ALEXANDRIA, Va., June 17 -- United States Patent no. 12,314,941, issued on May 27, was assigned to Coinbase Inc. (Oakland, Calif.).
"Enabling cryptographic transfers" was invented by Varun Varahabhotla (Bellevue, Wash.), Erick Ho (Oakland, Calif.), Shiv Ansal (Cupertino, Calif.), Andrew Hang (Temple City, Calif.) and Mansi Prakash (Oakland, Calif.).
According to the abstract* released by the U.S. Patent & Trademark Office: "Methods and systems are described herein for performing cryptographic operations. In particular, the system receives identifiers for blockchain operation requests (e.g., bids) for transferring control of a non-fungible token (NFT) from a first blockchain address to a second blockchain address in exchange for payment (e...