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

Claim 16:
17. A method, comprising:
retrieving, via a processor of a relayer compute device associated with a third party, (1) a recipient token commitment generated via an application of a hashing function on a recipient asset token, a public identifier on a distributed ledger-based network (DLN) of an intended recipient of the recipient token commitment and a random nonce, and (2) a representation of a first zero-knowledge proof (ZKP) that the recipient token commitment is generated via an application of the hashing function on the recipient asset token, the public identifier on the DLN of the intended recipient of the recipient token commitment and the random nonce, the first ZKP generated using a DLN address associated with the third party as a public input of the first ZKP;
verifying the first ZKP in response to retrieving the first ZKP;
generating, via the processor, a second ZKP proving that the first ZKP is verified by the third party;
submitting, to a self-executing code segment on the DLN, the first ZKP, the second ZKP and the recipient token commitment; and
receiving, from the self-executing code segment, a transaction fee for submitting the first ZKP, the second ZKP and the recipient token commitment, after the self-executing code segment verifies at least one of the first ZKP or the second ZKP.