US Patent Issued to Wells Fargo Bank on July 14 for "Systems and methods for math-based currency credit transactions" (California Inventor)

ALEXANDRIA, Va., July 14 -- United States Patent no. 12,682,328, issued on July 14, was assigned to Wells Fargo Bank N.A. (San Francisco).

"Systems and methods for math-based currency credit transactions" was invented by Ashish B. Kurani (Hillsborough, Calif.).

According to the abstract* released by the U.S. Patent & Trademark Office: "Systems, methods, and computer-readable storage media utilized for transferring math based currency ("MBC") at a financial institution. One method includes storing a plurality of private and public key pairs in a pooled database. The method further includes receiving, from a customer computing device of a customer, a request for an MBC address to transfer an amount of MBC to a recipient. The method further ...