ALEXANDRIA, Va., June 16 -- United States Patent no. 12,307,494, issued on May 20, was assigned to Citizens Reserve Inc. (Los Gatos, Calif.).

"Authentication of products" was invented by Addison David McKenzie (Los Gatos, Calif.), Yonathan Lapchik (Miami) and Garrett Lee (Nashville, Tenn.).

According to the abstract* released by the U.S. Patent & Trademark Office: "Systems and methods for authenticating products, such as products from original manufacturers and/or resellers, that provide a trusted and reliable mechanism for buyers and sellers to prove the authenticity of a product and for authenticators to establish an authentication that can be relied on during downstream transactions is provided. In some embodiments, a blockchain-based ...