ALEXANDRIA, Va., July 16 -- United States Patent no. 12,671,587, issued on June 30, was assigned to Visa International Service Association (San Francisco).
"Non-custodial cryptocurrency wallet" was invented by Bryce Jurss (Leander, Texas) and Suresh Kalakrishnan (Cedar Park, Texas).
According to the abstract* released by the U.S. Patent & Trademark Office: "The present disclosure describes a non-custodial cryptocurrency wallet application, software development kit, method, and system that blend the advantages of custodial and non-custodial schemes. The system leverages existing user credentials and networks of users to generate seed phrases and encryption keeps for the end-users. The non-custodial cryptocurrency wallet application simulat...