Patents Cryptocurrency News

End Game: Twitter Founder Patents Crypto Adoption (cryptobriefing.com) 01/23/2020 - 4:29am
Jack Dorsey’s payments company Square has been awarded a patent from the U.S. Patent and Trademark Office for technology to convert crypto to fiat. The Crypto Patent to End The Adoption Question Square, founded by Twitter’s Jack Dorsey, a long-time Bitcoin advocate, was granted the patent on Jan...
Bitcoin, Cash, Crypto, Crypto Briefing, Cryptocurrency, Fiat, Innovations, Lightning Network, Lightning Network, Long, Network, Patent, Volatility, Wallet
Square’s Fiat-to-crypto Payment Network System Wins US Patent (cryptonewsz.com) 01/23/2020 - 4:11am
On Jan 21st, Square, the payment provider, won a U.S. patent for its fiat-to-crypto payment network system. The payment provider applied for this patent on Sept. 14th, 2018, to the U.S Patent and Trademark Office. The Office’s data described it as a payment system that will allow users with...
Crypto, Fiat, Innovations, Network, Patent
Jack Dorsey’s Square Awarded Patent for Real-Time Crypto-to-Fiat Swaps (cryptosyringe.com) 01/23/2020 - 3:34am
Financial services and mobile payment company Square thinks it has found a way to turn fiat into crypto in real-time point-of-sale transactions. How it works On Jan. 21, the United States Patent Office awarded Square a patent for a technology that the team argues cracks a present barrier in...
Altcoins, API, Bitcoin, Blockchain, Cash, Coin, Cointelegraph, Crypto, Exchange, Fiat, Innovations, Laundering, Node, Patent, Privacy Coin, United States, Wallet
COMPUTER-IMPLEMENTED SYSTEMS AND METHODS FOR AN ACCUMULATOR-BASED PROTOCOL FOR THE DISTRIBUTION OF TASKS ACROSS A COMPUTER NETWORK (patentscope.wipo.int) 01/23/2020 - 1:00am
Techniques described herein can be utilized to implement a protocol for performing an unbiased selection of a particular worker node among a plurality of worker nodes to execute a computational task. Nodes of a distributed network may register to join a group membership by generating quantities...
Bitcoin, Blockchain, Distributed, Distributed Network, Network, Node, Protocol
BLOCKCHAIN-ENABLED DOUBLE ENTRY RECORDKEEPING SYSTEM AND METHOD OF IMPLEMENTING THE SAME (patentscope.wipo.int) 01/23/2020 - 1:00am
One aspect of the invention is directed to a Blockchain-enabled double entry recordkeeping system for maintaining one or more ledger accounts of a recordkeeping entity. The system comprises a recordkeeping device which comprises a ledger account record broadcasting structure for broadcasting on a...
Balance, Block, Blockchain, Cash, Digital Signature, Immutable, Ledger, Ledger, Network
COMPUTER-IMPLEMENTED SYSTEM AND METHOD FOR CONTROLLING PROCESSING STEPS OF DISTRIBUTED SYSTEM (patentscope.wipo.int) 01/23/2020 - 1:00am
A method of controlling and coordinating of processing steps in a distributed system can be implemented by an initiator node of a cyclically-ordered set of nodes participating in a blockchain network (e.g., Bitcoin blockchain). The method includes generating a private key and cryptographic shares...
Bitcoin, Blockchain, Distributed, Network, Node
VERIFIABLE ENCRYPTION BASED ON TRUSTED EXECUTION ENVIRONMENT (patentscope.wipo.int) 01/23/2020 - 1:00am
A method for verifying a property of plaintext using ciphertext is disclosed. In an embodiment, a computing device may receive the ciphertext at a trusted execution environment (TEE) of the computing device. The TEE may decrypt the ciphertext to generate the plaintext using a private encryption key...
Pair
BLOCKCHAIN TRANSACTION SAFETY USING SMART CONTRACTS (patentscope.wipo.int) 01/23/2020 - 1:00am
A method includes acquiring, at a node server, blockchain data for a blockchain address on a blockchain network. The blockchain data includes a plurality of transactions for the blockchain address. The method includes generating a local node trust score for the blockchain address based on the...
Address, Blockchain, Consensus, Ledger, Ledger, Network, Node
APPARATUS AND METHOD FOR DECENTRALIZED ANONYMOUS COMMUNICATION (patentscope.wipo.int) 01/23/2020 - 1:00am
Decentralized anonymous communication between nodes within large-scale peer-to- peer networks is provided by a pool of link nodes and a resource control mechanism. One or more link nodes within the pool of nodes are selected to construct a communication channel between a source node and a...
Decentralized, Network, Node, Pair
DECENTRALIZED INFRASTRUCTURE METHODS AND SYSTEMS (patentscope.wipo.int) 01/23/2020 - 1:00am
Embodiments of the present invention may provide a decentralized infrastructure including efficient wireless communication, an infrastructureless communication network, a decentralized private network, securely communicating in a decentralized network perhaps using distributed ledger technology (62...
Consensus, Decentralized, Distributed, Distributed Ledger, Ledger, Ledger, Network
SYSTEM AND METHOD FOR DYNAMIC MATCHMAKING IN CLIENT APPLICATIONS (patentscope.wipo.int) 01/23/2020 - 1:00am
A method includes receiving a first request to perform matchmaking for a first user of a player-verses-player competition of a mobile application. In response to receiving the first request, the method further includes generating, by a computer processing device, a multi-level matchmaking plan for...
Client
Subscribe to All Bitcoin News & Videos