US Patent Issued to ABAXX TECHNOLOGIES on June 10 for "Method and apparatus for tokenization of a natural resource" (Barbadian, American Inventors)

ALEXANDRIA, Va., June 18 -- United States Patent no. 12,327,240, issued on June 10, was assigned to ABAXX TECHNOLOGIES CORP. (Christ Church, Barbados).

"Method and apparatus for tokenization of a natural resource" was invented by Joshua Crumb (Christ Church, Barbados), Andrew Fedak (Christ Church, Barbados) and Christopher A. Wiklof (Everett, Wash.).

According to the abstract* released by the U.S. Patent & Trademark Office: "A computer method for tokenizing a natural resource includes receiving, via a graphical user interface (GUI), data corresponding to proof of natural resource rights to explore for, produce, mine, and/or harvest a natural resource in a specified region by a first party. The method includes receiving, via the GUI, a dig...