US Patent Issued to CBOE EXCHANGE on Aug. 11 for "Blockchain-based systems and methods for implementing inflow/outflow of digital assets and non-digital assets" (Illinois Inventors)

ALEXANDRIA, Va., Aug. 12 -- United States Patent no. 12,705,601, issued on Aug. 11, was assigned to CBOE EXCHANGE INC. (Chicago).

"Blockchain-based systems and methods for implementing inflow/outflow of digital assets and non-digital assets" was invented by Nishank Modi (Chicago), Michael Izhaky (Chicago), Florian Huchede (Chicago), Daniel Zubarchuk (Chicago) and Alok Khuntia (Chicago).

According to the abstract* released by the U.S. Patent & Trademark Office: "Blockchain-based systems and methods for implementing inflow/outflow of digital assets and non-digital assets. The blockchain-based systems and methods may include: (1) generating a set of digital tokens distributable on a distributed computer network; (2) assigning a subset of dig...