US Patent Issued to Wells Fargo Bank on Jan. 20 for "Systems and methods for maintaining deposits of math-based currency" (California Inventor)

ALEXANDRIA, Va., Jan. 20 -- United States Patent no. 12,530,664, issued on Jan. 20, was assigned to Wells Fargo Bank N.A. (San Francisco).

"Systems and methods for maintaining deposits of math-based currency" was invented by Ashish B. Kurani (Hillsborough, Calif.).

According to the abstract* released by the U.S. Patent & Trademark Office: "Systems, methods, and computer-readable storage media for interest allocation to math based currency (MBC) at a financial institution. One method includes storing a plurality of private and public key pairs in a pooled account key storage associated with a total amount of MBC. The method further includes tracking an association of an amount of MBC with each of a plurality of MBC accounts of a plurality ...