ALEXANDRIA, Va., Sept. 23 -- United States Patent no. 12,423,685, issued on Sept. 23, was assigned to DFINITY STIFTUNG (Zurich, Switzerland).

"Distributed network with consensus mechanism" was invented by Jan Camenisch (Thalwil, Switzerland), Manu Drijvers (Zurich), Robert Lauko (Wallisellen, Switzerland), Timo Hanke (Palo Alto, Calif.), Mahnush Movahedi (Menlo Park, Calif.) and Dominic Williams (Palo Alto, Calif.).

According to the abstract* released by the U.S. Patent & Trademark Office: "An aspect of the invention relates to a distributed network comprising a plurality of network nodes. The distributed network is configured to perform a method for reaching a consensus on a sequence of values in an advantageous manner. The method perfor...