US Patent Issued to 2BC Innovations on Sept. 8 for "Utilizing a contingent action token" (Illinois Inventor)

ALEXANDRIA, Va., Sept. 8 -- United States Patent no. 12,732,368, issued on Sept. 8, was assigned to 2BC Innovations LLC (Barrington, Ill.).

"Utilizing a contingent action token" 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 detecting a change of contingency status of a first block of a blockchain of an object distributed ledger. The method further includes determining whether the triggered outcome is valid for a first contingency action token based on the change of contingency status of the first block. When the triggered outcome is valid for the first contingency action token, the method further includes ...