ALEXANDRIA, Va., Oct. 28 -- United States Patent no. 12,450,969, issued on Oct. 21, was assigned to United Services Automobile Association (USAA) (San Antonio).
"System and methods for converting banknotes to digital currency" was invented by Brian Francisco Shipley (Plano, Texas), Brian Tougas (Spring Branch, Texas), Gideon Bowie Luck (Wylie, Texas), Sean Carl Mitchem (San Antonio), Christopher Russell (The Colony, Texas), Andre Rene Buentello (San Antonio), Jose L. Romero Jr. (San Antonio) and David Joaquin Harris (San Antonio).
According to the abstract* released by the U.S. Patent & Trademark Office: "A system and method for transforming physical currency in the form of banknotes into digital currency is disclosed. The system includes...