US Patent Issued to AI COIN on Aug. 12 for "Systems, methods, and program products for a distributed digital asset network with rapid transaction settlements" (Texas Inventor)

ALEXANDRIA, Va., Aug. 12 -- United States Patent no. 12,383,320, issued on Aug. 12, was assigned to AI COIN INC. (Hoboken, N.J.).

"Systems, methods, and program products for a distributed digital asset network with rapid transaction settlements" was invented by Stephen Lester Reed (Austin, Texas).

According to the abstract* released by the U.S. Patent & Trademark Office: "Systems, methods, and program products for providing and administering a digital asset network of cooperative nodes with rapid transaction settlements are disclosed."

The patent was filed on Aug. 1, 2022, under Application No. 17/878,209.

*For further information, including images, charts and tables, please visit: http://patft.uspto.gov/netacgi/nph-Parser?Sect1=PTO2&Se...