US Patent Issued to MasterCard International on Oct. 28 for "Method and system for quantum key distribution (QKD) within blockchain platforms" (Indian Inventors)

ALEXANDRIA, Va., Oct. 28 -- United States Patent no. 12,457,100, issued on Oct. 28, was assigned to MasterCard International Inc. (Purchase, N.Y.).

"Method and system for quantum key distribution (QKD) within blockchain platforms" was invented by Jaipal Singh Kumawat (Rajasthan, India) and Avinash Upadhyay (Noida, India).

According to the abstract* released by the U.S. Patent & Trademark Office: "A method for improved security in blockchains using quantum key distribution includes: storing a first cryptographic key; establishing a first communication channel with an external device; generating a second cryptographic key over the first communication channel using quantum key distribution; encrypting a data set using the second cryptographi...