ALEXANDRIA, Va., March 17 -- United States Patent no. 12,579,545, issued on March 17, was assigned to Lambda256 (South Korea) and Dunamu Inc. (South Korea).
"Method for virtual asset transmission" was invented by Jae Hoon Oh (Seongnam-si, South Korea) and Hyeok Choi (Seoul, South Korea).
According to the abstract* released by the U.S. Patent & Trademark Office: "Disclosed is a method for use in a transmission of a virtual asset from a sender having a sending account at a sending virtual asset service provider (sending VASP) to a recipient having a receiving account at a receiving virtual asset service provider (receiving VASP). The method involves subsequent to verification that the receiving account at the receiving VASP is valid, determ...