ALEXANDRIA, Va., March 17 -- United States Patent no. 12,579,384, issued on March 17, was assigned to DeepSee.ai Inc. (Draper, Utah).
"Smart contract generation system and methods" was invented by Stephen W. Shillingford (Salt Lake City), Bryan W. Sparks (Lindon, Utah) and Ryan W. McQueen (Sandy, Utah).
According to the abstract* released by the U.S. Patent & Trademark Office: "A system for generating smart contracts may include a first subsystem to receive a written or verbal contract, and a second subsystem to identify terms of the contract using natural language processing (NLP). The system may additionally include a third subsystem to correlate processed NLP terms of the contract with chaincode in a library, and a fourth subsystem to ...