US Patent Issued to PAYPAL on Feb. 18 for "Systems and methods for configuring a networked system to perform threshold multi-party computation" (Singaporean, American Inventors)

ALEXANDRIA, Va., Feb. 19 -- United States Patent no. 12,231,543, issued on Feb. 18, was assigned to PAYPAL INC. (San Jose, Calif.).

"Systems and methods for configuring a networked system to perform threshold multi-party computation" was invented by Hubert Andre Le Van Gong (San Jose, Calif.), Khai Hanh Tang (Singapore) and Shanshan Hua (Singapore).

According to the abstract* released by the U.S. Patent & Trademark Office: "Methods and systems are presented for providing a multi-party computation (MPC) framework for dynamically configuring, deploying, and utilizing an MPC system for performing distributed computations. Based on device attributes and network attributes associated with computer nodes that are available to be part of the MPC...