US Patent Issued to 2BC Innovations on Aug. 11 for "Processing a contingent action token securely" (Illinois Inventor)

ALEXANDRIA, Va., Aug. 12 -- United States Patent no. 12,706,743, issued on Aug. 11, was assigned to 2BC Innovations LLC (Barrington, Ill.).

"Processing a contingent action token securely" was invented by Gary W. Grube (Barrington Hills, Ill.).

According to the abstract* released by the U.S. Patent & Trademark Office: "A method executed by a computing device includes determining whether baseline content associated with a longevity-contingent instrument is qualified for a proposed contingency-action token (CAT) for an object distributed ledger. When qualified, the method further includes obtaining approval with regards to availability status of the longevity-contingent instrument. The method further includes establishing CAT content to incl...