ALEXANDRIA, Va., July 15 -- United States Patent no. 12,664,538, issued on June 23, was assigned to Code 4 Media Group Inc. (Huntington Beach, Calif.).
"Single point of creation" was invented by Frank Teunissen (Queensland, Australia) and Kevin Elliott (Huntington Beach, Calif.).
According to the abstract* released by the U.S. Patent & Trademark Office: "A system and method for generating non-fungible tokens (NFTs) associated with encrypted near-field communication (NFC) tags is described. In an example implementation, the system may include an NFT creation platform configured to receive a request to generate an NFT in association with an asset. A wallet having a private key is then generated. A smart contract associated with the NFT can ...