US Patent Issued to Micro Focus on Sept. 23 for "Managing smart contracts using a distributed ledger" (Idaho, Texas Inventors)

ALEXANDRIA, Va., Sept. 23 -- United States Patent no. 12,423,700, issued on Sept. 23, was assigned to Micro Focus LLC (Wilmington, Del.).

"Managing smart contracts using a distributed ledger" was invented by Douglas Max Grover (Rigby, Idaho) and Michael F. Angelo (Houston).

According to the abstract* released by the U.S. Patent & Trademark Office: "A blockchain is created. The blockchain comprises an authentication block that defines one or more authentication credentials that are required to be provided by an endorser to add a first type of transaction block to the blockchain. For example, a user may be required to provide a username/password to add a smart contract transaction block to the blockchain. A request to add the first type of ...