US Patent Issued to nChain Licensing on Feb. 24 for "Multi-level blockchain" (British Inventors)

ALEXANDRIA, Va., Feb. 24 -- United States Patent no. 12,562,929, issued on Feb. 24, was assigned to nChain Licensing AG (Zug, Switzerland).

"Multi-level blockchain" was invented by Craig Steven Wright (London), Chloe Tartan (London) and Katharine Molloy (London).

According to the abstract* released by the U.S. Patent & Trademark Office: "A computer-implemented method of using a multi-level (ML) data chain protocol to embed a data chain on a core blockchain, comprising: obtaining one or more ML transactions, wherein each ML transaction comprises one or more carrier pairs, each carrier pair comprising an input and an output, wherein each output comprises data associated with the data chain, and wherein each input comprises a signature that ...