US Patent Issued to Coinbase on March 11 for "Secure authorization and transmission of data between trustless actors" (American, Japanese Inventors)

ALEXANDRIA, Va., March 12 -- United States Patent no. 12,250,202, issued on March 11, was assigned to Coinbase Inc. (San Francisco).

"Secure authorization and transmission of data between trustless actors" was invented by Abhilash Jayakumar (San Francisco), Harrison Dahme (San Francisco), Nishil Shah (San Francisco), Morgan Roman (Kyoto, Japan) and Zachary Blacher (San Francisco).

According to the abstract* released by the U.S. Patent & Trademark Office: "One or more aspects described herein provide methods and systems for authoritatively confirming that a recipient is an intended recipient to receive personal data, and to securely transmit the personal data to the intended recipient, when both the sender and receiver are operating in a t...