US Patent Issued on Sept. 9 for "Method of automatically providing cryptocurrency to recommender using SNS propagation" (South Korean Inventor)

ALEXANDRIA, Va., Sept. 10 -- United States Patent no. 12,412,176, issued on Sept. 9.

"Method of automatically providing cryptocurrency to recommender using SNS propagation" was invented by In Gi Kim (Gwangju, South Korea).

According to the abstract* released by the U.S. Patent & Trademark Office: "A method for automatically providing a cryptocurrency to a recommender using social networking service (SNS) propagation includes an SNS friend recommending step, a new registration step, a reward rate determining step, a rewarding step, a transaction processing step, and a retransaction-based transaction processing step. The reward rate determining step includes the steps of determining a membership grade of a blockchain member recommended by t...