U.S. Patent 11068885 was awarded to NICE LTD. on July 20, 2021 and is entitled “Method and system for deanomymizing cryptocurrency users by analyzing bank transfers to a cryptocurrency exchange.” The first named inventor is Simon P. Robins of Haifa, . The abstract contains an overview of the patent disclosure:

A computerized method for deanonymizing cryptocurrency users by analyzing bank transfers to a cryptocurrency exchange may include receiving data from a currency transfer made by a user at a bank to a cryptocurrency exchange. Candidate currency exchange transactions made by the user may be identified from the currency exchange transactions completed by the cryptocurrency exchange within a predefined time interval. A set of anonymous transactions in blockchain cryptocurrency ledger in the predefined time interval may be identified where the cryptocurrency value in transactions of anonymous users in a blockchain cryptocurrency ledger matches a currency transfer amount made by the user in the candidate currency exchange transactions. Anonymous transactions in the set may be identified as being made by the user based on the probability assigned to each anonymous transaction in the set. Link to Full Patent

This blockchain patent was originally filed on November 28, 2018  as U.S. Patent Application 16/202105 at the United Stated Patent and Trademark Office. The application was them awarded a patent grant and published as U.S. Patent 11068885. The primary examiner was John W Hayes.

NICE LTD., who is the original assignee of this patent, has at least 268 total granted patents in the United States as of the date of this article. This blockchain patent has been cited 0 times by other U.S. patents according to our law firm research, and can be considered an innovative patent in the field of cryptocurrency and blockchain.

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