ALEXANDRIA, Va., Sept. 3 -- United States Patent no. 12,407,509, issued on Sept. 2, 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 selecting a contingency-action token (CAT) of an object distributed ledger that meets minimum CAT requirements. The method further includes determining to select the CAT based on an evaluation of the CAT with regards to an evaluation profile. When selecting the CAT the method further includes facilitating taking control of the selected CAT of a blockchain of the object distrib...