US Patent Issued to TAAL DIT on July 28 for "Proof of data retention with blockchain" (Swiss Inventor)

ALEXANDRIA, Va., July 28 -- United States Patent no. 12,695,636, issued on July 28, was assigned to TAAL DIT GMBH (Zug, Switzerland).

"Proof of data retention with blockchain" was invented by Dean Rakic (Zug, Switzerland).

According to the abstract* released by the U.S. Patent & Trademark Office: "A computer-implemented method of using a blockchain to provide proof of a data retention policy, wherein a smart contract defines one or more respective data retention requirements for storing data items at a storage location, and wherein the method comprises: receiving a data item and/or an encrypted version thereof, and one or more data retention details of a retention policy; supplying, to a smart contract, the data item and/or the encrypted ...