ALEXANDRIA, Va., Nov. 25 -- United States Patent no. 12,481,987, issued on Nov. 25, was assigned to CipherTrace Inc (Menlo Park, Calif.).
"Verification systems for blockchains and distributed ledgers" was invented by David Jevans (Menlo Park, Calif.).
According to the abstract* released by the U.S. Patent & Trademark Office: "Provided herein are exemplary systems and methods for creating a secure self-validating network of blockchain/distributed ledger participants. Some exemplary mechanisms support self-validation, mutual-validation, external-validation and privacy controls. Such mechanisms enable the deployment and continued operation of large scale blockchain and distributed ledger systems with a self-certifying security system. They c...