US Patent Issued to Bprotocol Foundation, Localcoin on March 17 for "Methods for exchanging and evaluating virtual currency" (Israeli, Portuguese Inventors)

ALEXANDRIA, Va., March 17 -- United States Patent no. 12,579,540, issued on March 17, was assigned to Bprotocol Foundation (Zug, Switzerland) and Localcoin Ltd. (Tel-Aviv, Israel).

"Methods for exchanging and evaluating virtual currency" was invented by Eyal Hertzog (Ramat-HaSharon, Israel), Guy Ben Artzi (Rishpon, Israel), Galia Benartzi (Tel-Aviv, Israel) and Yehuda Levi (Oporto, Portugal).

According to the abstract* released by the U.S. Patent & Trademark Office: "Method, system, and computer program product for executing cryptocurrency transactions. A request to execute a transaction related to a first cryptocurrency token is received by a secure ledger network. The secure ledger network executes a smart contract validated thereby and...