ALEXANDRIA, Va., July 9 -- United States Patent no. 12,355,905, issued on July 8, 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 contingency-action token (CAT) of an object distributed ledger that meets minimum CAT requirements. The method further includes producing a selected CAT and determining reassignment information for the selected CAT. The method further includes facilitating taking control of the selected CAT of a blockchain of the object distributed ledger using a securely passing p...