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The brothers Winklewoss received a patent in the field of crypto-currency

Winklevoss IP, owned by the Brothers Winklewoss, the founders of the Gemini exchange , received a Patent for a system designed to improve the security of digital transactions.

The proposed solution uses several cryptographic techniques, including hash functions and digital signatures, which is designed to ensure the security of transactions on the cloud exchange. From his description, it can be concluded that the patent is prepared for use in the infrastructure of the crypto-birge Gemini.

The application was filed in November, and the patent itself was issued on Tuesday by the US Patent and Trademark Office.

“The present invention is an improvement in computer security technology. To date, computers are vulnerable to attacks, whether it is the introduction of malicious code or unauthorized access to information through external connections, such as the Internet, “the application explains.

“As computer systems increasingly shift to distributed computing architectures, including cloud computing, external data connections are often a prerequisite for the operation of computer systems.”

Winklevoss IP, LLC, which received this patent, owns many trademarks and 5 patents, including issued this week.

The post The Brothers Winklewoss Received a patent in the field of crypto-currency appeared first on 9 to 5 Live.



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The brothers Winklewoss received a patent in the field of crypto-currency

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