This article was prepared using automated systems that process publicly available information. It may contain inaccuracies or omissions and is provided for informational purposes only. Nothing herein constitutes financial, investment, legal, or tax advice.
VeChain has been granted a U.S. patent for a privacy-focused identity verification system that authenticates users without storing sensitive data. This innovation strengthens blockchain applications in finance and healthcare, sectors with stringent data protection laws. The patent marks another milestone in VeChain’s growing intellectual property portfolio.
- VeChain's new U.S. patent enables secure identity verification without storing personal data on the blockchain, addressing privacy concerns in finance and healthcare.
- The company has multiple patents, including for cold chain logistics temperature tracking and carbon credit trading, showcasing its diverse blockchain applications.
- VeChain is enhancing its network with protocol updates like 'VeChain Renaissance' and 'Stargate,' focusing on scalability, governance, and interoperability.
📎 Related coverage from: crypto-news-flash.com