US Patent Issued to Rebate Assets on June 23 for "Utilizing a public benefit assets secure token" (Illinois Inventors)

ALEXANDRIA, Va., July 15 -- United States Patent no. 12,664,586, issued on June 23, was assigned to Rebate Assets LLC (Rockford, Ill.).

"Utilizing a public benefit assets secure token" was invented by Gary W. Grube (Barrington Hills, Ill.) and Peter M. Shannon III (Western Springs, Ill.).

According to the abstract* released by the U.S. Patent & Trademark Office: "A method includes a computing entity issuing to an asset authenticity computing entity a request to select and authenticate a digital record that represents an available public benefit credit asset based on a digital record representing a hypothetical public benefit credit asset to produce a selected public benefit credit asset. The method further includes determining that authen...