ALEXANDRIA, Va., June 10 -- United States Patent no. 12,294,661, issued on May 6, was assigned to NCHAIN LICENSING AG (Zug, Switzerland).
"Personal device security using cryptocurrency wallets" was invented by Craig Steven Wright (London) and Stephane Savanah (London).
According to the abstract* released by the U.S. Patent & Trademark Office: "A method of encrypting data at an electronic device where the electronic device is associated with a key device. Each device is associated with an asymmetric cryptography pair, each pair including a first private key and a first public key. Respective second private and public keys may be determined based on the first private key, first public key and a deterministic key. A secret may be determined ...