US Patent Issued to NCHAIN LICENSING on July 21 for "Blockchain-implemented method and system" (Luxembourger Inventor)

ALEXANDRIA, Va., July 21 -- United States Patent no. 12,689,625, issued on July 21, was assigned to NCHAIN LICENSING AG (Zug, Switzerland).

"Blockchain-implemented method and system" was invented by Stephane Vincent (Luxembourg City, Luxembourg).

According to the abstract* released by the U.S. Patent & Trademark Office: "The computer-implemented invention provides a method and corresponding system for controlling access to and/or use of an internet-enabled resource. The invention uses a distributed electronic ledger such as, for example, the Bitcoin blockchain. The resource may be an IoT device or system. Access to the resource is permitted or enabled upon provision of a cryptographic key e.g. a private key which corresponds to a public k...