US Patent Issued to HITACHI on Sept. 15 for "Trusted industrial asset monetization using privileged fractional NFTs for private generative AI knowledge extraction" (California Inventors)

ALEXANDRIA, Va., Sept. 15 -- United States Patent no. 12,737,812, issued on Sept. 15, was assigned to HITACHI LTD. (Tokyo).

"Trusted industrial asset monetization using privileged fractional NFTs for private generative AI knowledge extraction" was invented by Prasun Kumar Singh (San Jose, Calif.), Ravigopal Vennelakanti (San Jose, Calif.) and Malarvizhi Sankaranarayanasamy (Mountain View, Calif.).

According to the abstract* released by the U.S. Patent & Trademark Office: "A first blockchain system directed to representation of fractional ownership of asset baskets via NFT, each of the asset baskets including a disposal well to generate electricity, and a second blockchain system directed to operations of the asset baskets, the second bloc...