US Patent Issued to Wells Fargo Bank on Oct. 27 for "Protecting tokenized structures using a protection architecture" (California Inventors)

ALEXANDRIA, Va., Oct. 27 -- United States Patent no. 12,775,944, issued on Oct. 27, was assigned to Wells Fargo Bank N.A. (San Francisco).

"Protecting tokenized structures using a protection architecture" was invented by Ashish B. Kurani (Hillsborough, Calif.) and Dennis E. Montenegro (Concord, Calif.).

According to the abstract* released by the U.S. Patent & Trademark Office: "Systems, methods, and computer-readable storage media to protect non-fungible tokens (NFTs) using a protection architecture. One method includes receiving an exchange request, unprotecting the NFT including determining an NFT identifier of the NFT, verifying at least one attribute for outputting is satisfied, authenticating the link of the NFT, requesting a cold st...