ALEXANDRIA, Va., July 15 -- United States Patent no. 12,664,353, issued on June 23, was assigned to Bonterms Inc. (San Francisco).

"System-guided collaborative editing of standardized documents" was invented by Todd Smithline (San Francisco).

According to the abstract* released by the U.S. Patent & Trademark Office: "According to techniques described herein, a system/platform may implement a method for collaboratively editing a standardized text document. The platform may receive a user selection of a standardized text document, receive a first party set of values, receive a second party set of values, execute an algorithm for generating a final set of values for the standardized text document, and transmit the final set of values to the ...