US Patent Issued to UNIVERSITY OF SOUTH FLORIDA on Oct. 28 for "Systems and methods for energy efficient and useful blockchain proof of work" (Florida Inventors)

ALEXANDRIA, Va., Oct. 28 -- United States Patent no. 12,457,102, issued on Oct. 28, was assigned to UNIVERSITY OF SOUTH FLORIDA (Tampa, Fla.).

"Systems and methods for energy efficient and useful blockchain proof of work" was invented by Efe Ulas Akay Seyitoglu (Tampa, Fla.), Attila A. Yavuz (Tampa, Fla.) and Thang Hoang (Tampa, Fla.).

According to the abstract* released by the U.S. Patent & Trademark Office: "The disclosure provides systems and methods for an improved Proof of Work (PoW) technique that enforces the creation of cryptographic tokens while solving the PoW puzzle. The systems and methods disclosed herein more efficiently utilize the high computational and energy consumption in attempts to solve PoW puzzles, by combining the ...