US Patent Issued to tZERO IP on Feb. 4 for "Doubly-encrypted secret parts allowing for assembly of a secret using a subset of the doubly- encrypted secret parts" (Utah Inventors)

ALEXANDRIA, Va., Feb. 5 -- United States Patent no. 12,219,051, issued on Feb. 4, was assigned to tZERO IP LLC (Salt Lake City).

"Doubly-encrypted secret parts allowing for assembly of a secret using a subset of the doubly- encrypted secret parts" was invented by Stephen Christensen (Salt Lake City), Denny Becker (Salt Lake City), Tron Black (Sandy, Utah), Michael Calcano (South Salt Lake, Utah) and Tyler Perkins (West Jordan, Utah).

According to the abstract* released by the U.S. Patent & Trademark Office: "A system includes at least one processor and at least one memory communicatively coupled to the at least one processor. The at least one processor is configured to receive a plurality of doubly-encrypted secret parts that were encrypt...