Blockchain Patent Granted to Cybersecurity Company Owned by U.S. Defense Contractor

Cointelegraph

Published Apr 21, 2019 10:24AM ET

Updated Apr 21, 2019 10:42AM ET

Blockchain Patent Granted to Cybersecurity Company Owned by U.S. Defense Contractor

Documents published by the United States Patent and Trademark Office (USPTO) on April 16 reveal that Texas-based cybersecurity company Forcepoint has been awarded a blockchain-related patent.

Forcepoint is owned by U.S. defense contractor Raytheon (NYSE:RTN) and private equity firm Vista Equity Partners, and Crunchbase estimates its yearly revenue to be $600 million.

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