US Patent Issued to Capital One Services on March 11 for "System and method for optimizing cryptocurrency transactions" (Illinois Inventors)

ALEXANDRIA, Va., March 12 -- United States Patent no. 12,248,932, issued on March 11, was assigned to Capital One Services LLC (McLean, Va.).

"System and method for optimizing cryptocurrency transactions" was invented by Austin Grant Walters (Savoy, Ill.), Jeremy Edward Goodsitt (Champaign, Ill.), Fardin Abdi Taghi Abad (Champaign, Ill.), Anh Truong (Champaign, Ill.) and Vincent Pham (Champaign, Ill.).

According to the abstract* released by the U.S. Patent & Trademark Office: "In the disclosed transaction processing system, a system and method are described that increase the ease of access and use of different currency networks by consumers using customizable transaction devices. The customizable transaction devices may be re-programmed p...