US Patent Issued to ELECTRONICS AND TELECOMMUNICATIONS RESEARCH INSTITUTE on April 7 for "Cold wallet apparatus and method of controlling the same" (South Korean Inventors)

ALEXANDRIA, Va., April 7 -- United States Patent no. 12,597,014, issued on April 7, was assigned to ELECTRONICS AND TELECOMMUNICATIONS RESEARCH INSTITUTE (Daejeon, South Korea).

"Cold wallet apparatus and method of controlling the same" was invented by Seong Cheon Park (Daejeon, South Korea) and Hyeok Jin Lim (Daejeon, South Korea).

According to the abstract* released by the U.S. Patent & Trademark Office: "The present invention relates to a cold wallet apparatus. The cold wallet apparatus includes a homomorphic encryption generation module configured to generate homomorphic encryption using personally identifiable sensitive information; a first authentication code extraction module configured to extract an authentication code from the ho...