US Patent Issued to Circle Internet Group on April 14 for "Distributed key generation and resharing for multi-device cryptocurrency wallets with tee-backed security" (California, Massachusetts Inventors)

ALEXANDRIA, Va., April 15 -- United States Patent no. 12,603,771, issued on April 14, was assigned to Circle Internet Group Inc. (Boston).

"Distributed key generation and resharing for multi-device cryptocurrency wallets with tee-backed security" was invented by Vipin Singh Sehrawat (Fremont, Calif.) and Nolan Miranda (Boston).

According to the abstract* released by the U.S. Patent & Trademark Office: "Implementations of the present disclosure are directed to star distributed key generation (SDKG) between computing devices for private key sharing in cryptographic networks, where a computing device is the center of a star graph of multiple computing devices and functions as a 2-out-of-3 DKG protocol that can is robust against multiple type...