ALEXANDRIA, Va., Nov. 3 -- United States Patent no. 12,784,013, issued on Nov. 3, was assigned to NATIONAL CURRENCY TECHNOLOGIES INC. (Ashburn, Va.).
"Centralized tracking for digital currencies" was invented by Joshua M. Povsner (Ashburn, Va.) and Duncan Parker (Richmond, Va.).
According to the abstract* released by the U.S. Patent & Trademark Office: "A central system may track virtual notes of a digital currency involved in transactions so that current ownership of the virtual notes can be verified as a basis for authorizing transactions involving the virtual notes. The central system may create and maintain an electronic history for the virtual notes, and update the electronic history after each transaction."
The patent was filed on ...