US Patent Issued to NCHAIN LICENSING on June 9 for "Methods and systems for efficient transfer of entities on a peer-to-peer distributed ledger using the blockchain" (British Inventors)

ALEXANDRIA, Va., June 9 -- United States Patent no. 12,652,164, issued on June 9, was assigned to NCHAIN LICENSING AG (Zug, Switzerland).

"Methods and systems for efficient transfer of entities on a peer-to-peer distributed ledger using the blockchain" 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 provides a secure method for exchanging entities via a blockchain. The invention incorporates tokenisation techniques, and also techniques for embedding metadata in a redeem script of a blockchain transaction. Embodiment(s) provide a computer implemented method of performing a transfer, the method comprising: generating a first...