This is a robust method of encryption with the added advantage of avoiding key exchange, which greatly reduces its vulnerability to hacking.
New York, NY (PRWEB) June 04, 2015
ICAP Patent Brokerage announces for sale patents disclosing a method of multi-key encryption that circumvents the need for key exchange, available from The University Court of the University of St Andrews, Scotland, UK. This portfolio is offered as part of the Internet of Things IP Auction, with a bidding deadline of July 30th, 2015.
“This is a robust method of encryption with the added advantage of avoiding key exchange, which greatly reduces its vulnerability to hacking,” says Dean Becker, CEO of ICAP Patent Brokerage.
Key Characteristics & Benefits
While many known encryption techniques are highly effective, they are either very complex or they require the encryption keys to be exchanged at some stage in order to allow the person receiving a message encrypted by one party to decrypt and thereby read that message. In many systems, the key exchange process is vulnerable to attack by a hacker.
With a 2008 priority date, the disclosed portfolio describes a device and method for securing communications between two parties (e.g., electronic messages or documents) without requiring the transfer of an encryption key between the parties. The technique comprises encrypting a message with two randomly generated keys—one associated with each party or device—and decrypting the message using the key from the first party and subsequently decrypting the message using the key from the second, thereby exposing the original message.
See the technical description of the multi-key encryption IP sales offering.
To learn more about the intellectual property available for sale in this portfolio:
Contact Michelle Tyler of ICAP Patent Brokerage at (650) 741-4117 or via email at michelle(at)icapip(dot)com.
If you have a patent portfolio for sale, visit our website to make a patent portfolio submission for an upcoming sealed bid event.
About ICAP Patent Brokerage
ICAP Patent Brokerage is the world's largest intellectual property brokerage and patent auction firm, leveraging the talents of experienced patent brokers to match buyers and sellers for the sale of patents and other intellectual property assets. With multiple transaction platforms and unparalleled industry knowledge, including experience with trademarks, brands, intellectual property licensing, and UCC sales, ICAP Patent Brokerage is the global leader in the transaction of intellectual property.