US Patent Issued to Franklin Resources on May 27 for "Multilayer system and method for securing a blockchain-based token using random temporal windowing" (California Inventors)

ALEXANDRIA, Va., June 17 -- United States Patent no. 12,314,938, issued on May 27, was assigned to Franklin Resources (San Mateo, Calif.).

"Multilayer system and method for securing a blockchain-based token using random temporal windowing" was invented by Michael Muir (San Mateo, Calif.), Igor Natanzon (San Mateo, Calif.) and Anirudh Yadav (San Mateo, Calif.).

According to the abstract* released by the U.S. Patent & Trademark Office: "A multi-layer cybersecurity system and method for protecting digital wallets holding blockchain-based tokens traded on a financial platform. Specifically, the invention employs random temporal windowing in relation to: (1) reshuffling designated machines running a multi-party computation protocol; and (2) re...