US Patent Application: Blockchain Asset Transfer Authentication
Summary
USPTO published patent application US20260111866A1 (filed November 5, 2025, inventor Charles Christian Bedford) covering a method for authenticating blockchain asset transfers using a blockchain-independent authentication mechanism. The system receives a transfer request, verifies it through an external authenticator, and records both the authentication record and the asset transfer in the blockchain ledger with a link between the two. This application represents a new method patent in the blockchain and payments space and has not yet been examined or granted.
“recording the asset transfer in the first blockchain system, the asset transfer being recorded by storing the authentication record and a record of the asset transfer in a first ledger of the first blockchain system, wherein recording the asset transfer includes associating an instance of the record of the asset transfer that is stored in the first ledger of the first blockchain system with an instance of the authentication record that is stored in the first ledger of the first blockchain system”
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GovPing monitors USPTO Patent Applications - Business Methods (G06Q) for new banking & finance regulatory changes. Every update since tracking began is archived, classified, and available as free RSS or email alerts — 33 changes logged to date.
What changed
This document publishes a new patent application by Charles Christian Bedford covering a blockchain asset transfer authentication method. The invention describes receiving a transfer request from a remote device, authenticating it via a mechanism independent of the blockchain system, and recording the asset transfer and authentication record together in the first ledger of the blockchain system, with the two records associated with each other. The CPC classifications indicate relevance to payment networks, supply chain management, financial settlement, and transaction security.
Technology companies developing blockchain-based financial services, payment platforms, or asset transfer systems should monitor this application as it proceeds through examination. If granted, the patent could cover authentication methods that combine off-chain verification with on-chain recording for blockchain transactions. This is an application only — it has not been examined and may be rejected, amended, or abandoned during prosecution.
Archived snapshot
Apr 24, 2026GovPing captured this document from the original source. If the source has since changed or been removed, this is the text as it existed at that time.
SYSTEM, METHOD AND DEVICE FOR PROCESSING A TRANSACTION
Application US20260111866A1 Kind: A1 Apr 23, 2026
Inventors
Charles Christian Bedford
Abstract
A method for use in a computing device, comprising: receiving, from a remote device, a request to record an asset transfer in a first blockchain system; authenticating the request by using an authentication mechanism that is independent of the first blockchain system and obtaining an authentication record indicating that the request has been authenticated successfully; and recording the asset transfer in the first blockchain system, the asset transfer being recorded by storing the authentication record and a record of the asset transfer in a first ledger of the first blockchain system, wherein recording the asset transfer includes associating an instance of the record of the asset transfer that is stored in the first ledger of the first blockchain system with an instance of the authentication record that is stored in the first ledger of the first blockchain system.
CPC Classifications
G06Q 20/203 G06Q 10/087 G06Q 20/38215 G06Q 20/4014
Filing Date
2025-11-05
Application No.
19380802
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