ALEXANDRIA, Va., Nov. 3 -- United States Patent no. 12,784,054, issued on Nov. 3, was assigned to MasterCard International Inc. (Purchase, N.Y.).
"Preprocessing cryptocurrency transactions" was invented by Ragunath Venkatapathy (O'Fallon, Mo.), Ramya Kumarasamy (O'Fallon, Mo.) and Ravi Siva Prasad Malipeddi (O'Fallon, Mo.).
According to the abstract* released by the U.S. Patent & Trademark Office: "Examples predict changes in risk scores in cryptocurrency transactions between potential transacting parties. The system identifies a tentative transaction between the sender and receiver on a cryptocurrency blockchain. The system builds a receiver transaction tree based on cryptocurrency transactions already recorded in the blockchain. The sys...