The Winklevoss Twins File a Patent Application for a Method for Storing Digital Assets

The Winklevoss Twins File a Patent Application for a Method for Storing Digital Assets

Brothers Cameron and Tyler Winklevoss have applied for a patent for a new secure method for storing digital assets.

Winklevoss IP LLC's patent, "Systems and Methods for Storing Digital Mathematical Assets Using a Secure Portal," is a new method that allows digital asset accounts to be partitioned "into shared or private key segments."

The patent application states that "private keys for a multi-signature account may be stored as backup copies, such as in a hard-to-access secure vault, and may be used if a key with a simpler one is lost." access.”

Earlier this year, Winklevoss IP received a patent for trading cryptocurrency exchange products. In June of this year, Cameron and Tyler also received a patent for the issue of shares tied to an exchange traded product (ETP).

According to Cointelegraph, on April 13 of this year, Winklevoss IP received a patent for a system for improving the security of virtual transactions using conventional cryptographic principles encryption.


According to cryptodaily.co.uk

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