US Patent Issued to Artema Labs on Oct. 6 for "Systems and methods for token creation and management" (New York, Texas Inventors)

ALEXANDRIA, Va., Oct. 6 -- United States Patent no. 12,756,563, issued on Oct. 6, was assigned to Artema Labs Inc (Los Angeles).

"Systems and methods for token creation and management" was invented by Bjorn Markus Jakobsson (New York) and Stephen C. Gerber (Austin, Texas).

According to the abstract* released by the U.S. Patent & Trademark Office: "Systems and methods for token generation and management in accordance with embodiments of the invention are illustrated. One embodiment includes a method for minting tokens. The method includes steps for identifying a set of one or more input tokens, generating an output token based on the set of input tokens, and storing the output token to a ledger."

The patent was filed on June 22, 2022, und...