US Patent Issued to NCHAIN LICENSING on Oct. 14 for "Computer implemented method and system for knowledge proof in blockchain transactions" (British Inventors)

ALEXANDRIA, Va., Oct. 21 -- United States Patent no. 12,445,287, issued on Oct. 14, was assigned to NCHAIN LICENSING AG (Zug, Switzerland).

"Computer implemented method and system for knowledge proof in blockchain transactions" was invented by Craig Steven Wright (London), Alexander Tennyson Mackay (London) and Wei Zhang (London).

According to the abstract* released by the U.S. Patent & Trademark Office: "A method of enabling knowledge proof in a blockchain transaction is disclosed. The method comprises sending, from a verifier to a prover, a blockchain transaction redeemable by means of data including (i) first data (y) based on a combination of an ephemeral key (r), second data (c) and a private key of a public-private key pair of a cry...