Patent ID: 11954212
Assignee: SECURRENCY, INC.
Field: Computer technology (Electrical engineering)
Classification: CPC G  H | IPC G  H

Claim 0:
1. A method for secure authorization of data transactions represented as state changes in a decentralized computing network including a distributed ledger platform, the method comprising:
creating a root right expressed in a smart contract code executed on the decentralized computing network, the root right permitting execution of specified functions to thereby create an immutable right;
delegating a right to permit execution of at least one of the specified functions from the root right to a wallet on the decentralized computing network to create a delegated right allowing the wallet to sign transactions corresponding to the at least one of the specified functions, wherein the delegated right is configured to be revoked or reassigned by the root right;
recording a data structure in a delegation registry that represents the delegated right; and
authorizing a transaction on the decentralized computing network by signing the transaction with the wallet to thereby exercise the delegated right.