ALEXANDRIA, Va., June 6 -- United States Patent no. 12,284,261, issued on April 22, was assigned to Bitdrift Inc. (San Francisco).

"Systems and methods for compressing digital data" was invented by Kirti Agarwal (Wood Ridge, Calif.), Behrooz Badii (Westport, Conn.), Nathaniel Joseph Oorloff (Brooklyn, N.Y.), Jeffrey Tsvi Pinner (Tiburon, Calif.) and Yann Thomas Ramin (Folsom, Calif.).

According to the abstract* released by the U.S. Patent & Trademark Office: "A computing system configured to (i) obtain a set of key-value pairs, wherein each key-value pair corresponds to a respective timestamp in a period of time, (ii) for at least one timestamp in the given period of time: (a) identify a first subset of the key-value pairs corresponding t...