DMG’s IP and Patent Portfolio To date, DMG exclusively owns and controls blockchain-specific patent pending technology registered in the United States. A brief summary of DMG’s (including Blockseer) key patents filed are as follows:
- SELECTION OF CRYPTOGRAPHIC IDENTIFIERS IN A BLOCK: Filtering inbound transactions of a blockchain node against a list of cryptographic identifiers, excluding transactions that involve cryptographic identifiers that our data indicates are nefarious activity.
- OFF NETWORK IDENTITY TRACKING IN ANONYMOUS CRYPTOCURRENCY EXCHANGE NETWORKS: A method of facilitating identity information exchanged in cryptocurrency transactions using cryptographically verifiable addresses in a cryptocurrency exchange network along with identity information between the transmitter wallet service system and the recipient wallet service system.
- PROVIDING DATA PROVENANCE, PERMISSIONING, COMPLIANCE, AND ACCESS CONTROL FOR DATA STORAGE SYSTEMS USING AN IMMUTABLE LEDGER OVERLAY NETWORK: A system for data provenance and data storage that allows multiple independent parties (who may not trust each other) to securely share data, track data provenance, maintain audit logs, keep data synchronized, comply with regulations, and handle permissioning and control who can access the data.
- CRYPTO TAINT TRACKING: A method for detecting and tracking tainted cryptographic wallets. The method measures a wallet's propensity to engage in criminal or suspicious activity. Naturally, transacting with a criminal is tantamount either to funding crime or laundering its proceeds, so it is in our collective interest to identify – and then monitor or quarantine – any wallet with criminal association. The method also automatically flags risky withdrawal requests in real-time for further review before committing them to the blockchain.
First Mover Advantage for DMG and its Blockseer Subsidiary
DMG’s acquisition of Blockseer in 2018 was a strategic move based on the future of compliance and good governance in the cryptocurrency space. Blockseer highlights DMG’s foresight to ensure the Company was developing the right technology and products to unlock adoption in advance of regulatory compliance.