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DMG Blockchain Solutions Announces Issuance of U.S Patent for Custom Mempool Protocol
DMG Blockchain Solutions Announces Issuance of U.S Patent for Custom Mempool Protocol, Participation at Upcoming Investor Conference
DMG Announces Issuance of U.S Patent for Mempool Protocol
DMG announces the issuance of U.S. Patent No. 11,810,103 by the U.S. Patent and Trademark Office (USPTO). This patent covers DMG's innovative Custom Mempool Protocol for processing cryptographic events.
The patented system allows applications to send events to hashing processors operating on a custom mempool protocol, separate from the public blockchain protocol. Events are hashed only with other events that meet specific screening criteria, preventing transactions from being propagated to external nodes. This enhances control over which events are processed, improving both security and privacy.
“This patent strengthens DMG’s commitment to developing secure, scalable digital asset solutions that give users more control over their transactions,” said DMG’s CEO, Sheldon Bennett.This patent forms the foundation of DMG's previously announced Petra technology, which has been successfully applied by both financial institutions (DMG and Zodia Custody Successfully Test Blockseer’s “Petra” Platform, October 20, 2021) and ordinal creators (DMG Blockchain Solutions Reiterates Leadership in Bitcoin Blockchain Services, March 01, 2024).
DMG Management at Upcoming Investor Conference
DMG’s management will present at the ArcStone-Kingswood Growth Summit 2024, held on September 26th from 8:00 AM to 5:00 PM ET at the Sheraton Centre Toronto Hotel, 123 Queen St West, Toronto. To learn more about the event, visit arcstoneglobalsecurities.com/growth-summit. Register at GrowthSummit2024.eventbrite.ca.
Update on New Miner Installation
DMG would like to update shareholders that its order of T21s will be 100% completed by the end of the month.
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DMG
DMG’s mission is to lead the digital asset industry by meeting the most stringent compliance requirements while focused on environmental requirements.
Blockseer/Core+
Blockseer blockchain software products help enable crypto adoption and growth.
Systemic Trust
Systemic Trust, a custody solution for digital assets, ensures security with advanced technology, risk management, and transparency.
Terra Pool
Terra Pool, enabled by Blockseer software, is the world's first Bitcoin mining pool focused on carbon neutral energy and clean block mining.
