ALEXANDRIA, Va., April 9 -- United States Patent no. 12,271,877, issued on April 8.

"Tokenized structured asset states" was invented by Debashis Ghosh (San Francisco), Luiz Fernando Flor de Silva (Pleasant Hill, Calif.), Nathaniel C. Eutsler (San Francisco) and Matthew Mullin Shepherd (Charlotte, N.C.).

According to the abstract* released by the U.S. Patent & Trademark Office: "A system to track to model asset states and access by utilizing non-fungible tokens (NFTs). The system includes a data processing system including memory and one or more processors to receive a stating request for an asset, obtain, based on a plurality of control structures, a plurality of NFTs, each of the plurality of NFTs including a link with a metadata object ...