US Patent Issued to STRIPE on Nov. 25 for "Distributed assets management platform" (California, Washington, Minnesota Inventors)

ALEXANDRIA, Va., Nov. 25 -- United States Patent no. 12,482,040, issued on Nov. 25, was assigned to STRIPE INC. (South San Francisco, Calif.).

"Distributed assets management platform" was invented by Devesh Chourasiya (Mountain View, Calif.), Andrew Straussman (Plymouth, Minn.), Sumeet Bedi (Kirkland, Wash.) and Ville-Jalmari Koskela (Redmond, Wash.).

According to the abstract* released by the U.S. Patent & Trademark Office: "Disclosed herein are methods and systems for a digital platform to manage data related to the movement of assets between accounts. In one embodiment, the platform receives a continuous stream of messages, each indicating a transfer of assets between accounts. The platform verifies the messages to ensure that no digit...