US Patent Issued on July 21 for "Multi-party computation self-custody wallet" (American, Israeli Inventors)

ALEXANDRIA, Va., July 21 -- United States Patent no. 12,688,498, issued on July 21.

"Multi-party computation self-custody wallet" was invented by Yehuda Lindell (Oakland, Calif.), Nir Steinherz (Oakland, Calif.) and Guy Pe'er (Talmey Yechiel, Israel).

According to the abstract* released by the U.S. Patent & Trademark Office: "Methods, systems, and devices for token management are described. A custodial token platform may communicate with a wallet application to support a multi-party computation wallet and transfer of private keys and key shards to support wallet cloning and key export. The custodial token platform may receive a message signed by a first key shard, sign the message using a second key shard, and broadcast the signed message...