US Patent Issued to NCHAIN LICENSING on Feb. 17 for "System and method for securely sharing cryptographic material" (British, Luxembourger Inventors)

ALEXANDRIA, Va., Feb. 17 -- United States Patent no. 12,556,378, issued on Feb. 17, was assigned to NCHAIN LICENSING AG (Zug, Switzerland).

"System and method for securely sharing cryptographic material" was invented by Alexandra Covaci (London), Simone Madeo (London), Patrick Motylinski (London) and Stephane Vincent (Luxembourg).

According to the abstract* released by the U.S. Patent & Trademark Office: "Systems and methods described herein relate to techniques in which multiple parties each generate and exchange quantities that are based on a shared secret (e.g., powers of the shared secret) without exposing the shared secret. According to a protocol, two or more parties may exchange sets of elliptic curve points generated over polynomi...