US Patent Issued to Coinbase on March 17 for "Methods and systems for minimizing data storage when facilitating blockchain operations across distributed computer networks in decentralized applications" (California Inventors)

ALEXANDRIA, Va., March 17 -- United States Patent no. 12,579,574, issued on March 17, was assigned to Coinbase Inc. (Oakland, Calif.).

"Methods and systems for minimizing data storage when facilitating blockchain operations across distributed computer networks in decentralized applications" was invented by Kevin Britz (Oakland, Calif.) and Arjun Rao (Oakland, Calif.).

According to the abstract* released by the U.S. Patent & Trademark Office: "A system that deploys a first smart contract that include a set of predefined functions that enable exchange of a first cryptocurrency on a first blockchain network. Additionally, the system deploys a second smart contract with the set of predefined functions that enable exchange of a second cryptocu...