Topic: Winklevoss Twins Create New Patent For The Most Secure Transactions (Read 109 times)
These guys deserve more asset since i know they are the true person behind facebook idea which stolen by mark. They are rich now while facebook facing many legal issues in data breach. And now these guy make a new patent so this is will be the good sign for crypto that crypto really is our futures
April 13, 2018, 03:51:25 PM
I think these guys are just self serving, some said they have not done much for the Bitcoin space since they entered the space and I was told they have close to 1 million BTC and also sitting on millions of Ethereum and other successful ICOs too. I preferred open source platform which will allow for growth of the whole ecosystem altogether
April 13, 2018, 10:41:20 AM
It is extremely smart what they are doing, they are some of the most progressive thinkers in this space. Combine that with the fact they are working out of the USA, you have to have all your loose ends tied up so to speak. I am glad they are doing well and hope they are more successful in the future because they are good ambassadors for Bitcoin I believe.
April 13, 2018, 10:26:14 AM
Today, it was announced that Winklevoss twins have been granted new patents related to increased security in digital operations. The twins Winklevoss, famous for his links with Facebook's social networking and creation, have switched to crypto efforts since mid-2013. They have formed an exchange called Gemini, and have gained several patents since then.
Patent business is a very important business because it allows its proponents to defend the right of the proposed solution. A patent is a form of intellectual property of a way of doing things, in general. Business patents in the cryptocurrency industry are still new and booming, especially when dealing with security issues.
The patent relates to defining "Systems, methods, and product programs for processing secure transactions in cloud computing systems". What this means is that they have effectively proposed a new system to improve the reliability of money operations in a distributed environment. The distributed environment, or "cloud computing system" as mentioned in this patent, is a platform where not all users are directly connected, and they must rely on long distance connections to communicate between them.
Patent business is a very important business because it allows its proponents to defend the right of the proposed solution. A patent is a form of intellectual property of a way of doing things, in general. Business patents in the cryptocurrency industry are still new and booming, especially when dealing with security issues.
The patent relates to defining "Systems, methods, and product programs for processing secure transactions in cloud computing systems". What this means is that they have effectively proposed a new system to improve the reliability of money operations in a distributed environment. The distributed environment, or "cloud computing system" as mentioned in this patent, is a platform where not all users are directly connected, and they must rely on long distance connections to communicate between them.
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