ALEXANDRIA, Va., Dec. 16 -- United States Patent no. 12,500,752, issued on Dec. 16, was assigned to PAYPAL INC. (San Jose, Calif.).
"System configuration based on smart contracts" was invented by Suryatej Gundavelli (San Jose, Calif.), Michael Jim Tien Chan (San Jose, Calif.), Mehak Jethmalani (Jersey City, N.J.), Oluwatomisin Olayemi Jenrola (Toronto), Stephanie Rose Desanges (Westwood, Mass.) and Oliver Vanzant (New York).
According to the abstract* released by the U.S. Patent & Trademark Office: "An example method of configuring a plurality of aspects of a system includes providing, by a computing system, a control smart contract and a plurality of subordinate smart contracts on a blockchain, wherein each subordinate smart contract rec...