Virtual Hold Technology Solutions Assigned Patent

Virtual Hold Technology Solutions, LLC, Akron, OH, has been assigned a patent (11785143) developed by DiMaria, Matthew, Brentwood, TN, Lekas, Shannon, Cushing, TX, and Bohannon, Daniel, Livermore, CA, for “system and method for secure storage and management of transitory data using a blockchain.“

The abstract of the patent published by the U.S. Patent and Trademark Office states: “A system and method for secure storage and management of transitory data using a blockchain, comprising at least a callback manager, a context analysis engine, a vault manager, and a blockchain manager, which allows a user to create a data container to store data preferences, which encrypts the data stored within a data container, and which stores the encrypted data container in a blockchain. For each block, block reference data may is generated comprising the location of the block and its associated decryption key, and the block reference data is then encrypted with a second encryption key and stored off the blockchain in a separate database. The second key is distributed to involved parties to permit access to and reading of the block reference data. The block reference data is deleted based on self-destruct event triggers or when the involved parties are finished accessing the block reference data.”

The patent application was filed on 2023-01-31 (18/162612).