Patent ID: 11972420
Assignee: nan
Field: IT methods for management (Electrical engineering)
Classification: CPC G  H | IPC G  H

Claim 8:
9. A method, comprising:
receiving, at a processor, a request to transfer a payment including a sender asset token from an account on a distributed ledger-based network (DLN) of a sender to an account on the DLN of a recipient;
generating, via the processor and in response to the request, a recipient token commitment via an application of a hashing function on a recipient asset token, a public identifier on the DLN of the recipient and a random nonce;
transmitting, via the processor and to a compute device that is not part of the DLN, a representation of a first zero-knowledge proof (ZKP), generated using a DLN address associated with a third party, that:
the recipient token commitment is generated via an application of a hashing function on the recipient asset token, the public identifier on the DLN of the recipient and the random nonce; and

receiving, (1) at the processor, (2) upon verification of the first ZKP, and (3) after a second ZKP generated by the third party is verified on the DLN, a confirmation confirming the transfer of the payment from the sender account to the recipient account after the recipient token commitment is added by a self-executing code segment on the DLN onto a token commitments data structure on the DLN, the second ZKP including a proof that the first ZKP is verified by the third party.