US Patent Issued to Raise Marketplace on Aug. 11 for "Generating a new key pair for utilization within a contract blockchain" (Illinois Inventor)

ALEXANDRIA, Va., Aug. 12 -- United States Patent no. 12,705,611, issued on Aug. 11, was assigned to Raise Marketplace LLC (Dover, Del.).

"Generating a new key pair for utilization within a contract blockchain" was invented by Conrad Hancock Barski (Evanston, Ill.).

According to the abstract* released by the U.S. Patent & Trademark Office: "A method includes detecting a need by a second computing device to generate a new public/private key pair for utilization within a contract blockchain, where each contract block includes a contract package that includes contract information, and where a first computing device is a current owner of the contract blockchain. The method further includes obtaining control over the contract blockchain from th...