19 Oct '15, 11am

21 Inc Applies for Digital Currency Mining Circuitry Patent: 21 Inc, the best-funded company in

21 Inc Applies for Digital Currency Mining Circuitry Patent: 21 Inc, the best-funded company in

21 Inc, the best-funded company in bitcoin, has filed a patent application with the US Patent and Trademark Office (USPTO) for a form of digital currency mining circuitry. The USPTO – the agency charged with issuing patents to investors and businesses and registering product and intellectual property trademarks – published the submission on 15th October. Filed in April last year, the filing lists Matthew Pauker; co-founder and chairman at 21 Inc, Nigel Drego; co-founder and chief architect, Veerbhan Kheterpal; president and co-founder and Daniel Fir; co-founder as inventors of a digital currency mining circuitry. The filing reads : "The present invention relates to mining of digital currencies such as cryptocurrencies. Mining circuitry and mining operations described herein may be used for any digital medium of exchange such as digital currencies, credits, rewards, or poin...

Full article: http://www.coindesk.com/21-inc-applies-for-digital-curren...

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