US Patent Issued to nChain Licensing on May 19 for "Computer-implemented system and method" (British Inventors)

ALEXANDRIA, Va., May 19 -- United States Patent no. 12,632,854, issued on May 19, was assigned to nChain Licensing AG (Zug, Switzerland).

"Computer-implemented system and method" was invented by Steven Coughlan (London), Ambrose Sraha (London) and Dulan Weerasin-Ha (London).

According to the abstract* released by the U.S. Patent & Trademark Office: "In a first aspect, the present disclosure proposes methods, devices and systems for implementing a payment service for enabling transactions associated with a client to be written into, or stored in a distributed ledger, i.e. a blockchain. The payment service is implemented as an API to which one or more clients have access to processing digital asset payments pertaining to a respective client...