Influential HYPR Corp. Blockchain Patent – Federated identity management with decentralized computing platforms – US11057366

U.S. Patent 11057366 was awarded to HYPR Corp. on July 06, 2021 and is entitled “Federated identity management with decentralized computing platforms.” The first named inventor is Bojan Simic of New York, NY. The abstract contains an overview of the patent disclosure:

Provided is a process that establishes user identities within a decentralized data store, like a blockchain. A user’s mobile device may establish credential values within a trusted execution environment of the mobile device. Representations of those credentials may be generated on the mobile device and transmitted for storage in association with an identity of the user established on the blockchain. Similarly, one or more key-pairs may be generated or otherwise used by the mobile device for signatures and signature verification. Private keys may remain resident on the device (or known and input by the user) while corresponding public keys may be stored in association with the user identity on the blockchain. A private key is used to sign representations of credentials and other values as a proof of knowledge of the private key and credential values for authentication of the user to the user identity on the blockchain. Link to Full Patent

This blockchain patent was originally filed on April 02, 2019  as U.S. Patent Application 16/373561 at the United Stated Patent and Trademark Office. The application was them awarded a patent grant and published as U.S. Patent 11057366. The primary examiner was Maung T Lwin.

HYPR Corp., who is the original assignee of this patent, has at least 10 total granted patents in the United States as of the date of this article. This blockchain patent has been cited 0 times by other U.S. patents according to our law firm research, and can be considered an innovative patent in the field of cryptocurrency and blockchain.

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