US Patent Issued on Jan. 20 for "Method and platform for creating non-fungible tokens with built-in terms" (Massachusetts Inventor)

ALEXANDRIA, Va., Jan. 20 -- United States Patent no. 12,530,684, issued on Jan. 20.

"Method and platform for creating non-fungible tokens with built-in terms" was invented by George Shiping Hu (Lexington, Mass.).

According to the abstract* released by the U.S. Patent & Trademark Office: "A method performed by an NFT platform includes generating NFT secondary file information relating to a digital file and the NFT, wherein the NFT secondary file information comprises a content ID of the digital file stored in a data storage, wherein the data storage is a permanent and immutable data storage. The method may also include the NFT platform generating an NFT metadata file comprising the content ID of the digital file stored in the data storage,...