US Patent Issued to Gwangju Institute of Science and Technology on Aug. 5 for "Transaction verification system for blockchain, and transaction verification method for blockchain" (South Korean Inventors)

ALEXANDRIA, Va., Aug. 6 -- United States Patent no. 12,380,452, issued on Aug. 5, was assigned to Gwangju Institute of Science and Technology (Gwangju, South Korea).

"Transaction verification system for blockchain, and transaction verification method for blockchain" was invented by Jehyuk Jang (Gwangju, South Korea) and Heung-No Lee (Gwangju, South Korea).

According to the abstract* released by the U.S. Patent & Trademark Office: "A blockchain transaction confirmation system according to the present disclosure includes: a user information input interface to which user information is inputted; an external information input interface to which external information related to a cryptocurrency system is inputted; an appropriate confirmation nu...