MUMBAI, India, Jan. 2 -- Intellectual Property India has published a patent application (202541122152 A) filed by Vellore Institute Of Technology, Vellore, Tamil Nadu, on Dec. 4, 2025, for 'layer 2 blockchain system for decentralized cryptocurrency exchange.'
Inventor(s) include Dr. Niha K; Mr. Ayush Dilip Patil; Mr. Pranav Ajay Phadatare; and Mr. Yashraj Santosh Jadhav.
The application for the patent was published on Jan. 2, under issue no. 01/2026.
According to the abstract released by the Intellectual Property India: "The present disclosure provides a Layer 2 blockchain system for decentralized cryptocurrency exchange. The system includes a Layer 2 blockchain network component configured to process cryptocurrency transactions with enh...