ALEXANDRIA, Va., Aug. 26 -- United States Patent no. 12,401,534, issued on Aug. 26, was assigned to 2BC Innovations LLC (Barrington, Ill.).
"Securely processing a contingent action token" was invented by Gary W. Grube (Barrington Hills, Ill.).
According to the abstract* released by the U.S. Patent & Trademark Office: "A method executed by a computing device includes identifying a set of securitized contingency-action tokens (CATs) of an object distributed ledger that meets minimum CAT requirements. The method further includes determining to update the securitized set of CATs based on an evaluation. The method further includes identifying an incremental CAT, determining reassignment information for the incremental CAT, and facilitating tak...