Cameron and Tyler Winklevoss’ brothers have fileda newpatent for “securely storing digital assets,” as per the U.S. Patent and Trademark office ‘USPTO.’
The conformation of the patent was confirmed by USPTO stating that the Winkevoss’s brothers filed a new LLC patent under the name ’Systems and Strategies for storing digital math based assets employing a secure portal’ which includes a new methodology that permits for the division of a digital asset account “into a plurality of personal key segments,” providing safer technology for digital currencies. The patent further states:
“Private keys for a multi-signature accountcould also bekeeptas backups, e.g., in secure storage,which canbetoughto access,and shouldbeutilized inthe event when the promptly available keys are lost.”
According to the filing, the patent applies to “digital math-based assets,”whereverBitcoin ‘(BTC’ and Ethereum ‘ETH’ along with other altcoins are mentioned.
Earlier this year, Winklevoss brothers were approved for a patent for crypto-basedassettrading that permitsfor the settlement of exchange-tradedproduct(ETP’s)employingdigital currencies and in June, anadditional patent was also granted for a crypto-related ETP system.
Back inApril, a patent for a systemto securethe digital transactions was also approved that implemented commoncryptologicsecret writingprinciples.