The Winklevoss Brothers Receive Patent For Digital Transaction Security System

Cointelegraph

Published Apr 12, 2018 06:11PM ET

Updated Apr 12, 2018 07:32PM ET

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.

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