US Patent Issued to PayPal on Sept. 22 for "Methods and systems for facilitating sharing of tokens in blockchain transactions" (American, Israeli Inventors)

ALEXANDRIA, Va., Sept. 24 -- United States Patent no. 12,743,683, issued on Sept. 22, was assigned to PayPal Inc. (San Jose, Calif.).

"Methods and systems for facilitating sharing of tokens in blockchain transactions" was invented by Ben Riva (Givatayim, Israel) and Sujay Vijay Purandare (Portland, Ore.).

According to the abstract* released by the U.S. Patent & Trademark Office: "Methods and systems are presented for providing a framework for facilitating token sharing with contract issuers based on processing of smart contract transactions. The framework provides a mechanism for allowing one or more computer nodes within a blockchain network to opt-in to a token sharing agreement with a contract issuer and a mechanism for an opted-in com...