US Patent Issued to Visa International Service Association on Oct. 20 for "Rapid cryptocurrency transaction processing" (California, Virginia Inventors)

ALEXANDRIA, Va., Oct. 21 -- United States Patent no. 12,770,138, issued on Oct. 20, was assigned to Visa International Service Association (San Francisco).

"Rapid cryptocurrency transaction processing" was invented by Yuexi Chen (Foster City, Calif.) and Benjamin Price (Rockingham, Va.).

According to the abstract* released by the U.S. Patent & Trademark Office: "A method for conducting cryptocurrency transactions at an access device. The method includes initiating communication with an access device operated by a second user in a transaction between the first user and the second user, and then transmitting a request for transaction data to the access device. The method also includes receiving the transaction data comprising a transaction ...