US Patent Issued to Capital One Services on Aug. 26 for "Custodial digital wallet management systems" (Massachusetts, Illinois Inventors)

ALEXANDRIA, Va., Aug. 26 -- United States Patent no. 12,401,498, issued on Aug. 26, was assigned to Capital One Services LLC (McLean, Va.).

"Custodial digital wallet management systems" was invented by Kevin Osborn (Newton Highlands, Mass.) and Srinivasa Chigurupati (Long Grove, Ill.).

According to the abstract* released by the U.S. Patent & Trademark Office: "Systems and methods, as described herein, relate to increasing the functionality and security of digital wallets. These methods, techniques, and infrastructure may use hardware security modules (HSMs) to manage a plurality of cryptocurrency wallets in a custodial capacity. The HSMs may have functionality incorporated therein improve the functionality and security of cryptocurrency w...