US Patent Issued to The ADT Security on July 8 for "Premises security system with secure embedded cryptocurrency storage" (Colorado Inventor)

ALEXANDRIA, Va., July 9 -- United States Patent no. 12,354,100, issued on July 8, was assigned to The ADT Security Corp. (Boca Raton, Fla.).

"Premises security system with secure embedded cryptocurrency storage" was invented by Mark Reimer (Denver).

According to the abstract* released by the U.S. Patent & Trademark Office: "A cryptocurrency management device configurable to communicate with a security system base station is described. The cryptocurrency management device comprises processing circuitry configured to receive a personal identification number (PIN) from the security system base station; provide access to a cryptocurrency wallet based on the PIN; and perform a cryptocurrency transaction associated with the cryptocurrency walle...