US Patent Issued to Rebate Assets on Sept. 1 for "Identifying a public benefit assets secure token" (Illinois Inventors)

ALEXANDRIA, Va., Sept. 1 -- United States Patent no. 12,725,203, issued on Sept. 1, was assigned to Rebate Assets LLC (Rockford, Ill.).

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

According to the abstract* released by the U.S. Patent & Trademark Office: "A method executed by a computing entity includes identifying, based on at least one of a public benefit project type and a public benefit project geographic location of selection criteria for a set of public benefit credit assets, a secure first token on an object distributed ledger representing the set of public benefit credit assets. The method further includes establishing contr...