U.S. Patent 10810586 was awarded to Standard Transaction Co., Ltd. on October 20, 2020 and is entitled “Currency information processor and currency information processing system.” The first named inventor is Masaru Imoto of Tokyo, . The abstract contains an overview of the patent disclosure:

There is provided a currency information processor for enabling secure and reliable use of cryptocurrency on a blockchain in which a value is secured and a value variation risk is reduced.A currency information processor 200 is capable of processing cryptocurrency in a method of validating a transaction of cryptocurrency on a blockchain 500 on the basis of a plurality of signatures, and includes a receiving unit, a temporary issuing unit, and a setting unit. The receiving unit is capable of receiving cryptocurrency issuance request including a first signature from a user. The temporary issuing unit issues temporary cryptocurrency on the blockchain on the basis of the cryptocurrency issuance request. When a second signature is received from a custodian within a predetermined period after the temporary cryptocurrency is issued and the second signature is confirmed to be valid, the setting unit sets the temporary cryptocurrency issued by the temporary issuing unit to be processed as valid cryptocurrency that has been approved. Link to Full Patent

This blockchain patent was originally filed on September 13, 2018  as U.S. Patent Application 16/466205 at the United Stated Patent and Trademark Office. The application was them awarded a patent grant and published as U.S. Patent 10810586. The primary examiner was Jacob C. Coppola.

Standard Transaction Co., Ltd., who is the original assignee of this patent, has at least 1 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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