US Patent Issued to NCHAIN LICENSING on Dec. 16 for "Blockchain-based exchange with tokenisation" (British Inventors)

ALEXANDRIA, Va., Dec. 16 -- United States Patent no. 12,499,424, issued on Dec. 16, was assigned to NCHAIN LICENSING AG (Zug, Switzerland).

"Blockchain-based exchange with tokenisation" was invented by Craig Steven Wright (London) and Stephane Savanah (London).

According to the abstract* released by the U.S. Patent & Trademark Office: "A secure method for exchanging entities via a blockchain is presented. The method comprises receiving, from a user over a communications network, an invitation to perform an exchange of entities; generating a redeem script comprising metadata; hashing the redeem script to generate a redeem script hash; sending the first script and the first script hash on a distributed hash table (DHT); and generating an in...