US Patent Issued to NCHAIN LICENSING on Jan. 20 for "Method and system for directing an exchange associated with an anonymously held token on a blockchain" (British Inventor)

ALEXANDRIA, Va., Jan. 20 -- United States Patent no. 12,530,680, issued on Jan. 20, was assigned to NCHAIN LICENSING AG (Zug, Switzerland).

"Method and system for directing an exchange associated with an anonymously held token on a blockchain" was invented by Gavin Allen (London).

According to the abstract* released by the U.S. Patent & Trademark Office: "The invention provides a method and corresponding system for controlling a transfer of an asset via a blockchain. It can also be used to control and record the ownership of an asset represented on the blockchain without the need for a separate registry of ownership. The ownership and transfers thereof can be handled and recorded without the need for knowledge of the parties involved or t...