US Patent Issued to NCHAIN LICENSING on Aug. 19 for "Blockchain-based atomic swap with veiled secret value exchange" (British Inventor)

ALEXANDRIA, Va., Aug. 20 -- United States Patent no. 12,395,318, issued on Aug. 19, was assigned to NCHAIN LICENSING AG (Zug, Switzerland).

"Blockchain-based atomic swap with veiled secret value exchange" was invented by Craig Steven Wright (London).

According to the abstract* released by the U.S. Patent & Trademark Office: "A computer-implemented exchange method is provided. The method may be performed on one or more blockchains, such as the Bitcoin Cash blockchain. The method comprises the steps of: communicating a first veiled secret value from a first user to a second user and a second veiled secret value from the second user to the first user; and constructing first and second blockchain transactions each comprising the first veiled ...