US Patent Issued to POSTECH ACADEMY-INDUSTRY FOUNDATION on May 13 for "Method and apparatus for user authentication based on block chain" (South Korean Inventors)

ALEXANDRIA, Va., June 12 -- United States Patent no. 12,301,571, issued on May 13, was assigned to POSTECH ACADEMY-INDUSTRY FOUNDATION (Pohang-si, South Korea).

"Method and apparatus for user authentication based on block chain" was invented by Chan Ik Park (Pohang-si, South Korea) and Jeong Hyeon Ma (Ansan-si, South Korea).

According to the abstract* released by the U.S. Patent & Trademark Office: "A user authentication method performed by an authentication management server constituting a block chain network with a target device may comprise receiving, from the target device, a transaction including authentication information of a user and a unique value of the target device; determining a token of the user stored in a smart contract ba...