US Patent Issued to Membrane Labs on Feb. 17 for "Platform for coordinated credit-based and non-custodial digital asset settlement" (California Inventor)

ALEXANDRIA, Va., Feb. 17 -- United States Patent no. 12,555,099, issued on Feb. 17, was assigned to Membrane Labs Inc. (New York).

"Platform for coordinated credit-based and non-custodial digital asset settlement" was invented by Carson Raymond Cook (Venice, Calif.).

According to the abstract* released by the U.S. Patent & Trademark Office: "A plurality of computer-based transactions facilitated by each of a plurality of custodians are monitored. A first transaction of the plurality of transactions includes a transfer of an amount of cryptocurrency of a first type by a first counterparty to a second counterparty in exchange for an amount of cryptocurrency of a second, different type. Transaction packages are generated by each counterparty...