US Patent Issued to DTCC DIGITAL (US) on July 15 for "Method, apparatus, and computer-readable medium for compliance aware tokenization and control of asset value" (Maryland, Virginia Inventors)

ALEXANDRIA, Va., July 16 -- United States Patent no. 12,361,488, issued on July 15, was assigned to DTCC DIGITAL (US) INC. (Jersey City, N.J.).

"Method, apparatus, and computer-readable medium for compliance aware tokenization and control of asset value" was invented by George Daniel Doney (Riva, Md.) and Ihor Yermakov (Arlington, Va.).

According to the abstract* released by the U.S. Patent & Trademark Office: "An apparatus, computer-readable medium, and computer-implemented method to facilitate scalable compliance and issuer governance of decentralized financial transactions especially for the trade and transfer of tokenized securities. The resulting Compliance Aware Tokens contain the rulesets to restrict transactions and facilitate reg...