US Patent Issued to Timothy J. Enneking on Dec. 23 for "Tokenization of the appreciation of assets" (California Inventors)

ALEXANDRIA, Va., Dec. 23 -- United States Patent no. 12,505,436, issued on Dec. 23, was assigned to Timothy J. Enneking (La Jolla, Calif.).

"Tokenization of the appreciation of assets" was invented by Timothy J. Enneking (La jolla, Calif.).

According to the abstract* released by the U.S. Patent & Trademark Office: "Disclosed are methods and systems that tokenize the appreciation of an asset. An appreciation token that corresponds to the value of the appreciation of the asset can be generated, and a smart contract can be embedded into a distributed ledger block of a distributed ledger."

The patent was filed on Dec. 15, 2021, under Application No. 17/644,505.

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