ALEXANDRIA, Va., April 15 -- United States Patent no. 12,602,671, issued on April 14, was assigned to Arx Research Inc. (New York).
"System and method for digital currency management using a bearer instrument" was invented by Charles Cameron Robertson (Boulder, Colo.), David Joshua Myers (Hudson, N.Y.) and Michal Leszczynski (Warsaw, Poland).
According to the abstract* released by the U.S. Patent & Trademark Office: "Systems and methods for managing and operating secure cryptocurrency or digital currency devices that mimics traditional open loop gift card aesthetics and capabilities, with significant additional capabilities that give them the benefits of cash while still being able to store and receive varying amounts of funds in a single...