US Patent Issued to Vannadium on April 14 for "Systems and methods for source chain management with identity-based tokens and enhanced security" (Virginia, Indiana, Texas Inventors)

ALEXANDRIA, Va., April 15 -- United States Patent no. 12,602,184, issued on April 14, was assigned to Vannadium Inc. (Arlington, Va.).

"Systems and methods for source chain management with identity-based tokens and enhanced security" was invented by Richard Gilchrist (Great Falls, Va.), Randy Krebs (Carmel, Ind.) and Jonathan Boyd Scott (Boerne, Texas).

According to the abstract* released by the U.S. Patent & Trademark Office: "Systems and methods for source chain management with identity-based tokens and enhanced security are disclosed. A processing system receives input that includes a decentralized identifier (DID) uniquely associated with an entity. The processing system invokes a smart contract deployed on a distributed ledger to min...