INTERNATIONAL PATENT: R3 LTD. FILES APPLICATION FOR "MANAGING SECURE COMMUNICATIONS WITH CONFIDENTIAL ENTITIES"

GENEVA, May 5 -- R3 LTD. (2 London Wall PlaceLondon EC2Y 5AU) filed a patent application (PCT/IB2024/060547) for "MANAGING SECURE COMMUNICATIONS WITH CONFIDENTIAL ENTITIES" on Oct 25, 2024. With publication no. WO/2025/088584, the details related to the patent application was published on May 01, 2025.

Notably, the patent application was submitted under the International Patent Classification (IPC) system, which is managed by the World Intellectual Property Organization (WIPO).

Inventor(s): FYTRAKI, Sotiria (c/o R3 Ltd.2 London Wall PlaceLondon EC2Y 5AU), NESBIT, Matthew (c/o R3 Ltd.2 London Wall PlaceLondon EC2Y 5AU)

Abstract: Central bank digital currency (CBDC) tokens are used for payment in a transaction initiated by a payment card...