US Patent Issued to Flexa on March 4 for "Cryptocurrency payment system payments backed by assignable tokens" (New York Inventors)

ALEXANDRIA, Va., March 5 -- United States Patent no. 12,243,032, issued on March 4, was assigned to Flexa Inc. (New York).

"Cryptocurrency payment system payments backed by assignable tokens" was invented by Trevor Filter (New York), Zachary Kilgore (Brooklyn, N.Y.), Robert Leshner (New York) and Tyler Robert Spalding (New York).

According to the abstract* released by the U.S. Patent & Trademark Office: "A method includes determining, by a digital asset custodial device, to assign conditional access rights to an amount of assignable tokens stored in a digital asset custodial device account of the digital asset custodial device to a network computing device of a cryptocurrency payment system to back certain interactions of the cryptocurren...