US Patent Issued to Block on April 7 for "Systems and methods for performing transactions" (Canadian, American Inventors)

ALEXANDRIA, Va., April 7 -- United States Patent no. 12,597,009, issued on April 7, was assigned to Block Inc. (Oakland, Calif.).

"Systems and methods for performing transactions" was invented by Afshin Rezayee (Richmond Hill, Calif.), Emad Bidari (Toronto), Thomas Templeton (Piedmont, Calif.), Michael Lamfalusi (Cupertino, Calif.), Matthew H. Maibach (San Francisco) and Jesse L. Dorogusker (Palo Alto, Calif.).

According to the abstract* released by the U.S. Patent & Trademark Office: "A wearable device, such as a finger ring worn by a user, communicates information about a user to a reader that uses the information in order to perform a transaction. Such wearable device may be conveniently carried by and accessible to the user such that ...