US Patent Issued to Artema Labs on May 12 for "Systems and methods for performing secure transactions on blockchain" (American, Finnish Inventors)

ALEXANDRIA, Va., May 12 -- United States Patent no. 12,627,517, issued on May 12, was assigned to Artema Labs Inc (Los Angeles).

"Systems and methods for performing secure transactions on blockchain" was invented by Keir Finlow-Bates (Eura, Finland) and Bjorn Markus Jakobsson (New York).

According to the abstract* released by the U.S. Patent & Trademark Office: "Systems and methods for securing transactions in accordance with various embodiments of the invention are illustrated. One embodiment includes a method for confirming token ownership rights. The method generates a pre-image value using a random number generator. The method generates an action request that corresponds to an action performed cryptographic token(s). The method derive...