VeChain earns a U.S. patent US 12,093,419 B2 for identity authentication.
The patented system employs encryption keys and blockchain for secure identity verification.
VeChain’s innovation promises better security for industries like finance, healthcare, and supply chains.
Blockchain platform VeChain has received approval for a US patent for identity authentication methods, which is a significant breakthrough in blockchain technology.
VeChain has just obtained a new patent (US 12,093,419 B2) for groundbreaking methods in managing user identity authentication data! 
This is another significant advancement in blockchain technology! #VeChain #Blockchain #Innovation #TechNews pic.twitter.com/NTjppwLtgO
— Collin Brown (@CollinBrownXRP) October 8, 2024
The patent, US 12,093,419 B2, covers VeChain’s advanced methods and devices to manage user identity authentication data. This development strengthens blockchain’s role in securing sensitive data, especially in identity management—a key area for industries like finance, healthcare, and supply chains. It’s a major step forward in blockchain-based security technologies.
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