US Patent Issued to Trace Labs on Sept. 1 for "Systems and methods for writing updates to and/or reading previously stored updates of assets implemented as smart contracts on a decentralized database" (American, Dutch Inventors)

ALEXANDRIA, Va., Sept. 1 -- United States Patent no. 12,724,766, issued on Sept. 1, was assigned to Trace Labs LLC (Shelburne, Vt.).

"Systems and methods for writing updates to and/or reading previously stored updates of assets implemented as smart contracts on a decentralized database" was invented by Paul Lintilhac (Springfield, Vt.), Joshua Decatur (South Hero, Vt.), Paul Oostenrijk (De Rips, Netherlands) and Laura Seach (Brooklyn, N.Y.).

According to the abstract* released by the U.S. Patent & Trademark Office: "Systems and methods for writing updates to and/or reading previously stored updates of assets that are implemented as smart contracts on a decentralized database are disclosed. Exemplary implementations may: receive a first re...