US Patent Issued to Digital Currency Institute, The People's Bank of China on Sept. 1 for "Digital currency payment method and electronic device" (Chinese Inventors)

ALEXANDRIA, Va., Sept. 1 -- United States Patent no. 12,725,149, issued on Sept. 1, was assigned to Digital Currency Institute, The People's Bank of China (Beijing).

"Digital currency payment method and electronic device" was invented by Changchun Mu (Beijing), Gang Di (Beijing), Xinyu Zhao (Beijing), Peidong Cui (Beijing), Jianli Yan (Beijing), Peng Yu (Beijing) and Wei Liang (Beijing).

According to the abstract* released by the U.S. Patent & Trademark Office: "A digital currency payment method and system, and an apparatus, a security chip, and an application method, which relate to the technical field of computers. The payment method includes: generating a transaction amount, or acquiring, by means of a communication connection between ...