US Patent Issued to MPC Holding on Oct. 28 for "Secure key and transaction management for multi-party computation systems" (British, Italian Inventors)

ALEXANDRIA, Va., Oct. 28 -- United States Patent no. 12,457,123, issued on Oct. 28, was assigned to MPC Holding Inc. (Concord, N.H.).

"Secure key and transaction management for multi-party computation systems" was invented by Miles Robert Parry (Croydon, Great Britain), Cat-Tuong Le-Huy (London) and Olaf Stelling (Florence, Italy).

According to the abstract* released by the U.S. Patent & Trademark Office: "The disclosed technology provides for managing, authenticating, and authorizing transactions utilizing multi-party-computation ("MPC") across a network. A method includes receiving, by a server, policy data defining a transaction signing policy, receiving, from an initiator node, a transaction request, in response to receiving the trans...