US Patent Issued to Chicago Mercantile Exchange on Jan. 27 for "Secure electronic tokens in an electronic tokening system" (Illinois Inventors)

ALEXANDRIA, Va., Jan. 28 -- United States Patent no. 12,536,592, issued on Jan. 27, was assigned to Chicago Mercantile Exchange Inc. (Chicago).

"Secure electronic tokens in an electronic tokening system" was invented by Mohandas Ayikara Kizhakayil (Naperville, Ill.), Graham Robert McDannel (Chicago), Bluford Hugh Putnam (Highland Park, Ill.), Qifan Wu (Evanston, Ill.), Vijay Mani Pillai (Chicago) and James Joseph Boudreault (Kildeer, Ill.).

According to the abstract* released by the U.S. Patent & Trademark Office: "An electronic tokening system implemented by a data source transmits secure electronic tokens including time-based values to a plurality of terminals. The terminals may be geographically disparate, and the different terminals m...