ALEXANDRIA, Va., June 18 -- United States Patent no. 12,327,242, issued on June 10, was assigned to Intercontinental Exchange Holdings Inc. (Atlanta).
"Multi-signature verification network" was invented by Jerry Perullo (Atlanta).
According to the abstract* released by the U.S. Patent & Trademark Office: "Systems and methods for authorizing a blockchain transaction. A verification network receives a transaction request for the blockchain transaction from a payer device including a first signature generated by a first private key associated with a payer. The verification network broadcasts a verification request to verification system(s) which assess pre-agreed threshold parameters. If the parameter(s) are satisfied, at least one verificat...