US Patent Issued to Gemini IP on March 4 for "Payment instrument cryptocurrency rewards and lending platform" (New York Inventors)

ALEXANDRIA, Va., March 5 -- United States Patent no. 12,243,069, issued on March 4, was assigned to Gemini IP LLC (New York).

"Payment instrument cryptocurrency rewards and lending platform" was invented by Thomas Harrison (New York), Thomas Vaniotis (New York), Wendy Mock (New York), Soeren Roerden (Brooklyn, N.Y.), Evan Eisman (New York City, N.Y.) and Francis Chen (New York City, N.Y.).

According to the abstract* released by the U.S. Patent & Trademark Office: "Systems and methods for payment instrument cryptocurrency rewards and lending are disclosed. A payment instrument may be utilized and a cryptocurrency reward amount may be determined for purchases made using the payment instrument. A series of processes may be performed to acqui...