US Patent Issued to Visa International Service Association on Dec. 16 for "Key management for multi-party computation" (California Inventors)

ALEXANDRIA, Va., Dec. 16 -- United States Patent no. 12,500,746, issued on Dec. 16, was assigned to Visa International Service Association (San Francisco).

"Key management for multi-party computation" was invented by Oleg Gryb (San Francisco) and Sekhar Nagasundaram (San Ramon, Calif.).

According to the abstract* released by the U.S. Patent & Trademark Office: "Methods and systems for managing cryptographic keys in on-premises and cloud computing environments and performing multi-party cryptography are disclosed. A cryptographic key can be retrieved from a hardware security module by a key management computer. The key management computer can generate key shares from the cryptographic key, and securely distribute the key shares to computer...