ALEXANDRIA, Va., Oct. 21 -- United States Patent no. 12,443,977, issued on Oct. 14, was assigned to DATAVAULT AI INC. (Beaverton, Ore.).
"Carbon credit tokenization" was invented by Alfred Blair Blaikie III (Tinton Falls, N.J.), Nathaniel T. Bradley (Tucson, Ariz.) and Joshua S. Paugh (Tucson, Ariz.).
According to the abstract* released by the U.S. Patent & Trademark Office: "The illustrative embodiments provides a system, method, device, and platform for managing carbon credits utilizing tokens. Carbon credits associated with a unit of carbon emissions are received. The carbon credits are tokenized to create tokens associated with each of the carbon credits. The carbon credits are marketed to authorized parties. Transactions for the toke...