US Patent Issued to NCHAIN LICENSING on Sept. 15 for "Secure provision of undetermined data from an undetermined source into the locking script of a blockchain transaction" (British Inventors)

ALEXANDRIA, Va., Sept. 15 -- United States Patent no. 12,737,756, issued on Sept. 15, was assigned to NCHAIN LICENSING AG (Zug, Switzerland).

"Secure provision of undetermined data from an undetermined source into the locking script of a blockchain transaction" was invented by Ying Chan (Cambridge, Great Britain) and Dean Kramer (London).

According to the abstract* released by the U.S. Patent & Trademark Office: "The invention relates to distributed ledger technologies such as consensus-based blockchains. Computer-implemented methods for a self-replicating smart contract with termination condition are described. The invention is implemented using a blockchain network. A first transaction including a first script is validated by a node in ...