US Patent Issued on Nov. 3 for "Blockchain-security based two-factor authentication (2FA) and multi-signature security system based in part on cryptographic permissions" (Israeli Inventor)

ALEXANDRIA, Va., Nov. 3 -- United States Patent no. 12,785,988, issued on Nov. 3.

"Blockchain-security based two-factor authentication (2FA) and multi-signature security system based in part on cryptographic permissions" was invented by Lior Dorenboust (Rishon Lezion, Israel).

According to the abstract* released by the U.S. Patent & Trademark Office: "A method for two-factor authentication (2FA) in a blockchain-based user identification and security system and implementing the process of validation and transparency of the blockchain to physical services in the real world using cryptographic permissions and a system for enjoying the decentralized validation and transparency of the blockchain in the real world using a device that connects a...