US Patent Issued to Zelus Wallet on Nov. 18 for "Automated transactions across multiple blockchains with cryptocurrency swaps" (Texas Inventor)

ALEXANDRIA, Va., Nov. 18 -- United States Patent no. 12,475,452, issued on Nov. 18, was assigned to Zelus Wallet LLC (Dallas).

"Automated transactions across multiple blockchains with cryptocurrency swaps" was invented by James William Traweek III (Dallas).

According to the abstract* released by the U.S. Patent & Trademark Office: "A user operating an endpoint app chooses to obtain a blockchain-based asset on a target blockchain. The user does not have blockchain transaction credentials for the target blockchain, but does have blockchain transaction credentials for a source blockchain. The endpoint app hierarchically creates target blockchain transaction credentials for the user, using an initial seed of entropy that was used to create th...