address associated with a corresponding entity among the first entity and the second entity.

24. The method of claim 23, wherein the electronic payment address comprises at least one of a masked, hashed or tokenized electronic payment address.

25. The method of claim 23, wherein the electronic payment address includes at least one of a Bitcoin address or a publically discoverable electronic payment address.

26. The method of claim 17, wherein the unique identifier is linked to a rule set associated with a corresponding entity among the first entity and the second entity, the rule set including at least one permission for accessing the transaction information within at least one community of interest.

27. The method of claim 26, wherein the rule set includes at least one information containment rule to restrict the transaction information from being transferred beyond the at least one community of interest.

28. The method of claim 17, wherein the transfer of asset information comprises a financial transaction.

29. The method of claim 28, wherein the financial transaction comprises a trade.

30. A non-transitory computer-readable storage medium programmed to include computer readable instructions that, when executed by one or more processors, cause a plurality of electronic servers to perform functions including functions to:

receive transaction information from a first entity computer of a first entity via a communication network, the transaction information including a unique identifier associated with at least one of the first entity and a second entity, the transaction information indicating a transfer of asset information among the first entity and the second entity;

aggregate the received transaction information from the first entity computer with previous transaction information; and

generate and transmit, over the communication network, a communication that includes at least a portion of the transaction information received from the first entity computer,

wherein execution of the computer readable instructions by the one or more processors further cause a second entity computer of the second entity connected to the communication network to perform functions including functions to receive the communication via the communication network and electronically complete the indicated transfer responsive to the received communication.