US Patent Issued to Dunamu on Aug. 11 for "Method of verifying originator or beneficiary and an electronic device performing thereof" (South Korean Inventor)

ALEXANDRIA, Va., Aug. 12 -- United States Patent no. 12,705,680, issued on Aug. 11, was assigned to Dunamu Inc. (Seoul, South Korea).

"Method of verifying originator or beneficiary and an electronic device performing thereof" was invented by Min Seok Jung (Seongnam-si, South Korea).

According to the abstract* released by the U.S. Patent & Trademark Office: "A method of verifying a beneficiary is provided. The method may include identifying information regarding transfer of a virtual asset including full name data of an originator, date of birth (DOB) data of the originator and a beneficiary virtual asset address, identifying a hash value set of a full name of the originator generated based on the full name data of the originator and a has...