US Patent Issued to Wells Fargo Bank on Dec. 9 for "Infrastructure for maintaining math-based currency accounts" (California Inventor)

ALEXANDRIA, Va., Dec. 9 -- United States Patent no. 12,493,863, issued on Dec. 9, was assigned to Wells Fargo Bank N.A. (San Francisco).

"Infrastructure for maintaining math-based currency accounts" was invented by Ashish B. Kurani (Hillsborough, Calif.).

According to the abstract* released by the U.S. Patent & Trademark Office: "A banking system of a financial institution maintains a plurality of customer accounts in math-based currency ("MBC"). The system includes a network interface configured to facilitate data transmission over a network. The system includes a ledger including information relating to the plurality of customer accounts associated with a plurality of customers. The system includes a processor configured to update infor...