US Patent Issued to NCHAIN LICENSING on Dec. 23 for "Registry and automated management method for blockchain-enforced smart contracts" (British Inventors)

ALEXANDRIA, Va., Dec. 23 -- United States Patent no. 12,505,435, issued on Dec. 23, was assigned to NCHAIN LICENSING AG (Zug, Switzerland).

"Registry and automated management method for blockchain-enforced smart contracts" was invented by Craig Steven Wright (London) and Stephane Savanah (London).

According to the abstract* released by the U.S. Patent & Trademark Office: "The invention relates to the fields of tokenisation, blockchain, and smart contract technologies. Provided herein are a computer-implemented method and system which use a computer-based repository to store a contract and control the visibility and/or performance of the contract. A transaction is broadcasted to a blockchain, the transaction comprising i) at least one unsp...