ALEXANDRIA, Va., Oct. 27 -- United States Patent no. 12,777,044, issued on Oct. 27, was assigned to 1080 Network Inc. (Lakeway, Texas).

"Network-level user validation for network-based exchanges that leverages unique ephemeral key to eliminate use of credentials" was invented by Christopher Petersen (Lakeway, Texas) and Tim Kuchlein (Lakeway, Texas).

According to the abstract* released by the U.S. Patent & Trademark Office: "Various embodiments of the present disclosure provide techniques for adjudicating a credential-less exchange over a network using a plurality of identifier mappings and member interfaces. The techniques may include receiving an exchange request for executing a value-based exchange that includes a universally unique ep...