US Patent Issued to JPMORGAN CHASE BANK on July 14 for "Systems and methods for practical near-term position verification from certified randomness" (American, Singaporean Inventors)

ALEXANDRIA, Va., July 14 -- United States Patent no. 12,683,774, issued on July 14, was assigned to JPMORGAN CHASE BANK N.A. (New York).

"Systems and methods for practical near-term position verification from certified randomness" was invented by Omar Amer (New York), Kaushik Chakraborty (Singapore), Fatih Kaleoglu (Santa Barbara, Calif.), Charles Lim (Singapore), Marco Pistoia (Amawalk, N.Y.), Minzhao Liu (Chicago) and David Cui (New York).

According to the abstract* released by the U.S. Patent & Trademark Office: "A first verifier and second verifier may share a secret string, a first and second random input; may generate a challenge according to a certified randomness protocol and may encrypt the challenge using a keyed cryptographic h...