Invention Publication
- Patent Title: GATED CONTROL FOR BLOCKCHAIN UNITS
-
Application No.: US18761230Application Date: 2024-07-01
-
Publication No.: US20240354758A1Publication Date: 2024-10-24
- Inventor: Balazs Nemethi
- Applicant: Veri Labs, Inc.
- Applicant Address: US CA Sacramento
- Assignee: Veri Labs, Inc.
- Current Assignee: Veri Labs, Inc.
- Current Assignee Address: US CA Sacramento
- Main IPC: G06Q20/38
- IPC: G06Q20/38 ; G06Q20/40 ; H04L9/32

Abstract:
A process may cause a gated autonomous program protocol to be stored on a blockchain. The gated autonomous program protocol is configured to exchange a blockchain unit with a gated wrapped blockchain unit that is exchangeable among blockchain addresses that satisfy one or more gating requirements. The process may verify that an account associated with a particular blockchain address of the blockchain satisfies the one or more gating requirements. The process may cause an issuance of an on-chain verification proof to the particular blockchain address. The on-chain verification proof may be stored on the blockchain as an on-chain representation that the particular blockchain address is verified with the one or more gating requirements. The gated autonomous program protocol verifies the on-chain verification proof before approving a transaction request associated with the gated wrapped blockchain unit that is initiated by the particular blockchain address.
Information query