DMG Blockchain Secures U.S. Patent for Enhanced Privacy Protocol
DMG Blockchain Solutions Inc. has received a significant boost with the U.S. Patent No. 11,810,103 for its Custom Mempool Protocol. This innovation promises enhanced privacy and security for blockchain transactions, marking a substantial advancement in the field according to DMG's CEO, Sheldon Bennett.
The Custom Mempool Protocol is a key component of DMG's Petra technology, designed to provide secure transaction capabilities for financial institutions and artists. It operates through DMG's Terra Pool, maintaining carbon-neutral operations and adhering to regulatory standards. The protocol allows applications to send cryptographic events directly to independent hashing processors, reducing external risks and unauthorized access.
Transactions are processed only if they meet specific criteria, preventing unnecessary data propagation to external nodes. This selective approach enhances cryptographic event processing in a more secure and controlled manner. While there's no concrete evidence yet on which companies will partner with DMG for this protocol, relationships with defense procurement authorities in Canada have been mentioned.
DMG's patent for the Custom Mempool Protocol underscores its leadership in developing scalable, secure blockchain technologies. This innovation offers a more selective and secure environment for cryptographic events, positioning DMG as a key player in shaping the future of secure blockchain transactions.
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