ALEXANDRIA, Va., Jan. 13 -- United States Patent no. 12,526,147, issued on Jan. 13, was assigned to Champ Titles Inc. (Cleveland).
"Digital asset management" was invented by Bernardo Moreno (Westlake, Ohio), Shane M. Bigelow (Gates Mills, Ohio), Bo J. Shim (Avon, Ohio), Scott W. Barrett (Valley View, Ohio), Ian P. Lewis (Aurora, Ohio), Daniel F. Crough Jr. (Mentor, Ohio) and Dante Giancola (Brecksville, Ohio).
According to the abstract* released by the U.S. Patent & Trademark Office: "A system and method are provided for issuing vehicle titles in a manner that guards against title washing using a permissioned blockchain network. Upon receiving a title issuance request, a global asset registry ledger is queried to retrieve historical vehic...