ALEXANDRIA, Va., July 14 -- United States Patent no. 12,683,780, issued on July 14, was assigned to SOLANA MOBILE INC. (Chicago).
"Distributed digital wallet seed phrase" was invented by Gary Anderson (San Mateo, Calif.), Jason Sean Gagne-Keats (Cupertino, Calif.) and David John Evans V (Portola Valley, Calif.).
According to the abstract* released by the U.S. Patent & Trademark Office: "The disclosed technique secures a seed phrase configured to access a digital wallet, which holds private keys to access digital assets on a blockchain. Copies of portions of the seed phrase are stored at multiple electronic devices. The seed phrase can be reconstructed at a particular device by retrieving a necessary and sufficient number of the portions f...