US Patent Issued to nChain Licensing on Sept. 8 for "Computer implemented method and system" (British Inventors)

ALEXANDRIA, Va., Sept. 8 -- United States Patent no. 12,731,114, issued on Sept. 8, was assigned to nChain Licensing AG (Zug, Switzerland).

"Computer implemented method and system" was invented by Ricky Charles Rand (London), Andrew James Mee (London), Jack Owen Davies (London), Paul Clark (London) and Alex Woods (London).

According to the abstract* released by the U.S. Patent & Trademark Office: "A method is provided by which payments for assets are recorded using blockchain transactions, and verified based on immutable logs associated with the transactions."

The patent was filed on June 22, 2022, under Application No. 18/275,796.

*For further information, including images, charts and tables, please visit: http://patft.uspto.gov/netacg...