US Patent Issued to Galaxy Digital Trading on Jan. 28 for "Transferring digital assets possession over a unidirectional connection" (Israeli Inventors)

ALEXANDRIA, Va., Jan. 29 -- United States Patent no. 12,211,032, issued on Jan. 28, was assigned to Galaxy Digital Trading LLC (New York).

"Transferring digital assets possession over a unidirectional connection" was invented by Shahar Shamai (Rehovot, Israel) and Lior Lamesh (Rishon-LeZion, Israel).

According to the abstract* released by the U.S. Patent & Trademark Office: "A method of increasing security of digital assets stored in an isolated device by associating the isolated device with a plurality of accounts of the user each configured to store a limited value of digital assets, each of the plurality of accounts is assigned an asymmetric cryptographic key pair (comprising a unique private key encrypting the respective account and a...