Winklevoss Brothers File New Patent for Crypto Key Storage System
Cryptovest
Published Sep 10, 2018 01:35AM ET
Updated Sep 10, 2018 02:41AM ET
Winklevoss Brothers File New Patent for Crypto Key Storage System
The founders of digital asset platform Gemini, Cameron and Tyler Winklevoss, have filed a new patent for securely storing digital assets, according to a document published by the US Patent and Trademarks Office (USPTO) on Tuesday.
The patent, named “Systems and methods for storing digital math-based assets using a secure portal”, outlines a plan to develop a network of computers capable of generating accounts for storing cryptocurrencies or cryptocurrency-related exchange-traded products (ETPs). The computers would be isolated, like a cold storage device, except during transfer of assets and would have access to a secure portal, which may connect the machines to the blockchain network during transactions, if required.
The new method divides a digital asset account into a “plurality of private keys” for increa...
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