US Patent Issued to Block on May 12 for "Digital asset transfer via encoded object" (American, Australian Inventors)

ALEXANDRIA, Va., May 12 -- United States Patent no. 12,626,250, issued on May 12, was assigned to Block Inc. (Oakland, Calif.).

"Digital asset transfer via encoded object" was invented by Andrew Gertig (Charlotte, N.C.), Michael Rihani (Palo Alto, Calif.), James Kraus (Charlotte, N.C.), Hugo Muller-Downing (Hawthorn East, Australia) and Bradley Wrage (Arroyo Grande, Calif.).

According to the abstract* released by the U.S. Patent & Trademark Office: "In particular embodiments, a computing device of a cryptocurrency service provider may receive a cryptocurrency payment request and in response may generate a code for facilitating the cryptocurrency payment. The computing device may cause the code to be presented via a user interface of a use...