US Patent Issued to nChain Licensing on Sept. 8 for "Statement proof and verification" (British Inventor)

ALEXANDRIA, Va., Sept. 8 -- United States Patent no. 12,732,386, issued on Sept. 8, was assigned to nChain Licensing AG (Zug, Switzerland).

"Statement proof and verification" was invented by Enrique Larraia (London).

According to the abstract* released by the U.S. Patent & Trademark Office: "A method of proving that a secret committed in a commitment is a discrete logarithm of a public element of a finite group of data elements, comprising: obtaining a first vector used to generate the commitment, the first vector comprising n components, wherein one of the n components of the first vector is at a position which corresponds to the secret; generating a second vector comprising n components, wherein a component of the second vector, at a pr...