US Patent Issued to PAYPAL on Oct. 21 for "Risk determination enabled crypto currency transaction system" (Texas Inventors)

ALEXANDRIA, Va., Oct. 28 -- United States Patent no. 12,450,611, issued on Oct. 21, was assigned to PAYPAL INC. (San Jose, Calif.).

"Risk determination enabled crypto currency transaction system" was invented by Sriram Ramakrishnan (Austin, Texas) and Frank Anthony Nuzzi (Pflugerville, Texas).

According to the abstract* released by the U.S. Patent & Trademark Office: "Systems and methods for providing risk determination in a crypto currency transaction include receiving, through a network via a broadcast by a first payer device, a first crypto currency transaction that includes a first payee public address. A first request for a determination of risk associated with the first crypto currency transaction is then identified in the first cry...