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

Claim 9:
10. A computer system for secure authorization of data transactions represented as state changes in a decentralized computing network including a distributed ledger platform, the system comprising:
at least one computer hardware processor; and
at least one memory device having computer readable instructions stored thereon which,
when executed by the at least one computer hardware processor cause the at least
one computer hardware processor to carry out the following method:

creating a root right expressed in a smart contract code for execution 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 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.