US Patent Issued to Block on Jan. 27 for "Methods and systems for managing cryptocurrency" (New York, California, Virginia, Georgia Inventors)

ALEXANDRIA, Va., Jan. 28 -- United States Patent no. 12,536,531, issued on Jan. 27, was assigned to Block Inc. (Oakland, Calif.).

"Methods and systems for managing cryptocurrency" was invented by Ryan Lanman (San Francisco), Alexander Schoof (Leesburg, Va.), Arvin Aminpour (New York) and Clayton Garrett (Atlanta).

According to the abstract* released by the U.S. Patent & Trademark Office: "The present disclosure generally relates to methods, systems, apparatuses, and non-transitory computer readable media for managing cryptocurrency. A cryptocurrency management system has a cryptocurrency management device (CMD), a mobile communication device (MCD), and a cryptocurrency management server (CMS) that are each configured to store a respective...