US Patent Issued to NCHAIN LICENSING on Jan. 20 for "Systems and methods for implementing deterministic finite automata (DFAS) via a blockchain" (British Inventors)

ALEXANDRIA, Va., Jan. 20 -- United States Patent no. 12,530,205, issued on Jan. 20, was assigned to NCHAIN LICENSING AG (Zug, Switzerland).

"Systems and methods for implementing deterministic finite automata (DFAS) via a blockchain" was invented by Craig Steven Wright (London) and Pedro Jimenez-Delgado (London).

According to the abstract* released by the U.S. Patent & Trademark Office: "The invention relates to a technique for implementing, controlling and automating a task or process on a blockchain such as, but not limited to, the Bitcoin blockchain. The invention is particularly suited for, but not limited to, automated execution of contracts such as smart contracts for financial agreements. However, other types of tasks and non-financ...