September 06, 2018 364By Robert Johnson
“Private keys for a multi signature account may be stored as backups, e.g., in secure storage which may be difficult to access, and may be used in the event that more readily obtainable keys are lost.”Ethereum, Ripple, Litecoin and Bitcoin and other altcoins were mentioned in the patent as well. Earlier in the year, the Winklevoss IP won a patent application for crypto-based asset trading. Back in June this year, Cameron and Tyler Winklevoss also gained a similar patent for the crypto related ETP system. As reported by Coin telegraph on 13th April this year, Winklevoss IP was allowed a patent for a system to enhance virtual transactions in a secure manner while implementing usual cryptographic encryption principles.