US Patent Issued to DMG BLOCKCHAIN SOLUTIONS on May 27 for "Selection of cryptographic identifiers in a block" (Canadian Inventors)

ALEXANDRIA, Va., June 17 -- United States Patent no. 12,315,009, issued on May 27, was assigned to DMG BLOCKCHAIN SOLUTIONS INC. (Canada).

"Selection of cryptographic identifiers in a block" was invented by Adrian Glover (Surrey, Canada), Sheldon Bennett (Surrey, Canada) and James Stafford-Coyte (Vancouver, Canada).

According to the abstract* released by the U.S. Patent & Trademark Office: "A method for detecting and tracking tainted cryptographic wallets. The method measures a wallet's propensity to engage in criminal or suspicious activity. Naturally, transacting with a criminal is tantamount either to funding crime or laundering its proceeds, so it is in our collective interest to identify-and then monitor or quarantine-any wallet with...