US Patent Issued to Nant Holdings IP on Sept. 8 for "Location-based virtual good transaction methods and systems" (California Inventor)

ALEXANDRIA, Va., Sept. 8 -- United States Patent no. 12,731,166, issued on Sept. 8, was assigned to Nant Holdings IP LLC (Culver City, Calif.).

"Location-based virtual good transaction methods and systems" was invented by Patrick Soon-Shiong (Los Angeles).

According to the abstract* released by the U.S. Patent & Trademark Office: "Methods and systems of enabling location-based transactions of virtual goods are disclosed. At least one location attribute is derived from a digital representation of a real-world scene captured at least in part by a mobile device. The location attribute is used as a basis to identify at least one virtual game good offered by at least one merchant. A reconciliation matrix related to the at least one virtual gam...