FMR had one patents in quantum computing during Q4 2023. The patent describes methods and apparatuses for secure storage and transmission of a cryptocurrency encryption key using a combination of quantum computing, encryption, and ultrasonic sound waves for communication with a remote computing device. GlobalData’s report on FMR gives a 360-degreee view of the company including its patenting strategy. Buy the report here.
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FMR grant share with quantum computing as a theme is 0% in Q4 2023. Grant share is based on the ratio of number of grants to total number of patents.
Recent Patents
Application: Secure storage and transmission of a cryptocurrency encryption key (Patent ID: US20230421363A1)
The patent filed by FMR LLC describes methods and apparatuses for secure storage and transmission of a cryptocurrency encryption key. The apparatus includes components such as a microprocessor, a security module with private and public keys, a quantum computing module, a speaker, and a microphone. The process involves generating private and public keys, encrypting the private key, creating signatures, and transmitting data via ultrasonic sound waves between computing devices. The method ensures secure storage and transmission of cryptocurrency encryption keys through a series of pairing functions and cryptocurrency wallet creation functions, utilizing quantum computing technology for enhanced security.
The system involves a first computing device with various components like a microprocessor, security module, quantum computing module, speaker, and microphone, as well as a second computing device with similar components. The first device initiates a pairing function by analyzing software modules, generating signatures, and transmitting data via ultrasonic sound waves to the second device. The second device then validates the received data, generates a new public key, and transmits back to the first device. This process ensures secure communication and storage of cryptocurrency encryption keys, with additional functions for cryptocurrency wallet creation and transaction signing. The system utilizes quantum computing technology and ultrasonic sound waves for secure and efficient transmission of sensitive data between devices, ensuring the protection of cryptocurrency assets.
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GlobalData Patent Analytics tracks bibliographic data, legal events data, point in time patent ownerships, and backward and forward citations from global patenting offices. Textual analysis and official patent classifications are used to group patents into key thematic areas and link them to specific companies across the world’s largest industries.
