US Patent Issued to MasterCard International on Sept. 8 for "Method and system for activating wallet private keys through blockchain addresses" (California Inventors)

Posted On: 2026-09-08

ALEXANDRIA, Va., Sept. 8 -- United States Patent no. 12,731,130, issued on Sept. 8, was assigned to MasterCard International Inc. (Purchase, N.Y.).

"Method and system for activating wallet private keys through blockchain addresses" was invented by Mohammed Sadiq Ahmad (Dublin, Calif.) and Saravana Perumal Shanmugam (Fremont, Calif.).

According to the abstract* released by the U.S. Patent & Trademark Office: "A method for registration of an identified blockchain wallet using a payment card includes: receiving payment details for a payment card issued for a transaction account, the payment details including a card identifier and received from one of: an integrated circuit payment card and a financial application program; receiving wallet de...

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US Patent Issued to MasterCard International on Sept. 8 for "Method and system for activating wallet private keys through blockchain addresses" (California Inventors)