US Patent Issued to Zkrypto on Nov. 18 for "Method of encryption based on identification using Pedersen commitment and method of decryption corresponding the same" (South Korean Inventor)

ALEXANDRIA, Va., Nov. 18 -- United States Patent no. 12,476,809, issued on Nov. 18, was assigned to Zkrypto Inc. (Seoul, South Korea).

"Method of encryption based on identification using Pedersen commitment and method of decryption corresponding the same" was invented by Hyunok Oh (Seoul, South Korea).

According to the abstract* released by the U.S. Patent & Trademark Office: "The present invention is an encryption method based on identification using a Pedersen commitment and a decryption method corresponding to the same. An encryption method of a message based on identification, performed by at least one processor, includes steps of receiving a public parameter and a public key, randomly determining an encryption constant, parsing a plu...