ALEXANDRIA, Va., June 9 -- United States Patent no. 12,289,419, issued on April 29, was assigned to Provable Inc. (Reno, Nev.).
"Key derivation for account management" was invented by Howard Wu (Reno, Nev.) and Pratyush Mishra (Dublin, Calif.).
According to the abstract* released by the U.S. Patent & Trademark Office: "Key derivation for account management is disclosed, including: generating an account private key associated with a new account; generating a compute key associated with the new account based at least in part on the account private key, wherein the compute key is usable to verify a new transaction to be confirmed on a blockchain, and wherein the new transaction is initiated by the new account; and generating a view key assoc...