ALEXANDRIA, Va., Sept. 23 -- United States Patent no. 12,425,248, issued on Sept. 23, 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 contingency-action tokens (CATs) of an object distributed ledger that meets minimum CAT requirements. The method further includes determining to securitize the set of CATs based on an evaluation of each CAT. The method further includes determining reassignment information for each CAT and facilitating taking control of each CAT of a blockchain of the obj...