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
You May Also Like
eBay will start accepting cryptocurrency. Why does the company need this?
The American trading platform eBay plans to start accepting payments for its goods in cryptocurrency - perhaps this will be announced as early as March 10. What benefits does she see from this and what other companies are interested in cryptocurrency in this regard?
The most expensive coin in the world
The 1933 Saint-Gaudens Double Eagle is the most expensive coin sold at auction.
