ALEXANDRIA, Va., April 9 -- United States Patent no. 12,271,711, issued on April 8, was assigned to Futureverse IP Ltd. (Auckland, New Zealand).

"Interoperable composite data units for use in distributed computing execution environments" was invented by David McDonald (Auckland, New Zealand).

According to the abstract* released by the U.S. Patent & Trademark Office: "Disclosed implementations provide executable models, such as artificial intelligence models that can be owned, traded, and used in various execution environments. By coupling a model with a strictly defined interface definition, the model can be executed in various execution environments that support the interface. Coupling the model with a non-fungible cryptographic token al...