US Patent Issued to Goldman Sachs &Co. on Feb. 18 for "Pseudonymous transactions on blockchains compliant with know your customer regulations and reporting requirements" (American, British Inventors)

ALEXANDRIA, Va., Feb. 19 -- United States Patent no. 12,229,775, issued on Feb. 18, was assigned to Goldman Sachs &Co. LLC (New York).

"Pseudonymous transactions on blockchains compliant with know your customer regulations and reporting requirements" was invented by Paul Burchard (Jersey City, N.J.), Fabiano Romeiro (London), Marco Argenti (Jersey City, N.J.), Raj Mahajan (New York), Anthony Daoud (New York), Dominic Dotterrer (New York), Lachlan Maxwell (Ashburn, Va.) and Rahul Sharma (San Jose, Calif.).

According to the abstract* released by the U.S. Patent & Trademark Office: "A method for compliance with Know Your Customer (KYC) and other regulations includes a pseudonymous globally unique identifier stored on a blockchain that associ...