US Patent Issued to CALIFORNIA BOUNTIFUL FOUNDATION on July 7 for "Facilitating, quantifying and establishing sequestered carbon in agricultural trees and wine grapevines" (California Inventor)

ALEXANDRIA, Va., July 7 -- United States Patent no. 12,675,799, issued on July 7, was assigned to CALIFORNIA BOUNTIFUL FOUNDATION (Sacramento, Calif.).

"Facilitating, quantifying and establishing sequestered carbon in agricultural trees and wine grapevines" was invented by Amrith Gunasekara (West Sacramento, Calif.).

According to the abstract* released by the U.S. Patent & Trademark Office: "A blockchain system is disclosed for tracking and exchanging carbon credits between providers and acquirers. The blockchain system can be a closed-loop gateway that exchanges tracked tokens from an original carbon credit provider through subsequent acquirers. Additionally, future projected carbon credits can be generated and/or verified."

The patent ...