ALEXANDRIA, Va., Aug. 12 -- United States Patent no. 12,387,202, issued on Aug. 12, was assigned to Block Inc. (Oakland, Calif.).
"Systems and methods for managing cryptocurrency" was invented by Shivaraman Ramachandran (Fremont, Calif.), Max Guise (San Francisco), Justin Williams (New York), Jesse Posner (San Francisco), Alexander Schoof (Leesburg, Va.), Jordan Mecom (San Francisco), Arvin Aminpour (Redwood City, Calif.), Allison Moyer (San Francisco), Kirill Zhukov (San Francisco), David Robinson (Brunswick, Australia), Bradley Ryan (Denver), Ryan Lanman (San Francisco) and Lindsey Grossman (High Falls, N.Y.).
According to the abstract* released by the U.S. Patent & Trademark Office: "A system for locally authenticating a transaction of...