ALEXANDRIA, Va., Dec. 31 -- United States Patent no. 12,511,351, issued on Dec. 30, was assigned to 2BC Innovations LLC (Barrington, Ill.).

"Processing a contingent action token securely" 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 determining baseline content associated with a longevity-contingent instrument for a contingency-action token (CAT) for an object distributed ledger. The method further includes establishing CAT content to include the baseline content and further CAT content to produce the CAT. The method further includes using a securely passing process to generate a new block affiliated with...