Proxy System Mediated Legacy Transactions Using Multi-tenant Transaction Database

  • Published: Jun 22, 2017
  • Earliest Priority: Dec 18 2015
  • Family: 1
  • Cited Works: 0
  • Cited by: 4
  • Cites: 0
  • Additional Info: Full text
Abstract

One embodiment provides a method for proxy system mediated legacy transactions using multi-tenant transaction database, including: utilizing at least one processor to execute computer code that performs the steps of: ascertaining, using a processor associated with a proxy system, that a first transacting entity and a second transacting entity have placed a transaction on a multi-tenant transaction database, the transaction including transfer of a legacy asset; decrypting, using a processor associated with the proxy system, a legacy system account access credential of the second transacting entity included in the transaction, the decrypting comprising recovery of a function of a public key corresponding to a private key associated with the second transacting entity; confirming, using a processor associated with the proxy system, that the legacy system account credential authorizes the second transacting entity to transfer the legacy asset; and transferring, using a processor associated with the proxy system, the legacy asset from the second transacting entity to the first transacting entity. Other aspects are described and claimed.


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Document History
  • Publication: Jun 22, 2017
  • Application: Dec 18, 2015
    US US 201514975066 A
  • Priority: Dec 18, 2015
    US US 201514975066 A

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