US Patent Issued to Uptime Assets on Aug. 11 for "Systems and methods for tracking equipment through use of distributed ledger technologies and non-fungible tokens" (Florida Inventor)

ALEXANDRIA, Va., Aug. 12 -- United States Patent no. 12,705,582, issued on Aug. 11, was assigned to Uptime Assets LLC.

"Systems and methods for tracking equipment through use of distributed ledger technologies and non-fungible tokens" was invented by Matthew Sher (North Pompano, Fla.).

According to the abstract* released by the U.S. Patent & Trademark Office: "Methods and systems for tracking equipment are disclosed. Some embodiments may include: receiving an electronic identifier associated with a piece of equipment, retrieving the one or more data elements from a distributed ledger, generating an updated resale value for the piece of equipment associated with the electronic identifier, based at least in part on the one or more data elem...