US Patent Issued on July 15 for "Cryptographically secured method and system for sharing at least one data record on a local database among multiple processing nodes, without using a blockchain" (New York Inventor)

ALEXANDRIA, Va., July 16 -- United States Patent no. 12,362,952, issued on July 15.

"Cryptographically secured method and system for sharing at least one data record on a local database among multiple processing nodes, without using a blockchain" was invented by Paul "Buzz" Moschetti (New York).

According to the abstract* released by the U.S. Patent & Trademark Office: "A method and system for sharing at least one cryptographically assured data record on a local database among multiple entities, without using a blockchain. The method and system preserve immutability and non-repudiatability of data shared among multiple entities without requiring a blockchain, allowing for seamless and performant querying and integration with unshared data...