US Patent Issued to MasterCard International on May 12 for "Method and system for mastercard authenticating non-fungible tokens" (Indian, American Inventors)

ALEXANDRIA, Va., May 12 -- United States Patent no. 12,626,243, issued on May 12, was assigned to MasterCard International Inc. (Purchase, N.Y.).

"Method and system for mastercard authenticating non-fungible tokens" was invented by Venkata Satya Sivajee Pinnamaneni (Dardenne Prairie, Colo.), Kaushal Shetty (Thane, India) and Sachin Kumar Singh (Maharashtra, India).

According to the abstract* released by the U.S. Patent & Trademark Office: "A method for authentication of non-fungible tokens (NFTs) includes receiving a validation request for an NFT from an external platform including a smart contract identifier; calculating an authentication score for the NFT based on at least (i) wallet activity associated with a creator blockchain wallet ...