ALEXANDRIA, Va., June 19 -- United States Patent no. 12,333,536, issued on June 17.
"Cryptocurrency using digitally locked coins" was invented by Darrion Vinh Nguyen (Milpitas, Calif.), Khanh Nguyen (Milpitas, Calif.), Hao-Nhien Qui Vu (Fountain Valley, Calif.) and Anthony Justin Nguyen (Milpitas, Calif.).
According to the abstract* released by the U.S. Patent & Trademark Office: "The present disclosure generally relates to the field of digital currency, more particularly, cryptocurrency and secure payment systems using Public-key cryptography. The new cryptocurrency system utilizes digitally locked coins that can be owned and exchanged anonymously without the need for any owner account. Coin owners exchange coins by sending the digital k...