Internet retailer Amazon (NASDAQ:AMZN) has been awarded two blockchain-related patents. The two patents were originally filed back in 2018 and 2015 as part of a bid to solidify Amazon’s status as a contender in the domain. The patents, published by the U.S. Patent and Trademark Office (USPTO) on Tuesday, relate to cryptographic signatures and expandable data grids.

The first of the patents, called Signature Delegation, outlines a method for the protection of digital signatures while delegating signature authority to subordinates authorized to sign on the behalf of a central entity. The delegation of signature authority resembles the “Merkle Tree” structure — a binary data structure that facilitates the efficient verification of a large amount of data and is fundamental to bloc…

This article appeared first on Cryptovest

Like this: Like Loading...