ALEXANDRIA, Va., Oct. 6 -- United States Patent no. 12,755,280, issued on Oct. 6, was assigned to Market Software Ltd. (Gibraltar).

"Trustless smart contract execution based on provable ordered transaction history" was invented by Mikko Ohtamaa (Gibraltar, Great Britain) and Teemu Sorvisto (Twickenham, Great Britain).

According to the abstract* released by the U.S. Patent & Trademark Office: "Data analysis is enabled by trustless decision strategy execution. Programming access is provided to a database which includes a provable ordered transaction history of a tokenized asset. The provable ordered transaction history is based on transactions from one or more blockchains. One or more decision strategies, which comprise a program that activ...