US Patent Issued on June 2 for "Privacy-preserving identity verification using blockchain and granular data control" (Florida Inventor)

ALEXANDRIA, Va., June 2 -- United States Patent no. 12,647,268, issued on June 2.

"Privacy-preserving identity verification using blockchain and granular data control" was invented by Serge M Krasnyansky (Miami).

According to the abstract* released by the U.S. Patent & Trademark Office: "Approaches are described for secure identity verification using blockchain technology. A configuration record for a user's identity attributes is obtained. The configuration record is used to evaluate and verify various identity elements through cross-referencing with authoritative sources. Based on the configuration record, identity tokens (KYbits) are generated using cryptographic techniques and stored on a blockchain ledger. These KYbits encapsulate ve...