ALEXANDRIA, Va., Aug. 6 -- United States Patent no. 12,380,498, issued on Aug. 5, was assigned to Wells Fargo Bank N.A. (San Francisco).

"Systems and methods for operating a math-based currency exchange" was invented by Ashish B. Kurani (Burlingame, Calif.).

According to the abstract* released by the U.S. Patent & Trademark Office: "Systems and methods utilized to protect data. One method includes receiving an exchange request and determining a current exchange rate for at least one different currency transaction. The method further includes determining an exchange sequence generating a first public and private key pair and a second public and private key pair. The method further includes receiving an exchange confirmation updating an acc...