ALEXANDRIA, Va., Aug. 25 -- United States Patent no. 12,718,207, issued on Aug. 25, was assigned to Digital First Holdings LLC (Atlanta).

"Secure value transfers" was invented by Isaiah Shawn Sadrudin Sinclair (Kitchener, Canada), Ethan James Hodge (Guelph, Canada), Eason Liang (Guelph, Canada), Mark William Schmid (Oakville, Canada), Daniel Elliott Wang (Oakville, Canada), Myron Ladyjenko (Guelph, Canada) and Ethan Kenneth Muir (Pickering, Canada).

According to the abstract* released by the U.S. Patent & Trademark Office: "Financial Institution (FI) applications (apps) are enhanced to permit customers to transfer cryptocurrency over a private blockchain (BC) to recipients. The recipients can maintain the amount of cryptocurrency received...