US Patent Issued to International Business Machines on June 30 for "Method for digital asset transactions" (New York, Massachusetts, California, Texas Inventors)

ALEXANDRIA, Va., July 16 -- United States Patent no. 12,670,528, issued on June 30, was assigned to International Business Machines Corp. (Armonk, N.Y.).

"Method for digital asset transactions" was invented by Tiberiu Suto (Franklin, N.Y.), Shikhar Kwatra (San Jose, Calif.), Nadiya Kochura (Bolton, Mass.), Ayush Khandelwal (Cambridge, Mass.) and Jeremy R. Fox (Georgetown, Texas).

According to the abstract* released by the U.S. Patent & Trademark Office: "A computer-implemented method for digital asset transaction is disclosed. The computer-implemented method includes determining that a licensed material was used to generate a digital asset. The computer-implemented method further includes generating a smart contract for the digital asset,...