ALEXANDRIA, Va., July 30 -- United States Patent no. 12,373,825, issued on July 29.
"Payment encryption system" was invented by Dragos-Liviu Crintea (London).
According to the abstract* released by the U.S. Patent & Trademark Office: "A payment method and apparatus wherein a customer sends a transaction message from a customer account for a current transaction to a payment processor and to a supplier including a hash of transaction information from the current transaction and an encryption of transaction information for the current transaction including a state of the transaction. The transaction information from the current transaction along with a hash of transaction information from a previous transaction is stored in a stream of trans...