ALEXANDRIA, Va., Sept. 10 -- United States Patent no. 12,412,162, issued on Sept. 9, was assigned to MatterFi.
"Cryptographically secured hybrid (on and off blockchain) cryptocurrency system" was invented by Michal Pospieszalski (West Hollywood, Calif.).
According to the abstract* released by the U.S. Patent & Trademark Office: "A hybrid crypto process includes calling an on-chain smart contract function. The smart contract function receives a ghost blockchain address. Then the hybrid crypto function can call an oracle function with arguments that include the ghost blockchain address. The oracle function is associated to a program payment code and the oracle function can determine from the ghost blockchain address a payment code. If the r...