System, method and program product for generating and utilizing stable value digital assets

FIELD

The present invention generally relates to the use of a stable value digital asset to pay dividends or other payments for securities and other financial instruments or investments tied to a blockchain. In embodiments, the present invention relates to specific applications of stable value digital asset tokens tied to a blockchain. In embodiments, the present invention relates to specific applications of cross-blockchain interaction and stable value digital asset tokens.

BACKGROUND

In recent times, using blockchain technology, peer-to-peer networks and/or tokens to track inventory, including potentially, equities or shares in a fund has been a subject of a lot of discussion. Moreover, the use of smart contracts to generate tokens (such as security tokens) on a blockchain have also become the subject of a lot of discussion.

However, current blockchain technology (and other peer-to-peer networks), as implemented, do not have adequate technological solutions to paying interest, dividends, royalties and/or other forms of payouts on such investments in a stable value digital asset, asset-backed digital asset, and/or a fiat-backed digital asset which is tied to the same blockchain and/or peer-to-peer network as security tokens.

Further, current blockchain technology, as implemented, does not have adequate technological solutions to provide for modifying a supply of stable value digital assets, asset-backed digital assets, and/or fiat-backed digital assets in the context of directly printing such digital asset tokens to one or more customers or security token holders.

Accordingly, it would be beneficial to provide a method and system that provide for making payments (interest, dividends, royalties, to name a few) on digital assets that avoid one or more of the problems discussed above.

Accordingly, it would also be beneficial to provide for a method, system and program product that provide for modifying a supply of stable value digital assets and/or fiat-backed digital assets in the context of directly printing such digital asset to one or more customers, or security token holders, using blockchain technology (or other peer-to-peer technology) and thus avoid the problems discussed above.

SUMMARY

An object of embodiments of the present invention is to address technological challenges that currently exist in making payments (such as interest, dividends, royalties or other payments) on digital assets tied to a blockchain technology or other peer-to-peer networks.

An object of the present invention is to address technological challenges that currently exist in modifying a supply of stable value digital asset tokens tied to underlying blockchain technology associated with another digital asset.

This and other objects shall be addressed by embodiments of the present invention as set forth herein.

In embodiments, the present invention generally relates to the use of stable value digital assets and/or fiat-backed digital assets as cryptocurrencies that can be linked to other digital assets using blockchain technology and/or through a peer-to-peer network. In embodiments, the present invention relates to specific applications of fiat-backed digital assets and/or stable value digital asset tokens tied to a peer-to-peer network, such as a blockchain network.

A stable value digital asset token (e.g., SVCoin) is provided which may be pegged to a fiat currency such as USD, Euro, Yen, to name a few. For example, 1 SVCoin will have a net asset value (“NAV”) of $1 USD. In embodiments, 100 SVCoins may have a NAV of $1 USD, so that 1 SVCoin has a NAV of 1 penny. Unlike BITCOIN and many other crypto protocols, the SVCoin will not have a natural cap (e.g., 22 million BITCOINs) and, because it is pegged to a fiat currency, it will not fluctuate in value against such fiat currency as is typical of many crypto currencies.

In embodiments, the SVCoin can be issued by a trusted entity, like a digital asset exchange, bank, or other trusted entity using a token on an established blockchain, like ETHER or BITCOIN, and smart contract technology. Thus, for example, a buyer can provide the trusted entity (e.g., digital asset exchange, bank, etc.) with a fixed sum of fiat (e.g., 50 USD) and in return be issued a corresponding fixed sum of SVCoin (e.g., 50 SVCoin). In embodiments, the digital asset exchange can be a regulated trust, such as Gemini Trust Company LLC (“Gemini”). In embodiments, other types of trusted entities (e.g., banks, trusts, etc.) may also be used to issue, administer, redeem, and/or otherwise manage the SVCoin. In embodiments, the trusted entity (digital asset exchange, bank, etc.) can charge a processing fee for issuing the SVCoin either in fiat or in a digital asset, such as the SVCoin. In embodiments, fiat deposited to the trusted entity (e.g., digital asset exchange) is maintained by the trusted entity on par with the amounts deposited. Thus, in embodiments, SVCoin is collateralized by fiat. SVCoin holders can also exchange SVCoin for fiat on the same notional basis with the trusted entity.

An asset-backed digital asset is a digital asset which associated with one or more other assets. Examples of such other assets include one or more types of digital asset, one or more types of fiat, one or more commodity and/or a combination thereof. In embodiments, the asset backed digital asset may be issued by a trusted entity, such as a digital asset exchange, administrator, bank, association, or other trusted entity, which holds or otherwise maintains custody of one or more forms of fiat (e.g., U.S. Dollars, Euros, Yen, Pounds, and/or Chinese Yuan, to name a few), digital asset or other commodity. In embodiments, an asset-backed digital asset is a digital asset may be associated with another digital asset, preferably based on a predetermined ratio of the asset-backed digital asset to the other digital asset or assets. Examples of asset backed digital assets include digital asset security tokens, stable value digital assets, math-based digital assets, fiat, and/or a combination thereof.

A stable value digital asset may be associated with currency. In embodiments the stable value digital asset may be associated with currency based on a predetermined ratio of stable value digital asset to currency. In embodiments the currency may in include one or more fiat. In embodiments, the currency may include one or more cryptocurrencies.

In embodiments, a method may comprise: (a) authenticating, by an administrator computer system associated with an administrator, an access request by a first user device associated with a first user, to the administrator computer system, wherein the administrator computer system is operatively connected to one or more databases which include: i. a first electronic ledger associated with a first digital asset maintained on a first distributed public transaction ledger in the form of a first blockchain that is maintained by a first blockchain network including a first plurality of geographically distributed computer systems in a first peer-to-peer network; ii. a second electronic ledger associated with a second digital asset maintained on a second distributed public transaction ledger in the form of a second blockchain that is maintained by a second blockchain network including a second plurality of geographically distributed computer systems in a second peer-to-peer network, wherein a ratio of second digital asset to first digital asset is a predetermined fixed ratio, and wherein authenticating the access request received from the first user device comprises the steps of: (1) receiving, by the administrator computer system from the first user device, an authentication request including first user credential information associated with the first user; (2) determining, by the administrator computer system, that the first user device is authorized to access the administrator computer system based at least in part on the first user credential information; (3) generating, by the administrator computer system, first machine-executable instructions including first graphical user interface information associated with a first graphical user interface; (4) transmitting, from the administrator computer system to the first user device, the first machine-executable instructions, wherein, upon execution of the first machine-executable instructions, the first user device displays the first graphical user interface; (b) receiving, by the digital asset computer system from the first user device, a first request to, in exchange for a first amount of the first digital asset, obtain a second amount of the second digital asset, comprising the steps of: (1) receiving, by the administrator computer system from the first user device, the first request; (2) verifying, by the administrator computer system, the first request by determining the first user has at least the first amount of the first digital asset based on reference to the first electronic ledger; (3) generating, by the administrator computer system, a first transaction request including first instructions to generate a first designated public address on the first blockchain, wherein the administrator computer system digitally signs the first transaction request with a first private key associated with the administrator; (4) publishing, by the administrator computer system, the first transaction request such that the first plurality of geographically distributed computer systems in the first peer-to-peer network verify the first transaction request and execute the first instructions by generating first designated address information including a first designated key pair associated with a first designated public address on the first blockchain; (5) obtaining, by the administrator computer system based on reference to the first blockchain, first designated address information; (6) generating, by the administrator computer system, a first message including instructions for the first user to transfer the first amount of the first digital asset to the first designated public address on the first blockchain; and (7) sending, by the administrator computer system to the first user device, the first message; (c) confirming, by the administrator computer system based on reference to the first blockchain, a first deposit of the first amount of the first digital asset by performing the steps of: (1) monitoring the first designated public address on the first blockchain; and (2) determining the first amount of the first digital asset was received at the first designated public address; (d) issuing, by the administrator computer system, the second amount of the second digital asset by performing the steps of: (1) generating, by the administrator computer system, a second transaction request including second instructions to: (i) transfer a third amount of the first digital asset from the first designated public address to a reserve public address on the first blockchain; (ii) transfer a fourth amount of the first digital asset from the first designated public address to a first exchange public address [FEES] on the first blockchain, wherein the administrator computer system digitally signs the second transaction request with a second private key associated with the administrator; (2) publishing, by the administrator computer system, the second transaction request such that the first plurality of geographically distributed computer systems in the first peer-to-peer network verify the second transaction request and execute the second instructions; (3) confirming, by the administrator computer system, the second transaction request was executed based on reference to the first blockchain; (4) obtaining, by the administrator computer system, first transaction information based on reference to the first blockchain, the first transaction information indicating the confirmed transfers of the first amount of the first digital asset, the third amount of the first digital asset, and the fourth amount of the first digital asset; (5) updating, by the administrator computer system, the first electronic ledger to account for the second transaction request; (6) generating, by the administrator computer system, a third transaction request including a second message comprising: (i) third instructions to print a fifth amount of the second digital asset to a second designated public address on the second blockchain, wherein the administrator computer system digitally signs the third transaction request with a third private key associated with the administrator, and wherein the fifth amount of the second digital asset is determined based on the predetermined fixed ration of the second digital asset to the first digital asset; and (ii) the first transaction information; and (7) publishing, by the administrator computer system to a first smart contract address on the second blockchain, the third transaction request, wherein the first smart contract address is associated with first smart contract instructions saved as part of the second blockchain and including: (i) verification instructions indicating conditions under which transaction requests published on the second blockchain and addressed to the first smart contract address are verified; and (ii) print instructions indicating conditions under which the second digital asset is issued to one or more public addresses on the second blockchain, wherein the third transaction request is verified in accordance with the verification instructions second designated public address on the second blockchain, and wherein the fifth amount of the second digital asset is printed in accordance with the print instructions; (e) confirming, by the administrator computer system based on reference to the second blockchain, that the third transaction request was executed in accordance with the first smart contract instructions by performing the steps of: (1) monitoring the second designated public address on the second blockchain; and (2) determining the fifth amount of the second digital asset was received at the second designated public address; and (3) updating, by the administrator computer system, the second electronic ledger to account for the fifth amount of the second digital asset being transferred to the second designated public address.

In embodiments, the second blockchain is the Ethereum network.

In embodiments, the first blockchain is the Bitcoin network.

In embodiments, the first blockchain is the Bitcoin Cash network.

In embodiments, the first blockchain is the Stellar network.

In embodiments, the first blockchain is the Filecoin network.

In embodiments, the first blockchain is the Litecoin network.

In embodiments, the first blockchain is the Tezos network.

In embodiments, the first blockchain is the Zcash network.

In embodiments, the first blockchain is the Neo network.

In embodiments, the first blockchain is the Ether Classic network.

In embodiments, the second blockchain is the Neo network.

In embodiments, the second blockchain is the Ether Classic network.

In embodiments, the digital signature is first transaction request include a digital signature generated using at least two private keys associated with the administrator.

In embodiments, the first transaction information comprises information sufficient to indicate a plurality of transactions, including, for each respective transaction: i. respective transaction identification information including a respective transaction identifier associated with the respective transfer of a respective amount of the first digital asset to a respective designated public address; ii. a first respective public address; and iii. a second respective public address.

In embodiments, the first transaction request includes a first plurality of instructions, each associated with generating a respective designated public address associated with depositing the first digital asset, wherein the second transaction request includes a second plurality of instructions, each associated with transferring a respective reserve amount of the first digital asset to the reserve public address and a respective fee amount of the first digital asset to the first exchange public address, and wherein the third transaction request includes a third plurality of instructions, each associated with transferring a respective amount of the second digital asset to a respective digital address on the second blockchain.

In embodiments, the first transaction request is digitally signed with at least two private keys associated with the administrator.

In embodiments, the second transaction request is digitally signed with at least two private keys associated with the administrator.

In embodiments, the third transaction request is digitally signed with at least two private keys associated with the administrator.

In embodiments, the first transaction request is published via a secure channel.

In embodiments, the second transaction request is published via a secure channel.

In embodiments, the third transaction request is published via a secure channel.

In embodiments, the first designated public address is unique to the first user.

In embodiments, the second designated public address is unique to the first user.

In embodiments, conditions under which transaction requests published on the second blockchain are verified in accordance with the verification instructions includes verifying a digital signature associated with published transaction requests such that the verified digital signature is associated with the administrator.

In embodiments, the first transaction information associated with the second transaction request includes an identifier unique to the second transaction request.

In embodiments, the method may further comprise: (m) prior to determining the first amount of the first digital asset was received at the first designated public address, generating third-party monitoring information including the first designated public address; (n) sending, by the administrator computer system to a third-party computer system associated with a third-party, the third-party monitoring information, wherein the third-party computer system monitors the first blockchain for one or more transactions associated with the first designated public address, wherein the third-party computer system determines the first amount of the first digital asset was received at the first designated public address, wherein the third-party computer system obtains the first transaction information, wherein the third-party computer system generates a notification indicating the obtained fist transaction information, and wherein the third-party computer system sends, to the administrator computer system, the generated notification.

In embodiments, wherein the notification is encrypted and sent via a secure channel.

In embodiments, the notification is encrypted by the third-party computer system.

In embodiments, the notification is encrypted communication.

In embodiments, the notification is encrypted using an asymmetric key.

In embodiments, the asymmetric key is a PKI key.

In embodiments, the notification is encrypted using a symmetric key.

In embodiments, the notification is encrypted in accordance with Transport Layer Security protocol.

In embodiments, the notification is encrypted by the administrator computer system.

In embodiments, the authentication request is made by the first user device via a secure channel.

In embodiments, the authentication request is encrypted communication.

In embodiments, the authentication request is encrypted using an asymmetric key.

In embodiments, the asymmetric key is a PKI key.

In embodiments, the authentication request is encrypted using a symmetric key.

In embodiments, the authentication request is encrypted in accordance with Transport Layer Security protocol.

In embodiments, the authentication request is encrypted by the first user device.

In embodiments, the authentication request is encrypted by the administrator computer system.

In embodiments, the first machine-executable instructions are transmitted by the administrator computer system via a secure channel.

In embodiments, the first machine-executable instructions are encrypted communication.

In embodiments, the first machine-executable instructions are encrypted using an asymmetric key.

In embodiments, the asymmetric key is a PKI key.

In embodiments, the first machine-executable instructions are encrypted using a symmetric key.

In embodiments, the first machine-executable instructions are encrypted in accordance with Transport Layer Security protocol.

In embodiments, the first machine-executable instructions are encrypted by the first user device.

In embodiments, the first machine-executable instructions are encrypted by the administrator computer system.

In embodiments, the first request is made by the first user device via a secure channel.

In embodiments, the first request is encrypted communication.

In embodiments, the first request is encrypted using an asymmetric key.

In embodiments, the asymmetric key is a PKI key.

In embodiments, the first request is encrypted using a symmetric key.

In embodiments, the first request is encrypted in accordance with Transport Layer Security protocol.

In embodiments, the first request is encrypted by the first user device.

In embodiments, the first request is encrypted by the administrator computer system.

In embodiments, the first message is sent by the administrator computer system via a secure channel.

In embodiments, the first message is encrypted communication.

In embodiments, the first message is encrypted using an asymmetric key.

In embodiments, the asymmetric key is a PKI key.

In embodiments, the first message is encrypted using a symmetric key.

In embodiments, the first message is encrypted in accordance with Transport Layer Security protocol.

In embodiments, the first message is encrypted by the first user device.

In embodiments, the first message is encrypted by the administrator computer system.

In embodiments, the first transaction request is published via a secure channel.

In embodiments, the second transaction request is published via a secure channel.

In embodiments, the third transaction request is published via a secure channel.

In embodiments, the second blockchain is based on a mathematical protocol for proof of work.

In embodiments, the second blockchain is based on a mathematical protocol for proof of stake.

In embodiments, the second blockchain is based on a cryptographic mathematical protocol.

In embodiments, the method may further comprise a step of publishing, by the administrator computer system to a side ledger, transaction instructions associated with crediting the second amount of the second digital asset and the publishing step (d)(2) includes publishing the transaction instruction from the side ledger to the second distributed public asset ledger periodically or aperiodically.

In embodiments, the first electronic ledger is maintained and stored on the first plurality of geographically distributed computer systems in the first peer-to-peer network in the form of the first blockchain.

In embodiments, the first electronic ledger is maintained on a sidechain, separate from the first blockchain, wherein information on the sidechain is published and stored on the first blockchain periodically or aperiodically.

In embodiments, the second electronic ledger is maintained and stored on the second plurality of geographically distributed computer systems in the second peer-to-peer network in the form of the second blockchain.

In embodiments, the second electronic ledger is maintained on a sidechain, separate from the second blockchain, wherein information on the sidechain is published and stored on the second blockchain periodically or aperiodically.

In embodiments, the first electronic ledger and the second electronic ledger are maintained in separate databases.

In embodiments, the predetermined fixed ratio is one first digital asset for one second digital asset.

In embodiments, the predetermined fixed ratio is 100 first digital asset for one second digital asset.

In embodiments, a method may comprise the steps of: (a) authenticating, by a digital asset exchange computer system associated with a digital asset exchange, an access request by a first user device associated with a first user, to the digital asset exchange computer system, wherein the digital asset exchange computer system is operatively connected to one or more databases which include: i. a first electronic ledger associated with a first digital asset maintained on a first distributed public transaction ledger in the form of a first blockchain that is maintained by a first blockchain network including a first plurality of geographically distributed computer systems in a first peer-to-peer network; ii. a second electronic ledger associated with a second digital asset maintained on a second distributed public transaction ledger in the form of a second blockchain that is maintained by a second blockchain network including a second plurality of geographically distributed computer systems in a second peer-to-peer network, wherein a ratio of second digital asset to first digital asset is a predetermined fixed ratio, and wherein authenticating the access request received from the first user device comprises the steps of: (1) receiving, by the digital asset exchange computer system from the first user device, an authentication request including first user credential information associated with the first user; (2) determining, by the digital asset exchange computer system, that the first user device is authorized to access the digital asset exchange computer system based at least in part on the first user credential information; (3) generating, by the digital asset exchange computer system, first machine-executable instructions including first graphical user interface information associated with a first graphical user interface; (4) transmitting, from the digital asset exchange computer system to the first user device, the first machine-executable instructions, wherein, upon execution of the first machine-executable instructions, the first user device displays the first graphical user interface; (b) receiving, by the digital asset computer system from the first user device, a first request to, in exchange for a first amount of the first digital asset, obtain a second amount of the second digital asset, comprising the steps of: (1) receiving, by the digital asset exchange computer system from the first user device, the first request; (2) verifying, by the digital asset exchange computer system, the first request by determining the first user has at least the first amount of the first digital asset based on reference to the first electronic ledger; (3) generating, by the digital asset exchange computer system, a first transaction request including first instructions to generate a first designated public address on the first blockchain, wherein the digital asset exchange computer system digitally signs the first transaction request with a first private key associated with the digital asset exchange; (4) publishing, by the digital asset exchange computer system, the first transaction request such that the first plurality of geographically distributed computer systems in the first peer-to-peer network verify the first transaction request and execute the first instructions by generating first designated address information including a first designated key pair associated with a first designated public address on the first blockchain; (5) obtaining, by the digital asset exchange computer system based on reference to the first blockchain, first designated address information; (6) generating, by the digital asset exchange computer system, a first message including instructions for the first user to transfer the first amount of the first digital asset to the first designated public address on the first blockchain; and (7)sending, by the digital asset exchange computer system to the first user device, the first message; (c) confirming, by the digital asset exchange computer system based on reference to the first blockchain, a first deposit of the first amount of the first digital asset by performing the steps of: (1) monitoring the first designated public address on the first blockchain; and (2) determining the first amount of the first digital asset was received at the first designated public address; (d) issuing, by the digital asset exchange computer system, the second amount of the second digital asset by performing the steps of: (1) generating, by the digital asset exchange computer system, a second transaction request including second instructions to: (i) transfer a third amount of the first digital asset from the first designated public address to a reserve public address on the first blockchain; (ii) transfer a fourth amount of the first digital asset from the first designated public address to a first exchange public address on the first blockchain, wherein the digital asset exchange computer system digitally signs the second transaction request with a second private key associated with the digital asset exchange; (2) publishing, by the digital asset exchange computer system, the second transaction request such that the first plurality of geographically distributed computer systems in the first peer-to-peer network verify the second transaction request and execute the second instructions; (3) confirming, by the digital asset exchange computer system, the second transaction request was executed based on reference to the first blockchain; (4) obtaining, by the digital asset exchange computer system, first transaction information based on reference to the first blockchain, the first transaction information indicating the confirmed transfers of the first amount of the first digital asset, the third amount of the first digital asset, and the fourth amount of the first digital asset; (5) updating, by the digital asset exchange computer system, the first electronic ledger to account for the second transaction request; (6) generating, by the digital asset exchange computer system, a third transaction request including a second message comprising: (i) third instructions to print a fifth amount of the second digital asset to a second designated public address on the second blockchain, wherein the digital asset exchange computer system digitally signs the third transaction request with a third private key associated with the digital asset exchange, and wherein the fifth amount of the second digital asset is determined based on the predetermined fixed ration of the second digital asset to the first digital asset; and (ii) the first transaction information; and (7) publishing, by the digital asset exchange computer system to a first smart contract address on the second blockchain, the third transaction request, wherein the first smart contract address is associated with first smart contract instructions saved as part of the second blockchain and including: (i) verification instructions indicating conditions under which transaction requests published on the second blockchain and addressed to the first smart contract address are verified; and (ii) print instructions indicating conditions under which the second digital asset is issued to one or more public addresses on the second blockchain, wherein the third transaction request is verified in accordance with the verification instructions second designated public address on the second blockchain, and wherein the fifth amount of the second digital asset is printed in accordance with the print instructions; (e) confirming, by the digital asset exchange computer system based on reference to the second blockchain, that the third transaction request was executed in accordance with the first smart contract instructions by performing the steps of: (1) monitoring the second designated public address on the second blockchain; and (2) determining the fifth amount of the second digital asset was received at the second designated public address; and (3) updating, by the digital asset exchange computer system, the second electronic ledger to account for the fifth amount of the second digital asset being transferred to the second designated public address.

In embodiments, the second blockchain is the Ethereum network.

In embodiments, the first blockchain is the Bitcoin network.

In embodiments, the first blockchain is the Bitcoin Cash network.

In embodiments, the first blockchain is the Stellar network.

In embodiments, the first blockchain is the Filecoin network.

In embodiments, the first blockchain is the Litecoin network.

In embodiments, the first blockchain is the Tezos network.

In embodiments, the first blockchain is the Zcash network.

In embodiments, the first blockchain is the Neo network.

In embodiments, the first blockchain is the Ether Classic network.

In embodiments, the second blockchain is the Neo network.

In embodiments, the second blockchain is the Ether Classic network.

In embodiments, the digital signature is first transaction request include a digital signature generated using at least two private keys associated with the digital asset exchange.

In embodiments, the first transaction request is digitally signed with at least two private keys associated with the digital asset exchange.

In embodiments, the second transaction request is digitally signed with at least two private keys associated with the digital asset exchange.

In embodiments, the third transaction request is digitally signed with at least two private keys associated with the digital asset exchange.

In embodiments, the first transaction request is published via a secure channel.

In embodiments, the second transaction request is published via a secure channel.

In embodiments, the third transaction request is published via a secure channel.

In embodiments, the first designated public address is unique to the first user.

In embodiments, the second designated public address is unique to the first user.

In embodiments, the first transaction information associated with the second transaction request includes an identifier unique to the second transaction request.

In embodiments, the method may further comprise: (m) prior to determining the first amount of the first digital asset was received at the first designated public address, generating third-party monitoring information including the first designated public address; (n) sending, by the digital asset exchange computer system to a third-party computer system associated with a third-party, the third-party monitoring information, wherein the third-party computer system monitors the first blockchain for one or more transactions associated with the first designated public address, wherein the third-party computer system determines the first amount of the first digital asset was received at the first designated public address, wherein the third-party computer system obtains the first transaction information, wherein the third-party computer system generates a notification indicating the obtained fist transaction information, and wherein the third-party computer system sends, to the digital asset exchange computer system, the generated notification.

In embodiments, the notification is encrypted and sent via a secure channel.

In embodiments, the notification is encrypted by the third-party computer system.

In embodiments, the notification is encrypted communication.

In embodiments, the notification is encrypted using an asymmetric key.

In embodiments, the asymmetric key is a PKI key.

In embodiments, the notification is encrypted using a symmetric key.

In embodiments, the notification is encrypted in accordance with Transport Layer Security protocol.

In embodiments, the notification is encrypted by the digital asset exchange computer system.

In embodiments, the authentication request is made by the first user device via a secure channel.

In embodiments, the authentication request is encrypted communication.

In embodiments, the authentication request is encrypted using an asymmetric key.

In embodiments, the asymmetric key is a PKI key.

In embodiments, the authentication request is encrypted using a symmetric key.

In embodiments, the authentication request is encrypted in accordance with Transport Layer Security protocol.

In embodiments, the authentication request is encrypted by the first user device.

In embodiments, the authentication request is encrypted by the digital asset exchange computer system.

In embodiments, the first machine-executable instructions are transmitted by the digital asset exchange computer system via a secure channel.

In embodiments, the first machine-executable instructions are encrypted communication.

In embodiments, the first machine-executable instructions are encrypted using an asymmetric key.

In embodiments, the asymmetric key is a PKI key.

In embodiments, the first machine-executable instructions are encrypted using a symmetric key.

In embodiments, the first machine-executable instructions are encrypted in accordance with Transport Layer Security protocol.

In embodiments, the first machine-executable instructions are encrypted by the first user device.

In embodiments, the first machine-executable instructions are encrypted by the digital asset exchange computer system.

In embodiments, the first request is made by the first user device via a secure channel.

In embodiments, the first request is encrypted communication.

In embodiments, the first request is encrypted using an asymmetric key.

In embodiments, the asymmetric key is a PKI key.

In embodiments, the first request is encrypted using a symmetric key.

In embodiments, the first request is encrypted in accordance with Transport Layer Security protocol.

In embodiments, the first request is encrypted by the first user device.

In embodiments, the first request is encrypted by the digital asset exchange computer system.

In embodiments, the first message is sent by the digital asset exchange computer system via a secure channel.

In embodiments, the first message is encrypted communication.

In embodiments, the first message is encrypted using an asymmetric key.

In embodiments, the asymmetric key is a PKI key.

In embodiments, the first message is encrypted using a symmetric key.

In embodiments, the first message is encrypted in accordance with Transport Layer Security protocol.

In embodiments, the first message is encrypted by the first user device.

In embodiments, the first message is encrypted by the digital asset exchange computer system.

In embodiments, the first transaction request is published via a secure channel.

In embodiments, the second transaction request is published via a secure channel.

In embodiments, the third transaction request is published via a secure channel.

In embodiments, the second blockchain is based on a mathematical protocol for proof of work.

In embodiments, the second blockchain is based on a mathematical protocol for proof of stake.

In embodiments, the second blockchain is based on a cryptographic mathematical protocol.

In embodiments, the method may further comprise a step of publishing, by the digital asset exchange computer system to a side ledger, transaction instructions associated with crediting the second amount of the second digital asset and the publishing step (d)(2) includes publishing the transaction instruction from the side ledger to the second distributed public asset ledger periodically or aperiodically.

In embodiments, the first electronic ledger and the second electronic ledger are maintained in separate databases.

In embodiments, the predetermined fixed ratio is one first digital asset for one second digital asset.

In embodiments, the predetermined fixed ratio is 100 first digital asset for one second digital asset.

In embodiments, a method may comprise the steps of: (a) authenticating, by a digital asset token issuer computer system associated with a digital asset token issuer, an access request by a first user device associated with a first user, to the digital asset token issuer computer system, wherein the digital asset token issuer computer system is operatively connected to one or more databases which include: i. a first electronic ledger associated with a first digital asset maintained on a first distributed public transaction ledger in the form of a first blockchain that is maintained by a first blockchain network including a first plurality of geographically distributed computer systems in a first peer-to-peer network; ii. a second electronic ledger associated with a second digital asset maintained on a second distributed public transaction ledger in the form of a second blockchain that is maintained by a second blockchain network including a second plurality of geographically distributed computer systems in a second peer-to-peer network, wherein a ratio of second digital asset to first digital asset is a predetermined fixed ratio, and wherein authenticating the access request received from the first user device comprises the steps of: (1) receiving, by the digital asset token issuer computer system from the first user device, an authentication request including first user credential information associated with the first user; (2) determining, by the digital asset token issuer computer system, that the first user device is authorized to access the digital asset token issuer computer system based at least in part on the first user credential information; (3) generating, by the digital asset token issuer computer system, first machine-executable instructions including first graphical user interface information associated with a first graphical user interface; (4) transmitting, from the digital asset token issuer computer system to the first user device, the first machine-executable instructions, wherein, upon execution of the first machine-executable instructions, the first user device displays the first graphical user interface; (b) receiving, by the digital asset computer system from the first user device, a first request to, in exchange for a first amount of the first digital asset, obtain a second amount of the second digital asset, comprising the steps of: (1) receiving, by the digital asset token issuer computer system from the first user device, the first request; (2) verifying, by the digital asset token issuer computer system, the first request by determining the first user has at least the first amount of the first digital asset based on reference to the first electronic ledger; (3) generating, by the digital asset token issuer computer system, a first transaction request including first instructions to generate a first designated public address on the first blockchain, wherein the digital asset token issuer computer system digitally signs the first transaction request with a first private key associated with the digital asset token issuer; (4) publishing, by the digital asset token issuer computer system, the first transaction request such that the first plurality of geographically distributed computer systems in the first peer-to-peer network verify the first transaction request and execute the first instructions by generating first designated address information including a first designated key pair associated with a first designated public address on the first blockchain; (5) obtaining, by the digital asset token issuer computer system based on reference to the first blockchain, first designated address information; (6) generating, by the digital asset token issuer computer system, a first message including instructions for the first user to transfer the first amount of the first digital asset to the first designated public address on the first blockchain; and (7) sending, by the digital asset token issuer computer system to the first user device, the first message; (c) confirming, by the digital asset token issuer computer system based on reference to the first blockchain, a first deposit of the first amount of the first digital asset by performing the steps of: (1) monitoring the first designated public address on the first blockchain; and (2) determining the first amount of the first digital asset was received at the first designated public address; (d) issuing, by the digital asset token issuer computer system, the second amount of the second digital asset by performing the steps of: (1) generating, by the digital asset token issuer computer system, a second transaction request including second instructions to: (i) transfer a third amount of the first digital asset from the first designated public address to a reserve public address on the first blockchain; (ii) transfer a fourth amount of the first digital asset from the first designated public address to a first exchange public address on the first blockchain, wherein the digital asset token issuer computer system digitally signs the second transaction request with a second private key associated with the digital asset token issuer; (2) publishing, by the digital asset token issuer computer system, the second transaction request such that the first plurality of geographically distributed computer systems in the first peer-to-peer network verify the second transaction request and execute the second instructions; (3) confirming, by the digital asset token issuer computer system, the second transaction request was executed based on reference to the first blockchain; (4) obtaining, by the digital asset token issuer computer system, first transaction information based on reference to the first blockchain, the first transaction information indicating the confirmed transfers of the first amount of the first digital asset, the third amount of the first digital asset, and the fourth amount of the first digital asset; (5) updating, by the digital asset token issuer computer system, the first electronic ledger to account for the second transaction request; (6) generating, by the digital asset token issuer computer system, a third transaction request including a second message comprising: (i) third instructions to print a fifth amount of the second digital asset to a second designated public address on the second blockchain, wherein the digital asset token issuer computer system digitally signs the third transaction request with a third private key associated with the digital asset token issuer, and wherein the fifth amount of the second digital asset is determined based on the predetermined fixed ration of the second digital asset to the first digital asset; and (ii) the first transaction information; and (7) publishing, by the digital asset token issuer computer system to a first smart contract address on the second blockchain, the third transaction request, wherein the first smart contract address is associated with first smart contract instructions saved as part of the second blockchain and including: (i) verification instructions indicating conditions under which transaction requests published on the second blockchain and addressed to the first smart contract address are verified; and (ii) print instructions indicating conditions under which the second digital asset is issued to one or more public addresses on the second blockchain, wherein the third transaction request is verified in accordance with the verification instructions second designated public address on the second blockchain, and wherein the fifth amount of the second digital asset is printed in accordance with the print instructions; (e) confirming, by the digital asset token issuer computer system based on reference to the second blockchain, that the third transaction request was executed in accordance with the first smart contract instructions by performing the steps of: (1) monitoring the second designated public address on the second blockchain; and (2) determining the fifth amount of the second digital asset was received at the second designated public address; and (3) updating, by the digital asset token issuer computer system, the second electronic ledger to account for the fifth amount of the second digital asset being transferred to the second designated public address.

In embodiments, the second blockchain is the Ethereum network.

In embodiments, the first blockchain is the Bitcoin network.

In embodiments, the first blockchain is the Bitcoin Cash network.

In embodiments, the first blockchain is the Stellar network.

In embodiments, the first blockchain is the Filecoin network.

In embodiments, the first blockchain is the Litecoin network.

In embodiments, the first blockchain is the Tezos network.

In embodiments, the first blockchain is the Zcash network.

In embodiments, the first blockchain is the Neo network.

In embodiments, the first blockchain is the Ether Classic network.

In embodiments, the second blockchain is the Neo network.

In embodiments, the second blockchain is the Ether Classic network.

In embodiments, the digital signature is first transaction request include a digital signature generated using at least two private keys associated with the digital asset token issuer.

In embodiments, the first transaction request is digitally signed with at least two private keys associated with the digital asset token issuer.

In embodiments, the second transaction request is digitally signed with at least two private keys associated with the digital asset token issuer.

In embodiments, the third transaction request is digitally signed with at least two private keys associated with the digital asset token issuer.

In embodiments, the first transaction request is published via a secure channel.

In embodiments, the second transaction request is published via a secure channel.

In embodiments, the third transaction request is published via a secure channel.

In embodiments, the first designated public address is unique to the first user.

In embodiments, the second designated public address is unique to the first user.

In embodiments, the first transaction information associated with the second transaction request includes an identifier unique to the second transaction request.

In embodiments, the method may further comprise: (m) prior to determining the first amount of the first digital asset was received at the first designated public address, generating third-party monitoring information including the first designated public address; (n) sending, by the digital asset token issuer computer system to a third-party computer system associated with a third-party, the third-party monitoring information, wherein the third-party computer system monitors the first blockchain for one or more transactions associated with the first designated public address, wherein the third-party computer system determines the first amount of the first digital asset was received at the first designated public address, wherein the third-party computer system obtains the first transaction information, wherein the third-party computer system generates a notification indicating the obtained fist transaction information, and wherein the third-party computer system sends, to the digital asset token issuer computer system, the generated notification.

In embodiments, the notification is encrypted and sent via a secure channel.

In embodiments, the notification is encrypted by the third-party computer system.

In embodiments, the notification is encrypted communication.

In embodiments, the notification is encrypted using an asymmetric key.

In embodiments, the asymmetric key is a PKI key.

In embodiments, the notification is encrypted using a symmetric key.

In embodiments, the notification is encrypted in accordance with Transport Layer Security protocol.

In embodiments, the notification is encrypted by the digital asset token issuer computer system.

In embodiments, the authentication request is made by the first user device via a secure channel.

In embodiments, the authentication request is encrypted communication.

In embodiments, the authentication request is encrypted using an asymmetric key.

In embodiments, the asymmetric key is a PKI key.

In embodiments, the authentication request is encrypted using a symmetric key.

In embodiments, the authentication request is encrypted in accordance with Transport Layer Security protocol.

In embodiments, the authentication request is encrypted by the first user device.

In embodiments, the authentication request is encrypted by the digital asset token issuer computer system.

In embodiments, the first machine-executable instructions are transmitted by the digital asset token issuer computer system via a secure channel.

In embodiments, the first machine-executable instructions are encrypted communication.

In embodiments, the first machine-executable instructions are encrypted using an asymmetric key.

In embodiments, the asymmetric key is a PKI key.

In embodiments, the first machine-executable instructions are encrypted using a symmetric key.

In embodiments, the first machine-executable instructions are encrypted in accordance with Transport Layer Security protocol.

In embodiments, the first machine-executable instructions are encrypted by the first user device.

In embodiments, the first machine-executable instructions are encrypted by the digital asset token issuer computer system.

In embodiments, the first request is made by the first user device via a secure channel.

In embodiments, the first request is encrypted communication.

In embodiments, the first request is encrypted using an asymmetric key.

In embodiments, the asymmetric key is a PKI key.

In embodiments, the first request is encrypted using a symmetric key.

In embodiments, the first request is encrypted in accordance with Transport Layer Security protocol.

In embodiments, the first request is encrypted by the first user device.

In embodiments, the first request is encrypted by the digital asset token issuer computer system.

In embodiments, the first message is sent by the digital asset token issuer computer system via a secure channel.

In embodiments, the first message is encrypted communication.

In embodiments, the first message is encrypted using an asymmetric key.

In embodiments, the asymmetric key is a PKI key.

In embodiments, the first message is encrypted using a symmetric key.

In embodiments, the first message is encrypted in accordance with Transport Layer Security protocol.

In embodiments, the first message is encrypted by the first user device.

In embodiments, the first message is encrypted by the digital asset token issuer computer system.

In embodiments, the first transaction request is published via a secure channel.

In embodiments, the second transaction request is published via a secure channel.

In embodiments, the third transaction request is published via a secure channel.

In embodiments, the second blockchain is based on a mathematical protocol for proof of work.

In embodiments, the second blockchain is based on a mathematical protocol for proof of stake.

In embodiments, the second blockchain is based on a cryptographic mathematical protocol.

In embodiments, the method may further comprise a step of publishing, by the digital asset token issuer computer system to a side ledger, transaction instructions associated with crediting the second amount of the second digital asset and the publishing step (d)(2) includes publishing the transaction instruction from the side ledger to the second distributed public asset ledger periodically or aperiodically.

In embodiments, the first electronic ledger and the second electronic ledger are maintained in separate databases.

In embodiments, the predetermined fixed ratio is one first digital asset for one second digital asset.

In embodiments, the predetermined fixed ratio is 100 first digital asset for one second digital asset.

In embodiments, a method may comprise the steps of: (a) authenticating, by an administrator computer system associated with an administrator, an access request by a first user device associated with a first user, to the administrator computer system, wherein the administrator computer system is operatively connected to one or more databases which include: i. a first electronic ledger associated with a first digital asset maintained on a first distributed public transaction ledger in the form of a first blockchain that is maintained by a first blockchain network including a first plurality of geographically distributed computer systems in a first peer-to-peer network; ii. a second electronic ledger associated with a second digital asset maintained on a second distributed public transaction ledger in the form of a second blockchain that is maintained by a second blockchain network including a second plurality of geographically distributed computer systems in a second peer-to-peer network, wherein a ratio of second digital asset to first digital asset is a predetermined fixed ratio, and wherein authenticating the access request received from the first user device comprises the steps of: (1) receiving, by the administrator computer system from the first user device, an authentication request including first user credential information associated with the first user; (2) determining, by the administrator computer system, that the first user device is authorized to access the administrator computer system based at least in part on the first user credential information; (3) generating, by the administrator computer system, first machine-executable instructions including first graphical user interface information associated with a first graphical user interface; (4) transmitting, from the administrator computer system to the first user device, the first machine-executable instructions, wherein, upon execution of the first machine-executable instructions, the first user device displays the first graphical user interface; (b) receiving, by the digital asset computer system from the first user device, a first request to obtain a first amount of the first digital asset in exchange for a second amount of the second digital asset, comprising the steps of: (1) receiving, by the administrator computer system from the first user device, the first request; (2) verifying, by the administrator computer system, the first request by determining the first user has at least the second amount of the second digital asset based on reference to the second electronic ledger; (3) generating, by the administrator computer system, a first transaction request including first instructions to generate a first designated public address on the second blockchain, wherein the administrator computer system digitally signs the first transaction request with a first private key associated with the administrator; (4) publishing, by the administrator computer system, the first transaction request such that the second plurality of geographically distributed computer systems in the second peer-to-peer network verify the first transaction request and execute the first instructions by generating first designated address information including a first designated key pair associated with a first designated public address on the second blockchain; (5) obtaining, by the administrator computer system based on reference to the second blockchain, first designated address information; (6) generating, by the administrator computer system, a first message including instructions for the first user to transfer the second amount of the second digital asset to the first designated public address on the second blockchain; and (7) sending, by the administrator computer system to the first user device, the first message; (c) confirming, by the administrator computer system based on reference to the second blockchain, a first deposit of the second amount of the second digital asset by performing the steps of: (1) monitoring the first designated public address on the second blockchain; and (2) determining the second amount of the second digital asset was received at the first designated public address; (d) issuing, by the administrator computer system, the first amount of the first digital asset by performing the steps of: (1) generating, by the administrator computer system, a second transaction request including a second message comprising second instructions to: (i) transfer the second amount of the second digital asset from the first designated public address to a first smart contract address on the second blockchain; and (ii) burn the second amount of the second digital asset; wherein the first smart contract address is associated with first smart contract instructions saved as part of the second blockchain and including: (i) verification instructions indicating conditions under which transaction requests published on the second blockchain and addressed to the first smart contract address are verified; and (ii) burn instructions indicating conditions under which the second digital asset is burned, and wherein the administrator computer system digitally signs the second transaction request with a second private key associated with the administrator; (2) publishing, by the administrator computer system to the first smart contract address on the second blockchain, the second transaction; (3) confirming, by the administrator computer system, the second transaction request was executed based on reference to the second blockchain; (4) updating, by the administrator computer system, the second electronic ledger to account for the second transaction request; (5) generating, by the administrator computer system, a third transaction request including third instructions to: (i) transfer a third amount of the first digital asset from a reserve public address on the first blockchain to a second designated public address on the first blockchain; and (ii) transfer a fourth amount of the first digital asset from the reserve public address to an exchange public address associated with the administrator, wherein the administrator computer system digitally signs the third transaction request with a third private key associated with the administrator; and (6) publishing, by the administrator computer system to the first blockchain, the third transaction request; and (e) confirming, by the administrator computer system based on reference to the first blockchain, that the third transaction request was executed by performing the steps of: (1) monitoring the second designated public address on the first blockchain; and (2) determining the third amount of the first digital asset was received at the second designated public address; and (3) updating, by the administrator computer system, the first electronic ledger to account for the third transaction request.