The Winklevoss Brothers Receive Patent For Digital Transaction Security System

Winklevoss IP, owned by brothers Cameron and Tyler Winklevoss, has been granted a patent for a system to enhance the security of digital transactions, according to a patent document published by the US Patent and Trademarks Office (SPTO) April 10.

According to the patent, the new system is an “improvement to computer security technology” that seeks to embrace a “system, method, and program product for processing secure transactions within a cloud computing system” implementing common cryptographic encryption principles.

As the authors claim in the patent, the system would provide a secure means of data verification in order to prevent “unauthorized access of information over external data connections.”

Reference: https://cointelegraph.com/news/the-winklevoss-brothers-receive-patent-for-digital-transaction-security-system

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