ALEXANDRIA, Va., July 23 -- United States Patent no. 12,367,485, issued on July 22, was assigned to Visa International Service Association (San Francisco).

"Federated custodian" was invented by Sivanarayana Gaddam (Santa Clara, Calif.), Atul Luykx (San Francisco) and Cuy Sheffield (Menlo Park, Calif.).

According to the abstract* released by the U.S. Patent & Trademark Office: "An enhanced federated custodian system is described. One embodiment is directed to a computer system executing instructions to: receive, from one or more members of a federated blockchain on a network of computing devices, an approval for a transaction associated with an authentication capsule; generate, via a first trusted execution environment, a first machine rea...